Sales in Thomson Reuters’ media operations were dented, as the group saw top-line operating profit tumble 32 percent to $378 million on four percent lower sales of $3.2 billion. July-to-September sales in the unit, part of its markets division...

In its third round of layoffs this year, Microsoft (NSDQ: MSFT) says it is cutting 800 jobs across the company today. The software giant said in January that it would eliminate up to 5,000 jobs, in response to falling sales and profits. These represe...

A combination of cost savings and an increase in the number of subscribers and monthly bill rates pushed Comcast (NSDQ: CMCSA) past analysts expectations. Profits rose 22 percent to $944 million as revenue was up 3 percent to $8.8 billion, the latter...

Yahoo (NSDQ: YHOO) is testing a “search shortcut” that places real-time results above standard search results for some select queries, the company tells us. In a statement, Yahoo describes the initiative as a “test designed to disco...

Amazon posted big increases in quarterly net income and revenue Thursday; sales were up 28 percent, while net income jumped 68 percent at the e-commerce giant. Both figures easily topped analysts’ forecasts.

The Vevo launch party has been going on for an hour and executives and stars are ready to take the stage. I spoke briefly with Google (NSDQ: GOOG) CEO Eric Schmidt, who told me that Vevo, which is a joint venture between Google’s YouTube and the major...

AOL (NYSE: TWX) found a way to get a burst of attention that isn’t about Wednesday’s spinoff from Time Warner: announce a high-profile hire. New York Times vet Saul Hansell, the founding editor of the Bits blog, has left to join AOL as programming...

The long-standing legal spat between RealNetworks (NSDQ: RNWK) and VeriSign (NSDQ: VRSN) over a mobile messaging partnership the two companies brokered back in 2001 has been resolved—and not in the way that was originally expected. According to a...

—MTV: Nick Shore is now the SVP, Strategic Insights and Research, for the network. He will oversee research efforts across MTV, MTV2, mtv.com, mtvU and MTV Tr3s on all platforms, and report to MTV GM Stephen Friedman. —Air America: Michael Bassik, the...

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