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* Online auctioneer EBay Inc. said it purchased a 25% stake in Craigslist, a popular online network of classified ads and forums.
* Intel Corp. delayed the release of a new chip designed for use in flat-panel televisions.
* Miramax Films laid off 13% of its employees, as expected, leaving the studio with a workforce of 420.
* PalmSource Inc. said Eric Benhamou tendered his resignation as chairman, effective in October.
* Huffy Corp. will restate its earnings for 2003 and the first quarter of 2004 because of accounting errors. It expects to report a first-quarter loss of as much as $72 million.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
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