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Supreme Court rejects appeal of 'must-carry' rule

(AP) -- The Supreme Court has declined to take up a challenge from cable television operators to the 18-year-old requirement that they carry local broadcast stations on their systems.

Opera Software announces iPhone browser

(AP) -- Opera Software ASA announced Wednesday that it will unveil an iPhone version of its Opera Mini mobile phone browser at an international tech conference next week despite not having approached iPhone maker Apple about ...

Broadcasters' woes could spell trouble for free TV

(AP) -- For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer.

AOL offers buyouts to over a third of work force

(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

Time Warner to spin off AOL, ending ill-fated deal

(AP) -- Time Warner Inc. is dumping AOL after spending nearly a decade trying to build a new-age media empire only to wind up in a weaker position than when the marriage began.

Time Warner profit down, expects to spin off AOL

US media and entertainment giant Time Warner Inc. reported a 14-percent drop in quarterly net profit on Wednesday and said it expects to spin off troubled Internet unit AOL.

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