After spending $2 million for the sole copy of Wu-Tang Clan's "Once Upon a Time in Shaolin" late last year, the 32- year-old former hedge fund manager is now offering $10 million to become the sole owner of Kanye West's new album. Shkreli said in a separate tweet that West and his label, Universal Music Group, are legally required to take his offer to their board.» Read More
Media companies are wary of giving too much control to Apple — look at the disaster that befell the music industry when Steve Jobs controlled all transactions. So we can expect media companies to drive a hard bargain with Apple, to prevent it from securing a monopoly on video on demand, and to protect their lucrative relationship with cable carriers.
Jay-Z’s contributions to the Brooklyn Nets have been wildly disproportionate to his one-fifteenth ownership stake in the NBA team. And so are his expected earnings.
Facebook's Vice President of Marketing Carolyn Everson spoke with CNBC, looking to get out the word about the company’s strong relationship with the nation’s largest advertisers and its efforts to grow their return on investment.
Groupon is joining the ranks of the companies blaming Europe for its shortfalls. But with the stock falling as much as 20 percent after-hours, what investors are focused on is the company’s slowing growth.
Is Groupon’ s stock as good a deal as the coupons it offers on its site? That depends on how the company address investor concerns about slowing growth, the long-term potential of the deal-a-day business, and new revenue streams from the likes of Groupon Goods.
An update to last week's blogpost about the Houston janitor who parodied "Call me, Maybe" with "Call me, Jamie."
When Rupert Murdoch’s media empire reports its fiscal fourth quarter earnings after the bell Wednesday, Wall Street will be just as curious to hear details of its plan to split News Corp in two, as it is to hear the details of the quarter.
Disney CEO Bob Iger told CNBC that people are still flocking to parks and spending more money there despite the tight economy. He said the entertainment giant also sees "room to increase pricing" further.
On the heels of 'The Avengers' massive performance and the successful launch of Cars Land at its California theme park, Disney is expected to report stronger results across its segments on Tuesday after the bell.
SecondMarket, the leading platform for trading private company shares, seems to be benefiting from growing distrust in the public markets — despite losing its most popular company, Facebook, to the public market.
In a time when musicians made an average of about $34,000 off their music before deducting touring and recording expenses, rock stars have begun expanding their brands.
Carly Rae Jepsen's song "Call Me, Maybe?" is now being used by a union representing janitors to mock JPMorgan CEO Jamie Dimon.
CBS announced a record earnings of 65 cents, six cents better than expected.
Investors are disappointed by the company's slowing growth, and left its earnings call hungry for guidance on what Facebook’s is aiming for with its growing investments, and when it will return to accelerating growth.
Facebook’s advertising model is under attack — facing allegations that ad clicks on the site aren’t real, but are more likely from “bots,” (web robots) than from people.
The launch of subscription service Hulu Plus on Apple TV is more than just another incremental video distribution deal. It should be a win-win for both companies, and most importantly — it gives us a glimpse of what Apple has planned for its Apple TV service.
James Brehm, Compass Intelligence, and David Pearl, Epoch Investment Partners, weigh in on rumors of Apple's iPad mini, and whether the company is adhering to Steve Jobs' vision.
In its first earnings report as a public company Facebook’s results were right on target with non-GAAP earnings per share of 12 cents.
After three years of building up its user base, Foursquare is finally starting to make money — a big step for the service with over 20 million users and over 2 billion “check-ins” to businesses.
As theater chains beef up security, Hollywood has taken measures to be sensitive to the Aurora killings—Warner Bros. and the other studios refrained from reporting box office tallies over the weekend.