News Corp.'s decision to make its TV shows available for 99-cent rental to Apple TV users is just the latest chapter in an increasingly cozy relationship between Rupert Murdoch and Steve Jobs.
At a much-anticipated event Wednesday, Apple announced an overhaul of its Apple TV service and equipment. The size of a hockey puck, the new Apple TV box is designed to allow users to stream TV shows and movies with greater ease and at a lower price. Steve Jobs also discussed new features for Apple's iPods, and a new social network connected to iTunes. (Video from Sam Gustin.)
Mark Papermaster, Apple's senior executive for iPhone hardware, has left the company, leaving behind a firestorm of controversy surrounding the iPhone 4 and its antenna problems, and the resultant complaints about reception.
Toy Story 3, made by Pixar, the digital animation company Steve Jobs co-founded and later sold to Walt Disney, is off to a blazing start at the box office, pulling in $41 million in its first day on Friday and a likely $100 million-plus for the weekend.