Microsoft Corp. gauged Facebook's interest in a possible acquisition after the software giant's failed takeover attempt of Yahoo, the Wall Street Journal reported on Wednesday.
Soaring sales of Nintendo's Wii game machine have made former Nintendo chairman Hiroshi Yamauchi Japan's richest man, worth $7.8 billion, Forbes magazine said in its annual rankings.
Gallic telecommunications giant France Telecom continued its stable growth in profits with a 3.7% jump in first quarter revenue to 13 billion euros ($20.12 billion), the group said Wednesday.
Leading European TV network RTL Group left its main competitor, ProSiebenSat.1, in the dust in the first quarter, boosting revenue by 2% to 1.34 billion euros ($2.08 billion) and upping operating profits (EBITDA) to 188 million euros ($291 million), a
Movies and games on cell phones will get a boost through the creation of a new WiMax network to be built by a communications company born Wednesday by combining the broadband businesses of Sprint Nextel and Clearwire.
Software developer Autodesk completed the acquisitions of France-based Realviz S.A. and Kynogon S.A. It declined to disclose the terms of the transactions.
Last month, TorrentSpy bit the dust, shuttering its peer-to-peer file-sharing site, and now a federal judge has ordered the company to pay the MPAA $110 million for infringement of thousands of copyrighted film and TV shows.
Cable TV system operator Mediacom Communications reported a narrower than expected quarterly loss, helped by an increase in revenue from video and high-speed data.
Sinclair Broadcast Group said Wednesday that it swung to a first-quarter profit, helped by a smaller debt extinguishment loss. Sinclair reported earnings of $16.4 million, compared with a loss of $2.4 million a year ago.
