News bites: Viacom and DirecTV reach agreement to end blackout

Viacom and DirecTV have agreed on a new contract that will restore Viacom's channels to the satellite TV provider's subscribers, Reuters says. 

Yahoo is offering its new CEO, Marissa Mayer, a hefty pay package that could total $129 million over five years if she succeeds in turning the company around, The New York Times reports. 

Google posted strong second-quarter financial results, but kept quiet about plans for its newly acquired handset maker Motorola Mobility, according to The Wall Street Journal

A judge is expected to consider venture firm Kleiner, Perkins, Caufield & Byers's request to move the sexual harassment suit against it from court to arbitration on Friday, the AP reports.

The latest iPad made a quiet debut in China on Friday, according to Reuters.