LG Electronics Inc beat market expectations by reporting its strongest quarterly profit in nearly two years, after strong sales of its high-end television sets boosted the South Korean manufacturer’s bottom line. LG,
Japanese electronics giant Panasonic on Monday booked a net profit of $1.17 billion for the year to March, its first annual profit in three years and reversing a huge loss in the
Chinese authorities have ordered video streaming websites in the country to stop showing four popular American TV shows, including “The Big Bang Theory” and “The Good Wife,” representatives from two sites said
Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties. The
Amazon says it has no plans to offer a free streaming media service, addressing speculation ahead of a media event in New York next Wednesday. Spokeswoman Sally Fouts said Thursday that Amazon
The former chief executive of defunct online music storage firm MP3tunes was ordered to pay an estimated $41 million on Wednesday after being found liable for infringing copyrights owned by record companies
Netflix shares slumped more than 7 percent on Monday after a report about a new television streaming product that Comcast and Apple were working on together. Netflix shares fell $31.49 or 7.78
Disney said Monday that it is buying YouTube channel operator Maker Studios for $500 million as the family entertainment giant seeks to stay in front of younger viewers who are increasingly watching
Devices that let you watch Netflix and other streaming video services on a big TV screen are popular, but there are limits to what you can watch. NBC, for instance, didn’t make
Japanese electronics giant Panasonic said Thursday it would give employees sent to China a wage premium to compensate for the country’s hazardous air pollution, in a possible first for an international company.
Sony said Friday it would sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to repair its bottom line. The
Haeir India has launched a new product range dubbed ‘i-age’ at an event in Goa. The Chinese company, while celebrating its 10 year anniversary in India, announced 71 new products under the