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Fox's O'Reilly settled claims with 5 women; tech giants eyeing Toshiba unit

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Fox's O'Reilly settled claims with 5 women; tech giants eyeing Toshiba unit

Top news

* 21st Century Fox Inc.'s FOX News Channel (US) paid about $13 million over the years to settle claims of sexual harassment and other inappropriate behavior against network host Bill O'Reilly by five women, The New York Times reported. The women who reportedly filed claims were Rachel Witlieb Bernstein, Andrea Mackris, Rebecca Gomez Diamond, Laurie Dhue and Juliet Huddy. In a statement, O'Reilly said he was targeted due to his prominence and no one had ever filed a complaint against him with human resources department in more than 20 years of his time at FOX News.

* Apple Inc., Amazon.com Inc. and Alphabet Inc. unit Google Inc. submitted bids for Toshiba Corp.'s NAND flash memory unit, Reuters reports, citing the Yomiuri Shimbun daily. Toshiba reportedly gained shareholder approval to spin off its memory chip business March 30 as part of a plan to sell the unit and raise at least $9 billion.

Technology

* Apple is working to introduce its own graphic chips and will stop using Imagination Technologies Group plc's intellectual property in its new products in 15 months to two years' time. According to a news release, Imagination Technologies said it is discussing potential alternative commercial arrangements for the current license and royalty agreement with Apple and would not allow the company to infringe on its patents.

Internet & OTT

* In more Apple news, the tech giant is mulling plans to combine Time Warner Inc.'s HBO (US), CBS Corp.'s Showtime (US) and Starz (US) in a premium TV bundle, Recode reports. While Apple already offers the networks to consumers, it has reached out to the three networks about plans of offering them in a single package.

* Hulu LLC's streaming deal with Univision Communications Inc. has expired, resulting in Hulu subscribers losing access to content including Univision (US) series and telenovelas, The Hollywood Reporter reports. A spokeswoman for Univision said the companies are engaged in talks to reach a new licensing agreement.

* Jenny Wall, senior vice president and chief marketing officer of Hulu, has decided to leave the company, Variety reports. The company has reportedly initiated the search for Wall's replacement.

* Aliza Knox stepped down as head of Twitter Inc.'s Asia-Pacific business, according to a tweet. Knox will be succeeded by company executive Maya Hari.

Advertising

* Google's Chief Business Officer Philipp Schindler said the company was working to fix the problem of ads appearing alongside offensive videos, but argued that the issue was overblown, Recode reports, citing an interview with the executive. Schindler argued that "very very very small numbers" of ads were running against videos that are not "brand-safe," adding that "many advertisers never pulled out and many have decided to come back based on the actions we've taken over the past week."

Film & TV programming

* Former Walt Disney Co. executive Dan Cohen joined Viacom Inc.'s Paramount Pictures as president of worldwide television licensing, Deadline.com reports. Cohen recently was executive vice president of pay TV and digital sales for Home Entertainment and Television Distribution for the Walt Disney Studios.

* 20th Century Fox's "The Boss Baby" pulled in $49 million to top the domestic box office for the April 2 weekend, followed by Disney's "Beauty and the Beast" at No. 2 with $47.5 million, and Paramount's "Ghost In The Shell" at the third spot with $19 million, according to comScore Inc. Lions Gate Entertainment Corp.'s "Power Rangers" was No. 4 with $14.5 million, while Warner Bros.' "Kong: Skull Island" was No. 5 with $8.8 million.

The day ahead

Early morning futures indicators pointed to a mixed opening for the U.S. market.

In Asia, the Hang Seng rose 0.62% to 24,261.48, while the Nikkei 225 increased 0.39% to 18,983.23. In Europe, around midday, the FTSE 100 was up by 0.06% at 7,327.43 and the Euronext 100 had risen 0.02% to 986.43.

On the macro front

The Purchasing Managers' manufacturing index, the Institute for Supply Management's manufacturing index and the construction spending report are due out today.

Featured news

MarketWeek: Viacom shares gain as Paramount Network reveals programming slate: A first glimpse of Viacom's slate of new shows for its rebranded Paramount Network appeared to resonate with investors during the week that ended March 31.

Considering consumer choice in a post-privacy age: The anticipated death of the FCC's privacy order raises important questions about how much control users expect over their personal data. According to some industry experts, the unvarnished answer is: not much.

Best of SNL: Media & Comm, editor's picks: Take a look at the media and communications editor's top five picks for the week ended March 31.

Best of SNL: Media & Comm, most read: S&P Global Market Intelligence presents the five most read media and communications articles for the week ended March 31.

CAPITAL Letters: Parsing fact from fiction in media, telecommunications: In an era of fake news and bizarre real headlines, it has become increasingly difficult to tell what is fantasy these days. See if you can spot fact from fiction in blogger Bishop Cheen's annual April Fools' quiz.

Conference Chatter: Tomorrow's TV experience is increasingly mobile: As the industry continues to grapple with the future role of mobile TV, panelists at TV Connect in London discussed its capacity to usurp linear TV as the main screen and its ability to woo live audiences.

The Daily Dose Europe: Google unveils latest UK tax bill; Hutchison unit, others eyeing Arqiva: Google was charged £36.4 million of corporation tax in the U.K. for 2016, while Hutchison unit Cheung Kong Infrastructure Holdings and five other investors are eyeing British towers operator Arqiva Ltd.

The Daily Dose Asia-Pacific: Apple, Amazon, Google eye Toshiba chip biz; Tencent's WeChat to enter Europe: Tech giants Amazon, Apple and Google have each submitted bids for Toshiba's NAND flash memory unit, while Tencent Holdings Ltd.'s messaging platform WeChat could make a European entry through the U.K.

Featured research

Economics of Advertising: FOX's average delivery in February lowest on record for a Super Bowl net: Thanks to the Super Bowl boost, FOX led the national broadcast networks in average household delivery in February. However, its prime-time average was the lowest on record for a broadcast network that was home to the Super Bowl going back to 2007.

Economics of TV & Film: 'Rogue One' rockets to the top of April video revenue projection charts: A few more year-end 2016 box office hits are set for home video release in April, along with the first big hit of 2017.

Economics of Advertising: Outdoor, out-of-home ad revenue up 2.5% in Q4'16, 3.1% in 2016: Outdoor and out-of-home ad revenue for OUTFRONT Media Inc., Lamar Advertising Co. and Clear Channel Outdoor Holdings Inc. averaged year-over-year growth of 2.5% for the fourth quarter of 2016 and 3.1% for the full year.

Economics of Internet: Social ad revenues soar to new highs in 2016: Social ad revenues generated by Facebook, Twitter and LinkedIn Corp. soared in 2016 although Facebook Inc. was responsible for the lion's share of the gains, generating nearly 90% of total combined revenues.

The Daily Dose is updated as of 7 a.m. ET. Some external links may require a subscription.