Britain's Blinkx flies on Google, Newscorp bid talk
(Reuters)
Reuters - Shares of British video search engine
firm Blinkx surged 50 percent to a seven-month high on Friday,
on talk that Internet giant Google and media conglomerate
NewsCorp may bid for the firm.
News Corporation’s first-quarter profits down 30% after drop in television advertising revenue
News Corporation, parent company of
The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.