Technology Report: IBM forms alliance with Google, Nvidia to boost chips unit

	Click to View in Browser 08/6/2013 IBM forms alliance with Google, Nvidia to boost chips unit (Reuters) - Technology services provider IBM is teaming up with Google and a handful of other tech companies to license IBM's Power chip technology, in an effort to attract more users. Loeb wants Sony to lay out specific goals for entertainment unit NEW YORK (Reuters) - Hedge fund manager Daniel Loeb expects Sony Corp to lay out a specific improvement plan and set financial targets for its entertainment business before the company's annual general meeting next May, according to a source close to the hedge fund. Fox reports higher profit and revenue on cable increases (Reuters) - Rupert Murdoch's newly separated 21st Century Fox reported higher revenue and profit because of growth at its cable operations and film studio. Disney profit up slightly on parks, media networks LOS ANGELES (Reuters) - Walt Disney Co said quarterly profits rose 1 percent from a year earlier as revenue grew at its theme parks and media networks. CBS chief slams Time Warner Cable, calls offer a 'gesture' (Reuters) - CBS Corp Chief Executive Leslie Moonves on Tuesday rejected the latest proposal by Time Warner Cable Inc to end its blackout of the network and dismissed the cable company's offer as a "public relations gesture." Sony rejects Loeb's proposal to spin off entertainment unit TOKYO (Reuters) - Japan's Sony Corp on Tuesday rejected a proposal from activist shareholder Daniel Loeb to partially spin off its entertainment business but the billionaire investor vowed to keep talking with the company and to explore other options. Nuance adjusted profit tops estimates on more contract wins (Reuters) - Nuance Communications Inc, whose software powers the Siri voice feature in Apple Inc's iPhone, reported a higher-than-expected quarterly adjusted profit as it won more contracts for its voice recognition software. Amazon's Bezos to buy the Washington Post for $250 million (Reuters) - Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family's 80 years of ownership and hands one of the country's most influential publications to the businessman whose Internet company has transformed retailing. Dish reports net loss, decline in pay-TV subscribers (Reuters) - Dish Network Corp, the second-largest U.S. satellite TV company, posted a net loss in the second quarter as it took a $438 million charge related to satellite acquisitions, and reported a decline in gross pay-TV subscribers. Dish's Ergen sees T-Mobile US as only M&A possibility NEW YORK (Reuters) - Dish Network founder and Chairman Charlie Ergen said on Tuesday that his preference would be for a network partnership in wireless and that T-Mobile US could be his only option left as an acquisition or merger target. Related Video How to grow spinach on Mars Techquity: Facebook gets a boost, Qualcomm doesn't Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend