News Corp. OKs poison pill, buyback before split

News Corp. said its board of directors has approved plans to split its entertainment and publishing businesses into two separate companies. The company also adopted a shareholder-rights plan designed to prevent a hostile takeover in the volatile trading period after the split is complete.

By The Numbers: Netflix subscribers

In the first three months of the year, Netflix gained 2 million U.S. Internet subscribers, thanks in part to the success of the political drama "House of Cards," which debuted in February. Netflix is expected to get another boost this weekend with the revival of "Arrested Development." Here's a breakdown of Netflix Inc.'s subscribers as of March 31 and details on its forecast:

A look at Netflix since stock plunged from peak

Here's a look at Netflix since its stock peaked in July 2011 at nearly $305. Netflix had just announced an unpopular price increase in the U.S., and investors got worried by the intensity of the customer backlash. Even after subscriber complaints subsided, investors remained concerned about intensifying competition at the same time the company is spending more to acquire Internet content and expand abroad. Despite those concerns, Netflix has been staging a comeback. Another boost is expected from Sunday's revival of the "Arrested Development" TV series.

Schumer urges look at security in Sprint deal

Sen. Charles Schumer urged regulators to "use extreme caution" when reviewing the proposed acquisition of No. 3 cell carrier Sprint Nextel by Japan's Softbank, saying the Japanese company's use of Chinese networking equipment could open up U.S. networks to snooping and hacking.

Review: Google music plan solid, serendipitous

Google's new music service offers a lot of eye candy to go with the tunes. The song selection of around 18 million tracks is comparable to popular services such as Spotify and Rhapsody, and a myriad of playlists curated along different genres provides a big playground for music lovers.

Pandora posts in-line 1Q loss, upbeat sales

Internet radio company Pandora Media Inc. reported higher-than-expected revenue in the latest quarter, with losses in line with analysts' forecasts, as the number of subscribers who pay for ad-free listening more than doubled to exceed 2.5 million.

Jennifer Lopez to open cellphone stores

"Jenny from the Block" wants the block to buy Verizon phones from her. Singer and actress Jennifer Lopez on Wednesday announced she's opening a chain of 15 cellphone stores and a website under the Viva Movil brand. The aim is to sell Verizon phones and services to Latinos.

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