How Rupert Murdoch’s One Big Mistake Killed MySpace

Chris DeWolfe, the former head of MySpace, says that News Corp. insistence on profits hampered the social media website's efforts to compete with rivals. More 

Thomson Reuters Cuts 3,000 Jobs in Cost-Cutting Move

News service and business data provider Thomson Reuters says it will cut 3,000 jobs in a move to reduce costs. More 

AOL Inks Video Content Deal With ESPN

ESPN will join AOL's video programming network, selling ads that will appear at the start of video clips, sharing ad revenue with AOL. More 

Fox News Pushes Megyn Kelly as Primetime Star, Stays Strong With Advertisers

The Kelly File beat rivals in total viewers, according to early Nielsen totals, with 2.1 million viewers between 9 p.m. and 10 p.m,. Monday, More 

Vivendi Considers Splitting Into Two Companies

French conglomerate Vivendi will study plans to split its media and telecommunications units as it restructures the company. More 

Pizza Hut to Hand Out 5,500 Free Slices for NFL Kickoff

This Sunday, Pizza Hut will dispense free pizza slices in New York's Times Square to celebrate the start of the professional football season. More 

Daniel Loeb: Disney’s In, Virgin Media’s Out

What were the big moves for Daniel Loeb's Third Point LLC? New positions in DIS and KO while dropping out of VMED and CIM. More