BET

Place Your Bets: Will Loeb Drop Another Bomb on Yahoo at Vegas Confab Later Today?

Kara Swisher in News on May 9 at 6:00 am PT

There are pretty good odds, but it’s a gamble for the activist investor to find a way to top his last act.

Shocking Bieber Upset: Oil Spill Tops Twitter's 2010 Trends

Liz Gannes in Social on December 13, 2010 at 12:00 am PT

Although World Cup tweeting caused record high volume and infrastructure demands on Twitter, the most-discussed topic on Twitter this year was actually the Gulf oil spill, said the San Francisco-based company tonight.

Viacom Lays Off 850, Takes $450 Million Charge

Peter Kafka in Media on December 4, 2008 at 5:47 am PT

Viacom’s long-rumored cuts are here. The cable network is firing 850 people–seven percent of its workforce–and will take a charge of up to $450 million. It says the cuts will save it up to $250 million next year. The cuts will go into effect this month and will be spread throughout the company. Click through for the official release, as well as internal memos from CEO Philippe Dauman and MTV Networks CEO Judy McGrath.