Ford picks BBDO as lead creative agency in blow to Britain’s WPP
(Reuters) – Ford (F.N) has chosen Omnicom’s (OMC.N) BBDO as its lead creative advertising agency in a symbolic blow to its partner of 75 years, WPP (WPP.L). FILE PHOTO: A…
Walmart partners with MGM to boost video-on-demand service Vudu
NEW YORK (Reuters) – Walmart Inc (WMT.N) said on Monday it would partner with U.S. movie studio Metro Goldwyn Mayer to create content for its video-on-demand service, Vudu, which the…
UK seeks additional reassurances from Comcast on independence of Sky News
LONDON (Reuters) – Britain has sought additional reassurances from cable company Comcast (CMCSA.O) over the editorial independence of the Sky News television channel following the U.S. group’s takeover of broadcaster…
Comcast outbids Fox with $40 billion offer for Sky in auction
LONDON (Reuters) – Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic…
What sector overhaul means for tech stocks, Wall Street
NEW YORK (Reuters) – The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday, reclassifying many of the hot growth companies that have been…
Trump tells Apple to make products in U.S. to avoid China tariffs
(Reuters) – U.S. President Trump tweeted on Saturday that Apple Inc (AAPL.O) should make products inside the United States if it wants to avoid tariffs on Chinese imports. FILE PHOTO:…
Activist Elliott argues Sky is worth over $34 billion, UK regulator says
LONDON (Reuters) – Activist hedge fund Elliott believes Walt Disney’s (DIS.N) deal to buy assets from Twenty-First Century Fox (FOXA.O) has valued Sky (SKYB.L) at more than $34 billion, higher…
Viacom shares gain as ‘Mission Impossible’ powers Paramount
(Reuters) – Viacom Inc’s (VIAB.O) quarterly profit beat analysts’ estimates and the media company forecast a strong current quarter, boosted by the success of its movie “Mission: Impossible – Fallout”.…
Samsung unveils gaming-friendly Galaxy Note 9 to boost sales
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) launched the Galaxy Note 9 “phablet” in New York on Thursday, promising better battery life and quick cooling to attract gamers and…
Baidu ready to beat Google if U.S. firm returns to China: CEO
BEIJING (Reuters) – Baidu Inc (BIDU.O) is prepared to win against Alphabet Inc’s (GOOGL.O) Google in China, its chief executive officer said on social media, amid rumblings the U.S. search…