Bangladesh plans to raise pay for garment workers and allow unions.

ABC veteran Barbara Walters announces 2014 retirement as Disney plans to live-stream ABC programming via app and cloud.

Yum! sales in China fall 29 percent in April.

ABB says CEO plans to resign.

Audi outsells BMW brand globally — again.

Bloomberg admits use of its terminals for data snooping.

CBS chief touts TV over digital engagement.

Cisco tries reinvention in tough time.

Danone sets deal to acquire Happy Family brand.Continue reading...

Since last year’s launch of Aereo, the disruptive streaming service that allows consumers to watch TV online as well as on mobile devices for a small monthly fee, there has been a lot of legal wrangling between the company and broadcasters of every stripe. 

Two of the major players in the fight have been Barry Diller, whose IAC unit backs Aereo, and Rupert Murdoch, whose U.S. broadcast network FOX has threatened to move to cable to avoid losing out on streaming fees.

CBS head Les Moonves has also said his network could go the cable route if Aereo is allowed to continue unchecked. While CBS has previously taken legal action against Aereo, the tables have now turned as the streaming site moves to block future suits from CBS and its affiliates.Continue reading...

Adobe abandons boxed software for the cloud.

Samsung keeps hammering Apple in new ad strategy for Galaxy S4.

Tim Tebow tops Forbes' new list of most influential athletes.

Acer plans to launch windows tablet in June.

Aereo asks judge to prevent new lawsuits by CBS.

Audi considers building plant in Brazil but seeks clarity from government.

Disney plans new Star Wars games through Electronic Arts.

Estee Lauder sets sights on big September fragrance launch.

Facebook made the Fortune 500 list for the first time.Continue reading...

DreamWorks acquires Awesomeness TV, a YouTube teen network.

Walmart retools e-commerce and mobile.

Facebook says 30 percent of revenue now comes from mobile ads.

Boeing moves to upgrade popular 777 passenger jet.

Bud Light launches Music First initiative.

CBS scores big from Super Bowl ad revenues.

Cablevision adds Glenn Beck's network.

Del Taco emphasizes freshness of its food in campaign.

Disney rethinks role in Bangladesh supply after building collapse and deaths.Continue reading...

Twitter Ads is now open for business to all U.S. users! More info here: bit.ly/1574r1p. Get started today: bit.ly/13r84xk

— Twitter Small Biz (@TwitterSmallBiz) April 30, 2013

All is a-twitter at the micro blogger as hacks continue to occur of high-profile accounts. In April, hackers broke into and tweeted from the accounts of CBS, NPR, and the Associated Press, posting messages that the US government was “in bed”  with terrorists, and that there had been a (fake) explosion at the White House.

“That one bogus AP tweet caused the Dow Jones Industrial Average to drop 1 percent almost immediately, highlighting just how much people trust Twitter as a breaking news resource," VentureBeat points out.

A group called the Syrian Electronic Army took credit for the hacks, but the potential for other copycats is so great, Twitter is urging companies not to share passwords in emails or over the Internet and to limit the number of people with access to the their Twitter account. The company is even advising publishers to designate one computer exclusively for tweeting. Additionally, publications are advised to use two-factor authentication on email addresses, use strong passwords and store passwords on LastPass or 1Password.Continue reading...

Roku has sold 5 million of its video and music streaming set-top boxes since launching in 2008, totaling 8 billion pieces of content streamed. That's an impressive performance for a little black box. 

As more and more reports swirl around the fact that consumers are turning away from traditional TV and cable, Roku claims that 25 percent of its customers use the device as their primary way of viewing television. 

"The milestone is significant, since it indicates that there’s a very real and growing market out there for a device that essentially just acts as a service layer for bringing web-based content to televisions, independent of what TV manufacturers themselves are doing with their own built-in Smart TV services," notes Tech Crunch.Continue reading...

BlackBerry reports surprise profit after cutting expenses.

Twitter ad revenue projected to approach $1 billion next year as report says it agreed to allow censorship in Russia.

Chevron cuts executive compensation after string of accidents.

Belgium looks to EU for copyright protection of Belgian chocolate brand.

Best Western opens luxury hotel in Haiti, the first U.S. brand to break ground there. 

CBS could make TV Guide Network an "ESPN of celebrity gossip."

Comcast scores court victory in Philadelphia.

New Dentyne Ice campaign gets its message across with icy alphabet.

EADS gets backing of makeover plan by shareholders.Continue reading...

“America's Most Watched Network” is moving aggressively to maintain its moniker.

In what's been a great week for CBS, the network just bought 50 percent ownership of TV Guide, including the eponymous cable channel and TVguide.com, for about $100 million. The cable channel reaches 80 million plus homes but its iconic website programming grid stretches even further via mobile apps, entertainment news coverage and content recommendations.

The deal adds a basic cable network to CBS’ current television portfolio which includes broadcast networks (CBS and the CW), pay cable network (Showtime), international TV channels, a TV studio syndication unit, sports network and the Smithsonian Channel.Continue reading...