Time Warner Cable agreed to keep CBS on air after both sides failed to agree on fees. After the two sides went on a stalemate on talks over fees, Time Warner Cable relented to the request of CBS to keep the network on air.
Institutional investors
Stripes Group invests in London-based Audio Network
The growth equity firm acquired around 27% of the international music platform's equity stake. Growth equity firm Stripes Group made a considerable minority investment in a London-based international music platform.
Teck Resources Ltd bids for Rio’s Iron Ore Co.
A source that was familiar with the discussions on the Teck-Iron Ore deal said that Teck Resources Ltd was among few bidders battling to acquire Rio Tinto Group's controlling stake in the Canada-based firm.
Samsung nears completion of Novaled purchase
Samsung was nearing the completion of its planned purchase of Novaled AG. Samsung Group was reported to be nearing the completion of an acquisition agreement with Novaled AG, a German company that made materials used to light up television screens and smartphones.
Dramatic exit of Desiree Hartsock of ‘The Bachelorette’ and more
Last episode saw the dramatic exit of Desiree Hartsock of "The Bachelorette". It seemed that the extended finale of "The Bachelorette" may be worth it.
Latest News
Grans Cru, dubbed as Helsinki's next mobile hitmaker, acquired Eur8.5 million in series A funding.
EDF and partner Exelon agreed on a future exit from the US nuclear market. EDF and partner Exelon have agreed to exit from their joint venture CENG in the near future.
Google asked the help of student filmmakers to explore Google Glass. Google enlisted the help of film students to explore how Google Glass can be used to make documentary films, character development, location-based storytelling as well as "other things" the company has not yet considered.
Video Semantics will provide rich tags for YouTube users through its tagging engine. Video Semantics, through its mediaTag tagging engine, will allow content producers to automatically insert rich metadata into their YouTube hosted videos.
Britain-based fund manager Nicola Horlick launched a campaign to raise seed funding for her new venture.
Dan Morris of Facebook will discuss mobile gaming at the Casual Connect conference. A Casual Connect conference will be held in San Francisco this week.
Facebook can make more money by offering to remove Newsfeed ads for a monthly fee, according to Greenlight.
Manu Rekhi of Inventus Capital Partners wrote that there is a shift in Indian companies and venture class returns.
Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.
