matthew garrahan

Matthew Garrahan is the FT's Los Angeles Correspondent

Dr.Dre

With millions of record sales under his belt and a glittering career producing albums for stars such as Eminem and 50 Cent, Dr Dre is lauded within the music industry as a hip-hop pioneer.

The consumer electronics industry has come to hold him in similar esteem, judging by the rash of imitators of Beats by Dre, the headphones company he co-founded, showcasing their wares at this week’s Consumer Electronics Show in Las Vegas.

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Fed up with labouring in the shadow of Silicon Valley, two Hollywood studios have belatedly woken up to social media with the launch of two new ventures that take advantage of their own in-house technology.

Dreamworks Animation, the studio behind the Shrek and Kung Fu Panda films, today launches Ptch, a mobile app that lets users create 60-second movies using pictures and video shot with their smartphone – and then share them via social media platforms such as Facebook, Twitter and Google+. Read more >>

Jonathan Miller has had a busy couple of months. First, the former AOL chief executive was appointed to run digital operations at News Corp, effectively becoming Rupert Murdoch’s most trusted lieutenant when it comes to the internet.

While Mr Miller fine tunes News Corp’s online strategy and plots a new future for its MySpace social network – one that does not include recently departed chief executive Chris DeWolfe – he has also been busy with a couple of personal projects.

Chief among these is OpenX, an online ad server for web publishers. Mr Miller is the company’s non-executive chairman and recently contributed to a third round fund-raising which generated a total of $10m. Read more >>

Rupert MurdochAfter dinner and a few drinks last night, a very refreshed Rupert Murdoch stopped by for a chat outside the bar at the Sun Valley Lodge and revealed that he did not think Microsoft would succeed in buying Yahoo.

“They’re not going to do a deal,” he said. “There’s bad personal feelings…in six months [Microsoft] will walk away.” Read more >>

Yang - Yodel AnecdotalAfter missing the first two days of the Allen & Co conference in Sun Valley, Jerry Yang of Yahoo has finally arrived and is being chased by reporters wherever he goes.

Despite the pressure being applied to Yahoo by Carl Icahn and Microsoft, Mr Yang looked pretty unfazed. Read more >>

Sun Valley, IdahoIt was a fairly public setting but some of the key players in the Microsoft-Yahoo saga still managed to have a very private pow-wow in the Sun Valley Inn late on Wednesday night. Huddled in deep conversation around a table at one end of the bar were Sue Decker, Yahoo’s president, Terry Semel, the company’s former chief executive, and Sergey Brin, the co-founder of Google.

Brin’s presence was of particular note, given the search deal Yahoo agreed with Google after failing to agree a purchase by Microsoft. Read more >>

sun-valley-lodge.jpg(LA media correspondent Matt Garrahan is reporting for the rest of this week from Sun Valley, Idaho)

Powerbrokers, moguls and billionaires from the media and technology worlds have converged on this quiet mountain retreat in Idaho for the annual Allen & Co get-together. Read more >>