By Ronald Grover LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service. Satellite operator DirecTV and cable operator Time Warner Cable Inc also put in bids, one of the people told Reuters. ...

Shocking as it may seem, the Recording Industry Association of America (RIAA) still isn’t happy with Google’s efforts to stamp out piracy. On its official blog this week, the RIAA once again bemoaned Google’s supposed lack of enthusiasm for removing links to alleged pirated content from its search results. In particular, the RIAA complained that online piracy is still thriving despite the fact that Google has removed 20 million links to alleged piracy sites from its search results. “Every day produces more results and there is no end in sight,” the RIAA argued. “Importantly, the targets of our notices don’t even pretend to be innovators constructing new and better ways to legally enjoy music — they have simply created business models

By Ronald Grover LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service. Satellite operator DirecTV and cable operator Time Warner Cable Inc also put in bids, one of the people told Reuters. ...

By Nate Raymond NEW YORK (Reuters) - In an unusual move before a trial, a federal judge expressed a tentative view that the U.S. Justice Department will be able to show evidence that Apple Inc engaged in a conspiracy with publishers to increase e-book prices. U.S. District Judge Denise Cote, who is set to oversee a trial on June 3, gave her view during a pretrial hearing on Thursday. ...

WASHINGTON (Reuters) - Microsoft Corp won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility. If the ITC had found that Microsoft infringed, it could have barred the Xbox from being imported into the United States. The fight over the Xbox is related to a larger smartphone patent war between Apple, Microsoft and the mobile phone makers who use Google's Android software, including Motorola Mobility. ...

Microsoft has released a second advertisement targeting Apple and its popular iPad this week. The company compares the iPad to an ASUS VivoTab RT, noting that the Windows RT device is slimmer, lighter and can perform more functions than Apple’s tablet. Microsoft highlights Windows RT’s multitasking ability, integration with Office, and convenience with features such as a built-in microSD card reader and compatibility with “nearly all printers.” This is the second advertisement released by Microsoft that targets the iPad, as an earlier video mocked the supposedly inferior voice recognition capabilities of Apple’s Siri voice assistant. Microsoft’s Windows RT commercial follows below.

WASHINGTON (Reuters) - U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in web display advertising, breaks antitrust law in how it handles some ad sales, a source told Reuters on Thursday. The source said that it was unlikely that the Federal Trade Commission had sent out civil investigative demands in relation to the probe, which would be the sign of a formal and more serious investigation. ...

By Chandni Doulatramani and Supantha Mukherjee (Reuters) - Angie's List Inc expects cashflow to turn positive this year as it spends less on acquiring new paid customers for its consumer review website, the company's co-founder said, fending off criticism of its business model by short-seller Citron Research. Chief Executive William Oesterle said Angie's List, which compiles reviews on everything from plumbers to pediatricians, said a recovery in U.S. consumer confidence might also help the company to post its maiden profit in 2014. ...

Yes, the major cable companies are losing paid television subscribers and yes, they have stunningly low customer satisfaction ratings. But as The Atlantic’s Derek Thompson ably explains, they aren’t going anywhere because they’re still making money hand over fist providing home broadband connections to tens of millions of households. Essentially, cable companies have been losing TV subscribers since the 1990s but have more than made up for this lost revenue by increasing their total number of Internet subscribers and squeezing more monthly revenue out customers “both by charging more for television and by getting households to buy more than just TV,” Thompson writes. Essentially, then, cable companies seem destined to stay part of the American landscape unless another company can

LOS ANGELES (AP) — 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.

In addition to scoring rumors about the low-cost iPhone on Thursday, Japanese blog Macotakara also published the latest news on the fifth-generation iPad, which it says will likely launch after Apple releases the iPhone 5S in September and will feature a rear microphone located directly next to the camera, similar to the design of the iPhone 5. AppleInsider notes that early prototypes of the iPad mini also had a rear microphone but that this design was apparently ditched for the final version of the product. Earlier rumors have indicated that the fifth-generation iPad will take more design cues from the iPad mini, such as having thinner side bezels.

