News outlets losing ground to tech rivals: report

Mobile devices and social networks are boosting news consumption but media outlets are lagging behind technology companies in reaping the profits, according to a report published on Monday.

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.

News Corp plans US Spanish-language TV network

(AP) -- Rupert Murdoch's News Corp. is launching a Spanish-language broadcast TV network that aims to bring the flavor of the Fox network to Hispanic audiences in the U.S.

Serendipitous news reading online is gaining prominence

Traditional media, such as newspapers and television news, require readers and viewers to intentionally seek out news by picking up a newspaper or turning on the television. The Internet and new technologies now are changing ...

Facebook finetunes news feeds from friends

Facebook on Tuesday began rolling out the latest in a rapid-fire series of enhancements to the leading social network as nascent rival Google+ opened its membership to the world.

CNN buys iPad news reader Zite

US cable television network CNN announced Tuesday that it has bought Zite, a Canadian company that makes a personalized news reader for the iPad.

News Corp. board backs Murdoch after hacking scandal

Rupert Murdoch claimed boardroom backing Wednesday to remain at the helm of News Corp. as he worked to shift attention from the phone-hacking scandal to his media behemoth's healthy bottom line.

New owner is preparing Myspace for a remodel

Just a week after acquiring Myspace, Orange County, Calif., brothers Tim and Chris Vanderhook strolled through the firm's Beverly Hills headquarters and settled into a corner office with a stunning view of the Hollywood ...

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