Technology / Media / Telecoms

Symantec to sell Veritas for $8 billion to focus on security software

Published 12/08/2015

Norton antivirus software maker Symantec Corp has agreed to sell its data storage unit, Veritas, for $8 billion to a group led by Carlyle Group [more…]

Google morphs into Alphabet- investors cheer clarity

Published 11/08/2015

SAN FRANCISCO Google Inc (GOOGL.O) announced a surprise overhaul of its operating structure on Monday, creating a holding company called Alphabet to pool its many [more…]

Disney warning eclipses AMC Networks’ sales rise

Published 06/08/2015

AMC Networks Inc's (AMCX.O) shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's (DIS.N) [more…]

New York Times revenue misses as print ad sales fall again

Published 06/08/2015

New York Times Co reported lower-than-expected quarterly revenue as its print advertising sales fell for the fourth straight quarter.

Shares of the company, which also [more…]

Viacom revenue miss adds to concerns over U.S. cable companies

Published 06/08/2015

Viacom Inc reported weaker-than-expected quarterly revenue, hurt by lower advertising revenue from its U.S. cable TV business as viewers increasingly shift to online streaming services.

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Fox lowers profit outlook, shares drop

Published 06/08/2015

Media company Twenty-First Century Fox Inc (FOXA.O) on Wednesday reduced its profit expectation for the coming year, citing foreign currency impacts, the timing of film [more…]

U.S. researchers show computers can be hijacked to send data as sound waves

Published 05/08/2015

LAS VEGAS A team of security researchers has demonstrated the ability to hijack standard equipment inside computers, printers and millions of other devices in order [more…]

German carmakers buy Nokia maps to fend off digital rivals

Published 03/08/2015

FRANKFURT/HELSINKI German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), will pay around 2.5 billion euros ($2.75 billion) to buy Nokia's maps business, a transformational [more…]

AT&T to bundle wireless service with DirecTV’s pay-TV offerings

Published 03/08/2015

The No. 2 U.S. wireless carrier AT&T Inc said it will bundle its wireless service with DirecTV's pay-TV offerings after the $48.5 billion deal was [more…]

Yahoo buys fashion website Polyvore

Published 31/07/2015

Yahoo Inc (YHOO.O) said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.Yahoo, which [more…]