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Third Point ups Sony stake, calls for independent entertainment board

TOKYO - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman.

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Google settlement clears way for new Class C stock

- Google Inc has settled a shareholder class action lawsuit that clears the way for the company to issue a new class of nonvoting stock, giving the company a currency for acquisitions that would not dilute the founders' control.

Media 17 Jun 2013

Verizon eyeing wireless business in Canada: report

- Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday.

17 Jun 2013

Netflix boosts original programing with DreamWorks deal

- Video streaming service Netflix Inc is beefing up its original programing menu through a multi-year deal with DreamWorks Animation SKG Inc, the maker of movies such as Shrek, Madagascar and Kung Fu Panda. | Video

Analysis: European cloud computing firms see silver lining in PRISM scandal

PARIS/LONDON - France has its "Sovereign Cloud" project while across the Rhine data firms have created the label "Cloud Services: Made in Germany", all trying to reassure big companies that their information is stored away from the prying eyes of U.S. spies.

Media, Ireland 17 Jun 2013

New apps aim to make buying a used car more transparent

- Americans looking to buy a used car can turn to two new smartphone apps that provide wholesale prices, which the app makers say can help them negotiate a better deal.

Media 17 Jun 2013

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