As Twitter Inc. prepares to go public this week, the company is selling potential investors on the idea that its user base of 232 million will continue to grow along with the 500 million tweets that are sent each day. But growing number of celebrities and musicians, including John Mayer, Miley Cyrus and others, are becoming burnt out on the social media platform.
The folks at Warner Music Nashville are showing they know how to get your attention. And this time of year, it's all about attention, with the County Music Association Awards being presented next week. This includes mailing out a nifty virtual record player to promote Blake Shelton at the CMAs and hiring a marching band to draw attention to new artist nominee Brett Eldridge.
Sony Corp. in the latest quarter posted a 19.3 billion yen ($196 million) loss, which included a $181 million operating loss for Sony Pictures. The company slashed its profit forecast for the fiscal year ending in March to 30 billion yen from 50 billion yen
Facebook's posted a 60 percent revenue increase in the third quarter thanks to mobile advertising growth. In a conference call with analysts, however, Facebook finance chief David Ebersman said the company saw a decrease among younger teenagers which sent shares from soaring as much as 18 percent to closing down 39 cents during Wednesday's regular trading hours.
Conrad Murray, the doctor convicted of killing Michael Jackson, was released from jail Monday after serving nearly two years of a four-year sentence. The former cardiologist was convicted in 2011 of causing Jackson's death in June 2009 by providing the superstar with an overdose of the powerful anesthetic propofol as a sleep aid while Jackson was preparing for a series of comeback concerts,