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CBS in $1.8B deal for online news, info site CNet
Read the full article: http://biz.yahoo.com/ap/080515/cbs_cnet.html
CBS is buying CNet Networks, an online news and information provider, for $1.8 billion in cash in its latest bid to expand its reach on the Internet.
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Time Warner to separate AOL access
Read the full article: http://online.wsj.com/article/SB120229791411547609.html
Time Warner's fourth-quarter net income slid 41% as gains last year hurt comparisons. Time Warner largely met expectations for the quarter, driven by popular movies like the most recent "Harry Potter" edition and "I Am Legend."
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