Posted by Shirley Brady on January 18, 2011 06:30 PM
Comcast's acquisition of NBC Universal is approved (with one FCC commissioner, Michael Copps, opposed). Conditions for the deal, expected to close by Feb. 1, include that Comcast must give up its management role at Hulu, and abide by anti-favoritism clause — a victory for Bloomberg TV and other networks that compete with Comcast and NBCU's channels. Comcast, separately, just invested $10M in Snagfilms, an ad-supported documentary site that owns INDIEwire, and led a $9M financing round in e-publishing consultancy Perfect Market.
Apple announces record quarterly earnings of $6B, with 7 million iPads sold during the Christmas quarter. The iPhone is now the UK's "most desirable" brand.
Citigroup "disappoints" despite quarterly profit of $1.3 billion.Continue reading...
Posted by Dale Buss on January 17, 2011 09:00 AM
Airbus says it’s ahead of rival Boeing on new-plane orders.
AOL bets on hyperlocal news with Patch.com.
BP deal with Russian oil giant Rosneft criticized on U.S. national-security grounds.
Campbell Soup targets China.
Fiat wins a crucial union vote agreeing to changes in a plant in Turin and plans product changes for Chrysler.
Hyundai ponders a second U.S. manufacturing plant despite UAW lobbying.
Johnson & Johnson looks to get its act together in drug aisle.Continue reading...
Posted by Shirley Brady on January 10, 2011 07:00 PM
American Airlines wins court order barring Sabre from hiding flight and fare information.
Barneys rumors pan out, as creative director Simon Doonan steps down to become 'ambassador.'
Campbell's soup returns to UK after two-year break.
CNN simplifies on-air look.
Facebook rolls out new profile design to all users.
Groupon raises record-breaking $950 million in venture capital.Continue reading...
Posted by Dale Buss on January 10, 2011 09:00 AM
Abbott backs effort to end childhood malnutrition.
AMC renews Mad Men for a fifth season.
Best Buy sales hurt by holiday tech slide.
BlackBerry to be censored in Indonesia.
BP back in the hot seat with oil leak in Alaska.
Clarins new global campaign not "overly retouched."Continue reading...
Posted by Shirley Brady on January 6, 2011 06:30 PM
Altria, R.J. Reynolds and Lorillard face tougher tobacco marketing rules in US.
Apple launches app store for Mac software.
Bank of America categorizes clients, adds fees.
Boeing loses major 747 order due to delays.
BP spill inquiry to report that disaster "likely" to recur; and hears that microbes may have mitigated methane damage in the Gulf.
CNN books Oprah as first guest for Piers Morgan's post-Larry King debut on Jan. 17; Madonna still banned as "boring."Continue reading...
Posted by Dale Buss on December 20, 2010 09:00 AM
AT&T invests in 4G spectrum.
Best Buy tests sales of health and fitness products.
BMW and Daimler experiment with upscale rent-by-the-ride in Europe.
CNN’s new chief dives in as Larry King goes out on top.
DirecTV pioneers "addressable" targeted TV commercials amid privacy concerns; settles fraud complaints; and rebrands three regional sports channels to ROOT Sports.
Dish Network ventures into 3D TV.Continue reading...
Posted by Shirley Brady on December 16, 2010 06:00 PM
Apple opens new Mac software store, enables peer-to-peer app sharing.
BlackBerry parent RIM beats analyst estimates.
Canada Goose challenged by knock-offs.
Chevron and BP named in latest WikiLeaks cables.
CNN bids adieu to Larry King, pads schedule until Piers Morgan debut.
Dramamine brand sold by J&J for $76 million.Continue reading...
Posted by Shirley Brady on December 14, 2010 06:00 PM
Google and Microsoft join President Obama's fight on $75 billion illegal drug e-market, as Obama meets with Bill Gates and Warren Buffett to discuss bolstering the US economy.
WikiLeaks leader Julian Assange granted bail (but Sweden vetoes) as supporters pay $360,000 for New York Times ad.
Audi and Mercedes-Benz lead automaker push to go social for 2011 Super Bowl.
Best Buy share price plunges on lowered forecast, despite brighter November for US retail sales.
Brett Favre draws criticism for trying to profit from end of winning streak.
CNBC launches subscription CNBC Pro, "for the serious investor."Continue reading...