Viacom has agreed to buy Pluto TV for $340 million in cash, as it bolsters its streaming business.
Hedge fund Elliott Management has taken a stake in eBay and thinks the company's core marketplace business could be a target for Google, Walmart or private equity.
*UK electricals sales up 2 pct, mobile sales down 7 pct. LONDON, Jan 22- Dixons Carphone's turnaround plan has made a good start, the British retailer said on Tuesday, reporting a small rise in underlying revenue in the key Christmas period and keeping its full-year profit guidance. The group, which trades as Currys PC World and Carphone Warehouse in Britain, reported...
China said on Tuesday that the United States and Canada had abused their extradition agreement in the case of arrested Huawei executive Meng Wanzhou, after Canada's ambassador to the United States said it would proceed with formal extradition.
Disney reported losses of more than $1 billion tied to its ownership of Hulu and BAMtech, which powers ESPN+ and other streaming services.
Jan 18- AT&T Inc said Friday it will again buy advertising on Alphabet Inc's YouTube, nearly two years after the U.S. wireless carrier left the video platform when it discovered its ads may have appeared next to inappropriate content. AT&T is one of the largest U.S. brand marketers by total ad spend, according to research firm eMarketer, and its return caps off a...
WASHINGTON, Jan 17- A federal appeals court said on Thursday it would not delay oral arguments set for Feb. 1 on the Trump administration's decision to repeal the 2015 landmark net neutrality rules governing internet providers. The FCC had no immediate comment on the decision. The FCC voted to reverse the rules that barred internet service providers from...
Netflix says it's silly to frame the conversation around its company against new streaming services like Disney+.
Walmart is bucking the video streaming trend, opting not to launch a new service after talks with former Epix CEO Mark Greenberg ended.
Apple Inc is increasingly turning for growth to its services segment, which includes businesses such as iCloud storage, Apple Music and the App Store, and has been partnering with rivals in recent months. Two weeks ago, it cut its revenue forecast, blaming iPhone sales in China. The Verizon " Go Unlimited" plan will continue to get a six-month free trial of Apple Music.
Netflix shares rose after the company announced it was increasing prices, a sign that investors expect customers to pay up for the product.
Qualcomm has been around since 1985 and pioneered vital components of the wireless technologies you use today. Currently entangled in lawsuits with both the FTC and Apple, it’s often in the news, but how much do you know about what it actually does?
Finnish telecom equipment maker Nokia is cutting 350 jobs in Finland as part of its plans to find savings worth 700 million euros ($800 million) by next year.
NBC's streaming service will launch in 2020, the company announced.
MUMBAI, Jan 14- Samsung plans to launch a budget smartphone series in India ahead of a global release, aiming to regain ground ceded to Chinese rivals such as Xiaomi in the world's second-biggest mobile phone market. Samsung's mobile phone sales in India touched 373.5 billion rupees in the 12 months to end-March 2018, according to regulatory filings sourced by...
DAR ES SALAAM, Jan 11- India's Bharti Airtel has agreed to give part of its stake in Airtel Tanzania to the government, raising the East African nation's holding in the mobile phone operator to 49 percent from 40 percent, the president's office said on Friday. The announcement followed talks in Dar es Salaam between President John Magufuli and Bharti Airtel...
The news is likely to be another headache for Huawei, which has become enshrouded in controversy following the arrest of CFO Meng Wanzhou.
TEGNA, Hearst and EW Scripps are all planning to submit final bids to acquire Cox's 14 broadcast TV stations at the end of January.
Vodafone said back in November that it planned to reduce its costs in Spain and Italy to respond to challenging business conditions.
CNBC's Julia Boorstin recaps her interviews with Discovery CEO David Zaslav and Viacom CEO Bob Bakish at the Consumer Electronics Show in Las Vegas.