Cheddar Morning Business Update: 21st Century Fox eyes selling to Disney

Posted: Updated:
NEW YORK -

21st Century Fox has reportedly been holding talks to sell most of the company to Walt Disney, according to CNBC.

Fox could potentially keep Fox News, Fox Business, and Fox Sports. Meanwhile, Disney could take over Disney's entertainment brands like Century Fox Studio, FX and National Geographic.
The deal could help Disney compete against Netflix.

Meanwhile, Snap reports its earnings after the closing bell today. Yesterday, Snapchat faced a worldwide outage for about four hours, with users taking to rival Twitter to complain they couldn't get into their Snapchat accounts.

Lastly, a glitch in Apple's newest operating system is auto-correcting the letter 'I' to 'A' with a question mark for people who are texting, emailing or writing messages on social media. Apple still hasn't issued a security fix.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."