Cary Sherman, CEO of the Recording Industry Association of America, is a sharp guy with degrees from Cornell and Harvard Law. When we've spoken in the past, Sherman has shown a keen grasp of the issues. But as head of a major trade group and lobbying association, Sherman is not above hand-waving demagoguery, a trait on full display in yesterday's strangely angry New York Times op-ed.

In it, Sherman throws down the gauntlet. Not interested in playing the "humble" card, Sherman apparently believes he's going to get better results in his quest to revive something like the Stop ...

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News Corp surpassed analyst expectations in quarterly earnings announced today, but the numbers reflected two wildly divergent trends.

On one hand, the company posted impressive growth in its TV, cable and movie businesses. These segments resulted in a $210 million year-over-year quarterly earnings increase and adjusted earnings per share of $0.39 which is better than the $0.34 analysts had predicted.

At the same time, the company announced a 43 percent decline in its publishing business and a quarterly charge of $87 million related to the UK phone hacking settlement.

On an afternoon earnings call, News Corp executives said that about ...

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Sprint became the third major U.S. carrier to sell the iPhone with the launch of the 4S in October.

Sprint desperately needed a hit, and it looks like it got one.

The struggling wireless carrier sold 1.8 million iPhones in its fourth quarter, with 40 percent of those phones going to first-time Sprint customers. In fact, the iPhone helped Sprint achieve its highest quarterly number of total net subscriber additions (1.6 million) since 2005.

Its good news notwithstanding, Sprint’s sales numbers were a drop in the hat compared to the 4.3 million iPhone activations Verizon sold in Q4, and the ...

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After several days of uncertainty, the head of Russia's Arctic and Antarctic Research Institute has confirmed that a drilling project that started over 20 years ago has finally made it through nearly four kilometers of ice to reach Lake Vostok. The lake is similar in size to one of the smaller Great Lakes of North America, but has been buried under an enormous sheet of ice for about 30 million years.

We already know strange things go on in the environments that have been trapped under ice in the Antarctic—witness the blood falls, which spill out of a glacier ...

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Path, a company hoping to build a kinder, gentler social network based on sharing within a limited number of people, has apologized for a contact-finder feature in its software that uploaded users’ entire iPhone address books to its servers and said it has deleted that personal information.

In yet another case of the tricky line between sharing, mobile data, and transparency, Arun Thampi, a developer for Anideo, discovered Tuesday that Path was uploading the contact information of his iPhone address book when he created an account. Path’s intention was to make it easier for users to find friends using that ...

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In Hollywood, $100 million will buy you about half of a Jerry Bruckheimer action movie. But YouTube (NSDQ: GOOG) is spreading that sum out to launch more than 100 new video content channels this year, with the hope that one of these inexpensive video plays will become the kind of mass-audience hit that moves ad dollars away from TV and onto the Internet. Now nearly a third of the way through, by its own estimation, with the rollout of its full array of video channels, the company on Wednesday announced a new offering themed around the popular car-enthusiast ...

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