WHY THIS MATTERS:ESPN+ will be integrated into a new ESPN App and will offer live sports from Major League Baseball, the National Hockey League, Major League Soccer, the NCAA, Top Rank Boxing, the PGA Tour and Grand Slam Tennis.
WHY THIS MATTERS:A sell-off in tech stocks drove another day of declines in the Dow Jones Industrial Average Monday, with shares of Amazon and Netflix dipping more than 5% for the day.
WHY THIS MATTERS:The low-ball, all-stock bid signals that CBS thinks it is the more powerful and valuable company -- and that difficult negotiations are ahead.