Viacom has named Robert Bakish as acting president and chief executive to succeed interim CEO Tom Dooley, who is leaving the media conglomerate.
In the ongoing conflict between science and creationism, evolution is usually a main point of contention. The idea that all life on Earth evolved from a common ancestor is a major problem for creationists. As a geologist, ...
European cell phone operator Telefonica SA said Tuesday it has reached an agreement to sell its British business, O2, to Hong Kong conglomerate Hutchison Whampoa Ltd. for 10.25 billion pounds ($15.24 billion).
The head of China's leading Internet conglomerate wants to bring American movies to China, along with other U.S. products.
The media conglomerate controlled by Rupert Murdoch is joining the fray in Google's protracted European antitrust case, saying the technology company unfairly distorts competition.
Spain's telecommunications company Telefonica says it has made a 6.7 billion-euro ($9 billion) offer to buy Brazilian operator Global Village Telecom, or GVT, from French media conglomerate Vivendi.
Toshiba said Wednesday it had fired a renegade manager for falsely inflating profits at a medical subsidiary, and that the unit's chief executive would quit.
A U.S. court has delayed the $8.2 billion sale of Vivendi's stake in Activision Blizzard Inc. back to the video game maker and an investor group led by CEO Bobby Kotick and co-chairman Brian Kelly.
The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.
Japan's Toshiba on Wednesday reported $54 million in net profit for the April-June quarter, reversing a quarterly loss a year earlier, thanks to a weak yen and brisk sales of electronic devices.