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Disney to buy YouTube network Maker Studios for $500 million
March 26th, 2014
The Walt Disney Co has agreed to buy Maker Studios, one of YouTube’s largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. ...
Flight 370: When facts are few, imaginations run wild
March 24th, 2014
Malaysia Airlines Flight 370, a Boeing 777 on the way from Kuala Lumpur to Beijing, simply vanished from the sky on March 8. In the two weeks since, the mystery of what happened to its 227 passengers and 12 ...
Hacker Andrew ‘Weev’ Auernheimer attempts to overturn conviction
March 19th, 2014
Lawyers say conviction under Computer Fraud and Abuse Act is flawed and raises questions for civil liberties online Lawyers for hacker Andrew “Weev” Auernheimer, who is serving a 41-month prison sentence, will appear in a US court on Wednesday ...
Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax
March 14th, 2014
The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up ...
‘Candy Crush’ Maker King Sets IPO Range at $21 to $24
March 12th, 2014
King Digital Entertainment Plc (KING), maker of the popular smartphone game “Candy Crush Saga,” will seek as much as $24 a share in its initial public offering, potentially raising about $533 million. King, whose owners include Apax Partners LLP ...
