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TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman. Full Story


North Korea says surveillance leaks prove U.S. is "kingpin" of rights abuse
SEOUL (Reuters) - North Korea rushed to the defense of American civil liberties on Tuesday, saying revelations of mass surveillance operations showed the United States was the "kingpin" of rights abuse. Full Story

Google settlement clears way for new Class C stock
(Reuters) - Google Inc has settled a shareholder class action lawsuit that clears the way for the company to issue a new class of nonvoting stock, giving the company a currency for acquisitions that would not dilute the founders' control. Full Story

Verizon eyeing wireless business in Canada: report
(Reuters) - Verizon Communications Inc is looking to enter Canada's cellular telephone business, potentially fulfilling the government's hopes of having a fourth major wireless company, the Globe and Mail reported on Monday. Full Story

Netflix boosts original programing with DreamWorks deal
(Reuters) - Video streaming service Netflix Inc is beefing up its original programing menu through a multi-year deal with DreamWorks Animation SKG Inc, the maker of movies such as Shrek, Madagascar and Kung Fu Panda. Full Story

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