Technology News
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KKR & Co. and Silver Lake Management LLC are vying with Yahoo! Inc. to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.
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News Corp., set to split in two this June, announced a new slate of board members for each company as well as a $500 million stock repurchasing fund for the publishing business.
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Dish Network Corp., exploring ways to expand beyond its satellite-TV service, will work with rural mobile-phone provider NTelos Holdings Corp. to develop high- speed Internet technology.
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Lenovo Group Ltd., the second-biggest personal computer maker, said the company’s cash reserves of more than $3 billion enable it to pursue an acquisition of almost any size to expand in new business areas.
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