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Media mogul's National Amusements is selling its 87 percent stake in the company to reduce a heavy tax burden, according to The Wall Street Journal.
The giant military contractor opened its doors today on its brand-new missile assembly and test facility. It will make SM-3s and SM-6s for the U.S. and allied militaries.
When Raytheon decided to build a new missile factory, it brought in new technologies and replaced a manual-intensive process that was prone to mistakes.
Chrysler and NASA today announced a three-year alliance to share technology information.
Legendary game maker files for Chapter 11 but says it's looking toward the future.
Viacom's Redstone says he's standing up for the principle of copyright protection, but Google is willing to go all the way to the mat in its legal fight.
Wikipedia will be offline for all of Wednesday in protest against SOPA and PIPA, anti-piracy laws being considered in the US.
Newly named to helm the troubled Internet pioneer, Levinsohn has a long history with Fox and other Big Media outlets, and most recently headed up Yahoo's global advertising business.
Mark Zuckerberg will wield near total control over Facebook's future. Some fear that once the hype dies down, the situation could lead to problems no one will be able to do anything about.