Foxtel

According to The Australian, Discovery Communications Inc. (NASDAQ: DISCA) and Foxtel could see their offer to acquire Australian based Network Ten for $510 million to $664 million rejected. Network Ten is the third Australian commercial free-to-air television network. The network has been...

Citi seems to be quite impressed with Microsoft's (NASDAQ: MSFT) presentation at E3 2011. “Much of Microsoft's keynote reinforced the strength of the Xbox ecosystem validated by broader Kinect adoption and a growing library of digital content,” Citi writes. “Don Mattrick indicated at the briefing...