Here is the latest Market News from CNBC.
New York Times says suspected Russian hackers targeted Moscow bureau
The New York Times said on Tuesday its Moscow bureau was targeted by a cyber attack this month but that there was no evidence the hackers, believed to be Russian, were successful.
WPP ups growth forecasts after strong first half
The advertising group expects full-year revenue growth to be “well over” 3 percent, compared with a previous forecast of “over” 3 percent.
BuzzFeed is splitting its news and entertainment divisions: Report
The reorganization is designed to enhance revenue opportunities in digital videos, Vanity Fair reported Tuesday.
The box office trends behind the ‘Ben-Hur’ bomb
The remake of the blockbuster 1958 remake grossed just $11 million at the box office, falling short of the already-low $15 million projected.
TV networks expand on-demand offerings to fight ‘cord-cutting’
U.S. pay TV customers will have more chances this fall to catch up on shows in mid-season as networks increase video-on-demand offerings.
Here’s what Philippe Dauman made as Viacom CEO, and how the stock did
If CEO Dauman exits Viacom, it would cap a lucrative decade-long tenure at the company, data shows.
Viacom CEO to leave after long battle, will get a $72 million severance package
The settlement would end the battle for control over Redstone’s $40 billion empire that includes Viacom and CBS.
Faster, higher, smarter: Viewers are watching these Olympics very differently
While world records have tumbled, broadcasters have had a hard time keeping audiences glued to their screens during the Rio Games.
Pinterest launches ‘Promoted Video’ ads
Pinterest is launching “Promoted Video” in beta, which could be a game changer to grow revenue ahead of an eventual IPO.
Viacom, National Amusements resume settlement talks
Settlement talks between Viacom CEO Philippe Dauman and controlling shareholder Sumner Redstone have resumed after weeks of stops and starts.
Univision is buying Gawker Media for $135 million
The TV network and digital publisher has agreed to pay $135 million for the bankrupt blog network, Recode reports.
Digital media hopes Gawker deal will help determine valuations
The value of digital media brands is determined not just by their advertising revenue, but by their traffic.
Univision bids for Gawker, challenging Ziff Davis: Sources
Univision has offered to acquire Gawker Media, challenging a $90 million stalking horse bid from media company Ziff Davis in the auction.
Fox News names new co-presidents following Ailes departure
Fox News named Fox Television Stations CEO Jack Abernethy and Senior Executive Vice President Bill Shine to serve as co-presidents.
21st Century Fox reportedly expects settlements as more women accuse Ailes
21st Century Fox may have to reach settlements with some of the women who accused Ailes of sexual misconduct, the WSJ reports.
Cramer: Disney deal shows ‘foot race’ of new initiatives and decline in traditional TV
Jim Cramer said that Disney’s deal shows a “foot race” between new initiatives and the decline in traditional linear TV.
Disney challenges are similar to Apple and the iPhone, says expert
Shares of Disney rose on Wednesday after its investment in BamTech.
Why Disney is spending $1 billion on the MLB’s technology unit
Disney acquired stake in the technology company, allowing it to create a new standalone, cable-free ESPN service.
Zika has not impacted theme park business, Disney’s Iger says
Disney CEO Bob Iger says Zika hasn’t impacted bookings on its theme parks, which he says are doing well domestically.
Facebook gives users more control over what ads they see
Facebook says it’s overriding ad blockers and giving consumers control over what kind of ads they see.
Disney reports today. Here’s what What Wall Street is worried about
Disney is expected to have higher EPS and revenue despite concerns over box office sales and ESPN’s cable future.
Music is coming! Game of Thrones is going on tour
Live Nation and HBO are joining forces to deliver a live Game of Thrones concert experience in North America.
Why Hulu is ditching free streaming and focusing on subscriptions
Hulu is taking a final step away from its roots in free content and embracing a future that’s all about paid subscriptions.
The Olympics is a ‘positive opportunity’ for Facebook: Exec
Olympic fans are continuously posting on their social media accounts, but Facebook is getting the most out of the games.
Digital media is worried that they’re showing you too many ads
Media companies are finding increasing the number of digital media ads brings in revenue, but it’s turning off users.
Harry Potter script sells more than 2 million copies in 2 days
Not even “Hamilton” can keep up with these numbers.