Bloomberg reports that Time Warner Cable Inc., the second-largest U.S. cable-TV provider, is thinking about acquiring an equity stake in online-video site Hulu LLC. According to people familiar with the matter, talks are at an early phase and a deal isn’t certain. Read More
Bloomberg reports that Verizon Communications Inc. is having talks with media companies that could turn out spending money on some of the data users consume watching TV shows on mobile devices such as Smartphones. CEO Daniel Mead said, “We are very actively exploring those opportunities and looking at every way to build value for our customers.” . Read More
Bloomberg reports that Microsoft Corp. has appointed Amy Hood as its first female CFO, putting a 10-year veteran in command of debt, finances and expenditures. Hood, 41, becomes CFO effective immediately, succeeding Peter Klein, Redmond, Microsoft said in a statement. . Read More
Bloomberg reports that Apple Inc. avoided approximately $9.2 billion in taxes by financing part of a $55 billion stock buyback with debt instead of offshore cash that would have been billed by the U.S. government, Moody’s Investment Services estimates. Gerald Granovsky, a senior vice president at Moody’s said that according to the current interest rates, Apple will shell out interest of about $308 million a year on the $17 billion bond offering. Read More
Bloomberg reports that Apple Inc. said it is going to return an additional $55 billion in cash to shareholders to make up for a weakening of its stock and signs of slowing growth. The move come after the projected quarterly sales missed analysts’ predictions. . Read More
Bloomberg reports that Facebook has hired Richard Williamson, the man responsible for Apple’s mapping efforts. . Read More
Bloomberg reports that Twitter Inc. is near to reaching partnerships with television networks that would allow them to display high-quality video content and advertising on the social site, according to people familiar with the matter. Read More
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