The venture, they said, would focus on technology and media opportunities in emerging markets. Industry sources said the focus would be on digital media, with India being the big driver.
Manchester United kept up their chase for a Champions League qualification spot with Marcus Rashford and Anthony Martial on target in a 2-0 Premier League win over Crystal Palace, while Leicester secured a 2-0 home win over Sheffield United.
A round-up of Saturday's action in the Premier League.
Former American footballer O.J Simpson's Nevada criminal case will go to a parole board for his conviction in 2008 for kidnapping and armed robbery of two sports collectible dealers.
Mickey Arthur feels his reputation took a big hit when he was sacked as head coach of Australia three years ago but the Pakistan mentor says he is not on a "revenge mission" as he prepares to take on his former charges.
A summary of sports events and sports persons, who made news on Friday
The "baggy green" cap awarded to late Australian cricketing great Don Bradman on his Test debut in 1928 has been sold to a local businessman for A$450,000 (US $340,000) after it failed to sell at auction last week.
Michael Clarke opened the batting with Aaron Finch in their World Cup warm-up match against UAE.
ESPN is experimenting to see if the sport can gain traction in the United States, where professional and college football are king while cricket, with its loyal but small fan base, is viewed as being on the fringe.
AB de Villiers reveals the worst sledging he's ever witnessed
Day 1 witnessed a lot of action across events at Gold Coast. Here are some highlights -- in pictures -- from the opening day's events...
The World Photography Organisation has announced the overall winners of the prestigious Sony World Photography Awards 2022.
London sides Tottenham Hotspur and Arsenal made winning starts as did fellow Premier League club Leicester City.
The result also meant Khalid Jamil is still unbeaten in the competition and extended NorthEast's winning run to ten games.
The bid by Facebook highlights the company's efforts to accelerate its push into video as it tries to take advertising dollars from television and increase the time people spend on its platform.
Australia's Prime Minister Scott Morrison announced on Saturday that late spin legend Shane Warne will receive a state funeral, while the country's cricket board decided to rename a stand at the Melbourne Cricket Ground in the famed leg-spinner's honour as the country mourned the loss of one of its greatest sportspersons.
Vivek Ranadive, the Sacramento Kings's India-born owner, believes basketball can become India's No 2 sport.
With two confident teams going head-to-head in a blockbuster World Cup semi-final on Thursday, it could be the tiniest mis-judgement, the smallest detail that decides whether Australia or India emerge triumphant.
Manchester City's Brazilian keeper Ederson won the Golden Glove award.
Rejecting a move to Premier League rivals Arsenal was an easy decision for Leicester City striker Jamie Vardy because he has "unfinished business" with the champions.
FC Goa started off the Derrick Pereira era with a 1-1 draw
A summary of Sunday's action in the Premier League.
Six-times world champion Lewis Hamilton dominated the Styrian Grand Prix in a Mercedes one-two on Sunday to celebrate his 85th Formula One win and move a step closer to Michael Schumacher's record of 91 victories. Finnish Team mate Valtteri Bottas, winner of last weekend's season-opener behind closed doors at the same Austrian circuit, finished a distant runner-up with his championship lead cut to six points.
Clubbed in a veritable group of death for next year's World Cup, Australia believe they can spring a surprise while fellow Asian qualifiers Japan, South Korea and Iran were more cautious with their optimism despite being dealt kinder draws.
Both sides created chances in the first half but it was SCEB who converted them and deservedly headed into the break with a two-goal cushion.
Realistically, the Foxes, who beat Chelsea in the FA Cup final last Saturday, need to win and hope one of their rivals slip up.
The scoreline remained 2-2 at the end of full-time and five minutes of added time despite the best effort of both sides to find the elusive winning goal.
Bucks hold moment of silence for Wisconsin parade attack victims.
On a television chat show, the former India coach spoke of the issues he had with Indian players, launching a veiled attack on former captain Sourav Ganguly.
The first seven picks of the draft entered as college freshman and 18-year-old Frenchman Frank Ntilikina was taken by the New York Knicks with the eighth choice.
The Schumacher name will return to Formula One next season with Mick, son of Ferrari great and seven-times world champion Michael, announced on Wednesday as a race driver for the US-owned Haas team.
England striker is a 'genetic freak' like the Olympic champ, says Leicester City scientist
Holders Manchester City were eliminated from the League Cup by West Ham United after a penalty shootout at London Stadium on Wednesday, ending Pep Guardiola's team's four-year domination of the competition.
Close to 100 fires were burning across Australia's eastern state of New South Wales on Saturday of which six were characterised as 'emergency level'.
Seven-time European champions AC Milan hit back from two goals down against Celtic to claim a 4-2 victory that sent them into the Europa League knockout phase on Thursday as they were among 14 teams to progress in Europe's second-tier competition.
Images from the Tuscan F1 Grand Prix held at at Mugello, Scarperia e San Piero in Tuscany, Italy, on Sunday.
'It's happened before. Not just Virat but there's many players that have come up to IPL time and ... look, we know it's a cash rich tournament, there's some money up for grabs.'
Images from the English Premier League matches played on Wednesday night.
New Zealand Cricket have promised to support Brendon McCullum after former Test all-rounder Chris Cairns was acquitted of perjury in London despite evidence given against him by the Black Caps captain.
Lal Kamal Bhowmick netted the only goal of the match as Mohun Bagan beat Hindustan Aeronautics Sports Club.
