Media
News Corp board expected to approve split
June 27 - Rupert Murdoch will oversee one of the most important board meetings of his more than 40-year career on Wednesday afternoon as News Corp directors vote on whether to divide the $60 billion media conglomerate into two separate publicly traded companies.
Google goes up against Amazon, Apple with Nexus tablet
SAN FRANCISCO - Google Inc will sell its first tablet from mid-July for $199, hoping to replicate its smartphone success in a hotly contested market now dominated by Amazon.com Inc's Kindle Fire and Apple Inc's iPad. | Video
UPDATE 3-Google goes up against Amazon, Apple with Nexus tablet
SAN FRANCISCO, June 27 - Google Inc will sell its first tablet from mid-July for $199, hoping to replicate its smartphone success in a hotly contested market now dominated by Amazon.com Inc's Kindle Fire and Apple Inc's iPad.
NBC says jury still out on London Olympic profits
LOS ANGELES, June 27 - A top NBC executive said on Wednesday it was too early to say whether the network would make money televising the Summer Olympics in London next month, but that advertising sales were currently "very strong" for the TV broadcasts.
EU, U.S., Japan seek WTO steps on China rare earths
BRUSSELS - The European Union, the United States and Japan on Wednesday requested a dispute settlement panel at the World Trade Organization (WTO) after failing to resolve a battle over China's export restrictions on rare earth minerals.
Sprint to launch high-speed service in 5 cities
- Sprint Nextel Corp Chief Executive Dan Hesse said he plans to kick off a high-speed wireless service in five U.S. cities on July 15, a move that could be crucial in its efforts to compete with bigger rivals Verizon Wireless and AT&T; Inc.
UPDATE 1-Sprint to launch high-speed service in 5 cities
June 27 - Sprint Nextel Corp Chief Executive Dan Hesse said he plans to kick off a high-speed wireless service in five U.S. cities on July 15, a move that could be crucial in its efforts to compete with bigger rivals Verizon Wireless and AT&T; Inc.
British minister committed "minor breach" of code
LONDON, June 27 - British Prime Minister David Cameron avoided embarrassment and a possible enforced government reshuffle after a report on Wednesday found his embattled Conservative Party co-chairman had not committed a major breach of ministerial rules.
Not all of Wall Street "friending" Facebook
SAN FRANCISCO - Facebook Inc may be having trouble connecting with Wall Street.
UPDATE 6-Barclays paying $453 mln to settle Libor probe
WASHINGTON/LONDON, June 27 - U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated key interbank lending rates known as Libor, ramping up pressure on other banks to cooperate in a probe that could cost the financial industry billions of dollars.
Blue Jeans Network’s chipping away at Cisco with video technology
Blue Jeans Network, a small rival of network equipment giant Cisco, is taking John Chambers by his word. Cisco CEO Chambers' mantra that video is the new voice all depends on how easy and simple it is to start a video call.