Jennifer's Feed
Sep 16, 2014

To U.S. consumers, China’s Alibaba is a non-entity – poll

NEW YORK (Reuters) – The vast majority of Americans have never heard of Alibaba, the Chinese e-commerce company which is on the verge of potentially the world’s largest initial public offering.

An Ipsos poll conducted for Thomson Reuters found that 88 percent were not aware of Alibaba Group Holding [IPO-BABA.N], which on Monday raised the price range of its initial public offering. The IPO, expected later this week, could overtake the current record, Agricultural Bank of China Ltd’s $22.1 billion listing in 2010.

Sep 16, 2014

To U.S. consumers, China’s Alibaba is a non-entity

NEW YORK, Sept 16 (Reuters) – The vast majority of Americans
have never heard of Alibaba, the Chinese e-commerce company
which is on the verge of potentially the world’s largest
initial public offering.

An Ipsos poll conducted for Thomson Reuters found that 88
percent were not aware of Alibaba Group Holding,
which on Monday raised the price range of its initial public
offering. The IPO, expected later this week, could overtake the
current record, Agricultural Bank of China Ltd’s $22.1 billion
listing in 2010.

Sep 10, 2014

In search of the missing ‘i’ in Apple’s Watch

SAN FRANCISCO/NEW YORK, Sept 10 (Reuters) – Apple Inc’s
Tuesday launch was a marketing extravaganza stuffed
full of gadgets, corporate hyperbole and celebrities of every
stripe. One thing was missing: the “i” in front of the Watch.

Apple’s prefix has anchored the brand names of generations
of products, from its phone to the iPad. But in announcing “the
next chapter of Apple’s story” on Tuesday, Chief Executive
Officer Tim Cook chose to call an apple an apple.

Aug 22, 2014

Execution of U.S. journalist reveals the changing business of war coverage

NEW YORK (Reuters) – A chilling video showing the execution of journalist James Foley by Islamist militants marks the second time an American reporter has been beheaded by captors overseas, echoing the murder of Wall Street Journal correspondent Daniel Pearl in Pakistan in 2002.

While Pearl worked for one of the largest news organizations in the world, Foley was on assignment for GlobalPost, an online news startup with about 28 full-time staffers that is trying to survive as a small, independent outlet.

Aug 7, 2014

Time Warner to go it alone as Fox exits stage

By Jennifer Saba and Aurindom Mukherjee

(Reuters) – Time Warner Inc (TWX.N: Quote, Profile, Research, Stock Buzz) will not have to worry about any overtures from Twenty-First Century Fox (FOXA.O: Quote, Profile, Research, Stock Buzz) for the foreseeable future.

“As you know, yesterday, we walked away. This is our resolute decision,” Fox Chairman and Chief Executive Officer Rupert Murdoch said in a rare appearance on the company’s conference call late Wednesday.

Aug 6, 2014

Pandora strikes first partnership with independent artists

Aug 6 (Reuters) – Pandora Media Inc has partnered with
a global rights agency representing thousands of independent
artists and bands, such as Arcade Fire, Wilco and Lenny Kravitz,
the online streaming music service said on Wednesday.

The partnership with Merlin is the first for Pandora,
meaning it will now have a direct relationship with more than
20,000 independent record labels and distributors that represent
about 10 percent of the worldwide music market.

Aug 6, 2014

Viacom revenue misses estimates on fewer movie releases

Aug 6 (Reuters) – Viacom Inc, the owner of cable
networks MTV and Comedy Central and movie studio Paramount
Pictures, on Wednesday posted lower-than-expected second-quarter
revenue as it released fewer movies.

The release in late June of the latest “Transformers” movie,
which has since reached blockbuster status, came too late in the
quarter to save Viacom’s filmed entertainment unit from a
decline in revenue; the unit’s revenue fell 26 percent.

Aug 6, 2014

Time Warner CEO questions megadeals after Fox pulls out

By Jennifer Saba

(Reuters) – Time Warner Inc Chief Executive Jeff Bewkes opened his remarks during the company’s second quarter earnings call on Wednesday vowing he would not discuss Twenty-First Century Fox’s stunning turnabout to pull its offer to buy Time Warner.

But Bewkes responded when one analyst sidestepped the request and asked broadly about merger and acquisition opportunities and if there is any pressure to grow the company.

Aug 6, 2014

Pandora strikes first partnership with digital rights agency

Aug 6 (Reuters) – Pandora Media Inc has partnered with
a global rights agency representing thousands of independent
artists and bands, such as Arcade Fire, Wilco and Lenny Kravitz,
the online streaming music service said on Wednesday.

The partnership with London-based Merlin is the first for
Pandora, meaning it will now have a direct relationship with
more than 20,000 independent record labels and distributors that
represent about 10 percent of the worldwide music market.

Aug 5, 2014

Rupert Murdoch’s Fox abandons Time Warner takeover bid

By Jennifer Saba and Soyoung Kim

(Reuters) – Rupert Murdoch’s Twenty-First Century Fox (FOXA.O: Quote, Profile, Research, Stock Buzz) decided to pull its $80 billion offer to buy Time Warner Inc (TWX.N: Quote, Profile, Research, Stock Buzz) on Tuesday, abandoning plans to create one of the world’s largest media conglomerates.

The surprise announcement appeared to cut short what many investors had viewed as an inevitable battle of attrition over a deal that would have joined two of Hollywood’s biggest studios and TV networks from TNT to Fox News.