Time Warner Bets Heavily on Hulu

Time Warner on Wednesday announced it has entered an agreement to buy a 10 percent stake in online-streaming service Hulu, in a bid to leverage its lineup of television and film content on multiple viewing platforms. With the new investment, Time Warner will join a joint venture that includes some of the nation’s largest media companies, including The Walt Disney Co., 21st Century Fox and Comcast. Time Warner will provide Hulu’s new live streaming service, set to launch in early 2017, with live and on-demand content.

The original article can be found here: http://www.ecommercetimes.com/story/83771.html?rss=1

Powered by WPeMatico

Foxconn Finally Wrangles Sharp Deal

Foxconn has agreed to purchase a controlling stake in Sharp — about 66 percent — for roughly $3.5 billion, the companies announced Wednesday. Foxconn has committed to restoring Sharp’s profitability and improving operations, according to the companies. “I am confident that we will unlock Sharp’s true potential,” Foxconn CEO Terry Gou said. The acquisition brings months of speculation and rumors to a close and marks a new era in a relationship that has endured years.

The original article can be found here: http://www.ecommercetimes.com/story/83311.html?rss=1

Powered by WPeMatico

Swiss National Bank grows stake in Apple by 500,000 shares in June quarter

The Swiss National Bank increased its stake in Apple during the June quarter by 500,000 shares, giving it a total of 9.4 million, a filing with the U.S. Securities and Exchange Commission revealed on Wednesday.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/48bd8de2/sc/28/l/0Lappleinsider0N0Carticles0C150C0A80C0A50Cswiss0Enational0Ebank0Egrows0Estake0Ein0Eapple0Eby0E50A0A0A0A0A0Eshares0Ein0Ejune0Equarter/story01.htm

Powered by WPeMatico

Google in talks with wearables maker Jawbone over potential investment, report says

Google is reportedly in preliminary talks to buy a stake in Jawbone, perhaps best known for its popular UP line of fitness trackers, as the Internet search giant moves further into the wearable device industry.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/43ccec48/sc/21/l/0Lappleinsider0N0Carticles0C150C0A20C250Cgoogle0Ein0Etalks0Ewith0Ewearables0Emaker0Ejawbone0Eover0Epotential0Einvestment0Ereport0Esays/story01.htm

Powered by WPeMatico

Intel to sell remaining stake in Apple partner & mobile GPU maker Imagination Technologies

The Intel Foundation will sell its 4.9 percent stake in Imagination Technologies, the company whose PowerVR graphics processors are a key component of Apple’s iPhone and iPad, it was announced on Thursday.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/43552ca1/sc/15/l/0Lappleinsider0N0Carticles0C150C0A20C120Cintel0Eto0Esell0Eremaining0Estake0Ein0Eapple0Epartner0Emobile0Egpu0Emaker0Eimagination0Etechnologies/story01.htm

Powered by WPeMatico