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.

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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

Tech, iPad 4:55pm EDT

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.

Stocks, Markets, Cyclical Consumer Goods, Industrials, Technology, Telecommuncations Services, 4:53pm EDT

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.

Cyclical Consumer Goods, 4:52pm EDT

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.

Tech, Environment, China, Japan 4:50pm EDT

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.

Tech, 4:47pm EDT

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.

Stocks, Markets, Financials, Technology, Industrials, Telecommuncations Services, 4:45pm EDT

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.

Markets, Stocks, Cyclical Consumer Goods, 4:04pm EDT

Not all of Wall Street "friending" Facebook

SAN FRANCISCO - Facebook Inc may be having trouble connecting with Wall Street.

Tech, Facebook, Money 2:48pm EDT

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.

Stocks, Regulatory News, Markets, Financials, Bonds News, Bonds, Cyclical Consumer Goods, 1:43pm EDT

MediaFile

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.

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