Mobile

Hulu Said to Receive At Least 3 Final Bids

The bidding war over Hulu is nearing completion, with three groups reportedly submitting final offers for the online video site. Meanwhile, Time Warner Cable offered to buy just a stake in Hulu.

ESPN to Expand Video Partnership with Twitter

ESPN plans to post sports video highlights on Twitter in near real-time, as the sports network and micro-blogging service expand their partnership to create new opportunities for advertising revenue.

Twitter Launches Music App

The microblogging service is rolling out its standalone music application, called Twitter #music, on the web and made the app available for Apple's iOS.

Top U.S. Hedge Funds Continued to Dump Apple Amid Rally

Top U.S. hedge fund management firms, including Leon Cooperman's Omega Advisors and Philippe Laffont's Coatue Management, continued to reduce or slash stakes altogether in Apple Inc during the first quarter, as shares of the iPhone maker rallied.