LAS VEGAS (AP) — Two men accused of killing a high school freshman who refused to let go of his iPad were like wild animals ambushing a weak victim, a prosecutor said Thursday.

By Michelle Sierra NEW YORK (Reuters) - Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banking sources told Thomson Reuters LPC on Thursday. Jefferies & Co is leading the deal. Icahn and Southeastern are looking to lock in the financing before Dell shareholders meet in July to vote on a rival take-private offer from CEO Michael Dell and Silver Lake Partners. ...

Doesn't Ashton Kutcher know what happens to people who complain about how terrible Twitter has gotten since the good old days? They're shamed with the following adage: Twitter is what you make it, bro. Meaning, it's not Twitter's fault if you hate your feed, it's you and your bad taste in Twitter followers. And that's exactly the reaction the bygone Twitter darling is getting after blaming the media for "screwing" up Twitter. "Twitter's experience has changed for me, pretty drastically. ...

A new report suggests that Apple is preparing to begin testing its long-rumored low-cost iPhone sometime next month. According to Japanese website Macotakara, the handset will be available in a variety of colors, including Navy, Gold-Orange, White, Gray, Pink, Green, Blue and Yellow-Orange. Only 1,000 units of the low-cost iPhone will reportedly be produced for field tests in June, with consumer production slated to take place between July and September. Earlier reports claimed Apple would offer the device for as little as $99 or $149 from retailers. It has also been suggested that the cheaper iPhone would feature a shell made of polycarbonate plastic to bring the price down.

Learning a lesson from Facebook, Twitter has realized that the more it knows about us, the more valuable its ads can be, which is why it's working on a "custom audiences" tool that uses email addresses from retailers to serve more "relevant" ads for marketers, sources tell Bloomberg's  Douglas MacMillan and Jon Erlichman. In an attempt to move beyond standard promoted tweets, Twitter is trying so hard to legitimize its business model that, well, you're about to find out just how much Twitter really knows about where you shop. ...

By Poornima Gupta and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said. Chief Executive Tim Cook faced criticism from a Senate subcommittee in Washington on Tuesday over the iPad and iPhone maker's tax practices, which had been shrouded from full view behind secretive tax-exempt Irish-based corporate entities. ...

It’s no surprise that AIM and Yahoo Messenger are collapsing, with unique visitor counts declining by about 30-40% year on year, according to comScore. But it is fascinating that Skype (-12%) and Google Talk (-15%) are now losing ground now. There is no doubt that Facebook’s messaging system is one major factor in the desktop messaging decline. Yet it’s hard to avoid the notion that the rapidly multiplying messaging apps on smartphones are the biggest headache for Skype right now. Onavo’s engagement data also shows Skype stalling when smartphone usage is measured. The share of iPhone users actively engaging with the Skype app slid from 16.7% to 16.5% in five months. In contrast, the WhatsApp engagement moved up from 7.6%

While strong early sales for the Galaxy S4 and the HTC One have been making news lately, the real story for Android may be how well it does with lower-cost handsets in emerging markets. Barron’s points us to a new note from Nomura Equity Research analyst Stuart Jeffrey, who thinks that many consumers in emerging markets will start upgrading to smartphones primarily because of “the increasing affordability and improved distribution of ‘good enough’ Android phones.” But Jeffrey thinks that what’s good for Android vendors is likely bad for non-Android vendors and notes that Nokia could find the emerging market transition from feature phones to smartphones particularly challenging. “With a leading 23% feature phone market share and just 2.8% smartphone market share,

Despite racking up respectable license sales, Microsoft’s new Windows 8 operating system has done little to help struggling PC makers regain their footing. Microsoft will look to reverse the souring user sentiment later this year when it launches Windows 8.1, codenamed “Windows Blue,” which will reportedly see Microsoft’s Start button return along with an option to boot and log in directly to desktop mode. In the meantime, however, the damage has been done. According to this year’s American customer satisfaction index report, Microsoft’s customer satisfaction rating has now fallen to its lowest level since Windows Vista launched in 2007. Microsoft’s customer satisfaction rating slid to 74 out of 100 in the new ASCI report, just one point higher than it was following Vista’s launch.