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Video game, accessory sales in U.S. jump 47 per cent in April to $1.23 billion
NEW YORK - Americans spent US$1.23 billion on video games, hardware and accessories in April, up 47 per cent from a year earlier, even as the price of more essential items like food and gasoline soared.
Nintendo Co. again took the crown in hardware sales, with its Wii console selling more ... at 20:33 on May 15, 2008, EDT.
CBS in US$1.8B deal for online news, info website CNet Networks
NEW YORK - CBS Corp. is acquiring a big online reach with its acquisition of CNet Networks Inc. but also a company that's faced heavy criticism from investors. Those concerns as well as the hefty US$1.8 billion price tag helped send CBS's shares down after the deal was announced Thursday.
... at 21:03 on May 15, 2008, EDT.
CRTC to launch wide-ranging consultations on new media environment
OTTAWA - The CRTC has launched a major review of the impact that the Internet is having on Canadian broadcasting and whether it should try to govern content on new digital media.
The federal regulator is in the midst of its most comprehensive review of national television policy in 15 year... at 18:13 on May 15, 2008, EDT.
Icahn to Yahoo board: Sell to Microsoft or leave
SAN FRANCISCO - Yahoo Inc. chief executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of US$47.5 billion, or risk being fired in a shareholder mutiny led by activist inve... at 20:35 on May 15, 2008, EDT.
Investor Carl Icahn to Yahoo board: Sell to Microsoft or leave
SAN FRANCISCO - Yahoo Inc. chief executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of US$47.5 billion, or risk being fired in a shareholder mutiny led by activist inve... at 18:12 on May 15, 2008, EDT.
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