Tom Mockridge, who led Rupert Murdoch’s U.K. newspaper unit during phone-hacking allegations, was named the head of British cable operator Virgin Media Inc., placing him in competition with his former employer.
DirecTV, the largest U.S. satellite- television provider, rose the most in four years to an all-time high after reporting first-quarter profit that topped estimates, bolstered by Latin American subscriber growth.
Johns Hopkins University seeks to raise $4.5 billion to endow professorships and generate funds for undergraduate financial aid and graduate fellowships, the biggest effort in the institution’s history, the school said.
Telefonica SA’s German division plans to deepen its cooperation with Deutsche Telekom AG for fixed- line products as it seeks to reverse a drop in broadband customer numbers and offer bundles for wireless clients.
Sirius XM Radio Inc. named interim Chief Executive Officer James Meyer to the job permanently, solidifying the satellite-radio company’s leadership after a takeover by billionaire John Malone earlier this year.
Tele Columbus Group, Germany’s third-biggest cable company, is reviving its search for a buyer to tap demand for cable assets in Europe’s largest economy, according to three people familiar with the matter.