News Roundup - August 12, 2014

By James Kang
Aug 12, 2014 / Share
Canada

Two former film executives agree to settle lawsuit over alleged kickback schemes, The National Post

Protesters interrupt work at an Enbridge pipeline site in Toronto, The National Post

Bell Canada shuts down unpaid-internship program, Toronto Star


United States

Venture Capital firm Andreessen Horowitz investing $50 million in entertainment site BuzzFeed, Reuters

Hedge fund ValueAct Capital LLC takes $1-billion stake in Twenty-First Century Fox Inc., Reuters


International

Google and Asian telecom companies agree to invest in development and operation of trans-Pacific cable network, Reuters

Australia's largest telecommunications company Telstra Ltd pays $270 million to buy out video platform company Ooyala, Reuters