Apple Mulls Bid for Time Warner in Push Into Media

Financial Times: Apple has had a significant hand in pushing the media industry into the digital age. Now, the tech group is trying to find a way to get far more deeply involved in the business itself. The revelation that Eddy Cue, a senior exec at the iPhone maker, broached the idea of a possible purchase of Time Warner late last year is the most dramatic sign yet of Apple’s rising interest in media. It comes at a watershed moment for the world’s most valuable company, as Apple experiences the first revenue decline in the nine-year life of the iPhone.