Media giants invest $1 billion in former Dreamworks exec’s ‘NewTV’

Former Dreamworks executive Jeffrey Katzenberg first touted his video startup idea, NewTV, a year ago, citing ambitious plans to secure as much as $2 billion in funding to get the idea off the ground. Just over 12 months later and he's halfway there,...

Huawei says concerns over US research funding are ignorant

Last week, over two dozen Republican and Democratic members of Congress, led by Representative Jim Banks (R-IN) and Senator Marco Rubio (R-FL), sent Education Secretary Betsy DeVos a letter, urging her to investigate a university funding program put...

PlayStation is still getting away with ‘minimum funding’ charges

When game consoles stumbled into the modern era, their digital content stores were a mess. Nintendo's Wii locked its customers to an annoying point system. The Xbox 360 obfuscated the value of Microsoft Points by using an odd 0.8 conversion rate. Son...