Netflix CFO leaving TV streaming titan

Netflix chief financial officer David Wells on Monday announced plans to hand his job off to a successor and then focus on philanthropy.

Telefonica sales hit by end of roaming charges

Spanish telecoms giant Telefonica saw its sales plunge in the first quarter due to the end of roaming charges in Europe, but still posted a 7.4 percent rise in net profit.

TV seems impervious to Silicon Valley's advances

Google's unveiling last week of yet another device it hopes will change the way people watch TV highlights a stubborn truth: The revolution may be televised, but television itself has so far been impervious to a revolution.

Roku raises $60M from Hearst, News Corp, others

Roku, the streaming video device maker, has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined News Corp. and its subsidiary British Sky Broadcasting in ...

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