Chinese online games giant NetDragon unveiled net profits of $23.4 million for the three months to end September and profits of $67.4 million for the first nine months of the year.
Chinese online video market leader Youku Tudou said that it is near the end of its long march towards profitability. The company reported a net loss of $35.7 million for the third quarter.
HONG KONG - Baidu, China's leading Internet search provider, is to pay $1.9 billion for Wireless 91 Websoft, the country's leading platform for third-party mobile applications. The deal comes after…
In Washington, among many content creators, it seems Google-bashing is second only to marveling at the search giant -- namely the way it has expanded its reach via influence and lobbying.
Netflix's current stock price reflects "unrealistic expectations" for growth, a pair of Bernstein Research analysts wrote in downgrading their ratings on the company to "underperform." By 2020…
The word has gone out again in visual effects business: "There's trouble in Montreal." Quebec's new incentives are turning Montreal into a burgeoning hotspot for the global vfx biz. But the city has…
President Obama is expected to nominate HBO executive James Costos as the next U.S. ambassador to Spain, as the administration prepares to unveil a number of selections for highly sought diplomatic…
Google and Cisco Systems will pay TiVo an upfront sum of $490 million to settle the DVR company's patent litigation — much less than Wall Street anticipated — and TiVo also announced that it has…
Competition in China's online video sector is intensifying, and the prize is a stake in the world's fastest-growing platform for movie and TV content.
Annette Funicello, who first gained fame as a 12-year-old Mousekeeter on Disney's "The Mickey Mouse Club" in the 1950s and then starred opposite Frankie Avalon in a series of musical beach party…