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TV-for-phone start-up raises $1bn, Hollywood backing

Former Walt Disney Studios chairman Jeffrey Katzenberg has raised $1 billion in initial funding for his NewTV start-up seeking to tailor television to smartphone lifestyles, pulling in Hollywood's biggest studios.

Federal Sony data breach lawsuit settled, lawyer says

Former Sony Pictures Entertainment employees whose personal information was posted online last year after a massive data breach have reached a settlement in a proposed class action lawsuit, their attorneys said Wednesday.

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