Cisco to buy video tech company NDS for about $4B

(AP) -- Cisco Systems Inc. is buying digital video technology company NDS Group Ltd. for about $4 billion to enhance its video offerings to pay-TV providers and expand in emerging markets.

Time Warner picks Digitas CEO to run magazines

Time Warner on Wednesday named Laura Lang, chief executive of digital marketing agency Digitas, to run its extensive stable of magazines, which includes Time, People and Sports Illustrated.

Yahoo, ABC joining forces in news partnership

(AP) -- ABC News is joining forces with Yahoo Inc. to deliver more digital news content to their audiences. With the deal, ABC News content will be prominently featured on the Yahoo News and Yahoo front page.

Sony's 'Smurfs,' 'Friends' to be UltraViolet-ready

(AP) -- Sony Corp.'s movie studio said Tuesday that "The Smurfs" and "Friends With Benefits" will be the first movies it releases on home video that will be compatible with the UltraViolet view-anywhere system.

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