Welcome to the Boardroom: Chelsea Clinton Joins Diller

She’s 31. She’s still a graduate student. And she’s held many different jobs in different industries over the last five years.

Sony Films Leave Netflix

Movies distributed by Sony Corp.’s Sony Pictures Entertainment were removed from Netflix Inc.’s on-demand Internet service Friday, a Netflix executive wrote in a blog post, adding that the absence was “temporary.”

Google Is No. 1 on List Of Desired Employers

One in four young professionals wants to work at Google Inc., according to a survey by Universum, a consulting firm that helps companies improve their attractiveness to prospective employees.

Hulu Plans to Shrink Its Board

Hulu LLC is planning to shrink its board, according to people familiar with the matter, shaking up the Web-video venture’s governance as it hashes out its future within the media business.

Hulu Reworks Its Script as Digital Change Hits TV

Just as the digital wave transforms the television industry, Hulu, a pioneer of Internet TV, is in internal discussions to dramatically transform itself.

Apple TV Splits Networks

Media executives gathered this week at a conference here sounded a note of caution on Apple Inc.’s 99-cent digital-rental service for TV shows amid a division in the industry on whether to participate. Apple earlier this month announced the service when it unveiled a revamp of its Apple TV device, which delivers programming over the Web.

ABC Sees Success in iPad App

ABC is the only television network so far to offer an application for watching its shows free–with ads–on Apple Inc.’s new iPad tablet computer, and it says its business model is proving fruitful. The network said that in the 10 days since the iPad’s debut, its TV-show watching app has been downloaded 205,000 times, giving the Walt Disney Co. unit a presence on nearly half the 450,000 devices that Apple says it has sold.

Media Groups Plan 3-D TV Networks

Two groups of media companies are each planning to launch new 3-D television networks in the U.S., as entertainment and electronics companies look to push 3-D technology into more homes.

Taxiing Advertising in China

Shanghai taxis transport 90 million riders per month. Passengers sit in traffic an average of 18 minutes. Shanghai-based advertising company Touchmedia says those are the ingredients that have helped it raise around $40 million from investors, including a just-completed funding round over $14.6 million in the midst of the young Chinese venture capital industry’s toughest period yet.