Those “House of Cards” binges may soon be going down easier, at least when it comes to how quickly they arrive over the Web. Just don’t ask how much that’s costing Netflix Inc. -- or how much it might one day cost consumers.
Hewlett-Packard Co. has begun talks with shareholders’ lawyers on a possible settlement of litigation over its $8.8 billion writedown of the Autonomy Corp. acquisition, a person familiar with the matter said.
Comcast Corp. agreed to acquire Time Warner Cable Inc. for $45.2 billion in stock, a surprise deal that combines the two largest U.S. cable companies and creates a bulwark against competition from phone and satellite providers.
Facebook Inc.’s 2013 earnings will be “significantly below” analysts’ estimates, said Richard Greenfield, an analyst at BTIG Research, citing the social- networking site’s struggles to get revenue from mobile users.
Netflix Inc. Chief Executive Officer Reed Hastings, who drew regulatory scrutiny with a Facebook post on usage gains, is raising hackles again with plans for a moderated videocast instead of a quarterly earnings call.
CBS Corp. programming returned to Time Warner Cable Inc. in time for the start of the National Football League season, as the companies ended a one-month dispute that blocked service to pay-TV subscribers in New York, Los Angeles and Dallas.
Rupert Murdoch bowed to investor pressure to split his six-decade-old publishing business from the rest of News Corp.’s media empire. Now it’s time for the newspaper unit to prove it can make it on its own.
Rupert Murdoch, who began building his media empire 60 years ago, is relishing the chance “to do it all over again” with his newly streamlined publishing company that has $2.6 billion in cash to fuel acquisitions.