Amazon.com Inc. Chief Executive Officer Jeff Bezos is stepping up efforts to win over customers in their living rooms with a $99 TV box for watching digitally delivered shows and movies, challenging Apple Inc.’s TV device.
Adobe Systems Inc. added online subscribers at a faster-than-projected clip in the fiscal first quarter, as the company attempts to return to growth by selling Internet subscriptions for applications such as Photoshop.
CBS Corp., owner of the most-watched television network, reported quarterly profit that beat estimates, helped by programming deals, and accelerated its stock buybacks by $1.5 billion. The shares rose.
CBS Corp., owner of the most-watched television network, reported fourth-quarter profit that beat analysts’ estimates, helped by new programming agreements, and accelerated its stock buybacks by $1.5 billion.
Home Inns & Hotels Management Inc. led a weekly rally in Chinese budget hotel operators traded in New York after a surge in travel during the country’s New Year holidays last week bolstered their revenue outlook.
International Business Machines Corp.’s server business is dragging down sales and profits, hurting the division’s value just as Lenovo Group Ltd. is said to be considering an acquisition of the asset.