Posted by Sheila Shayon on September 20, 2013 05:10 PM
Walt Mossberg and Kara Swisher, the founders and voices behind leading tech news site AllThingsD, are severing ties with owner Dow Jones after contract negotiations failed.
Profitable for 10 years, AllThingsD has established itself as a must-read for industry enthusiasts that revel in Mossberg's tech reviews and Swisher's Silicon Valley scoops. With eight million montly unique visitors and a widely-respected network of sold-out conferences, ATD has become a valuable brand for Dow Jones and the Wall Street Journal, which will lose Mossberg's 20-year running tech column in the fallout.Continue reading...
Posted by Dale Buss on June 26, 2013 09:17 AM
Carnival CEO to step down.
Barnes & Noble pulls back after losses in tablet wars.
Square takes on PayPal online.
Daimler outsources development of driver-assistance software.
Paula Deen's awkward TODAY interview furthers PR nightmare.
Dow Jones plans to eliminate some newsroom staff as it unifies newswires and Wall Street Journal.
Fiat adds seven-seat minivan to 500 range in Europe.
Ford ushers great-great grandchildren of founder into management.
Google gets boost in EU privacy case.
Heineken says it is "absolutely on top" of issue of fake beer in emerging markets.Continue reading...
Posted by Dale Buss on June 22, 2012 09:02 AM
Miami Heat and LeBron James win NBA title.
Abbott challenges ease of biotech drug copies.
Air France to cut 5,000 jobs.
Benetton takes Cannes award with "Unhate" campaign.
Best Buy tells investors its turnaround plan involves boosting training and services.
CBS plans to launch sports radio network.
Dow Jones plans to take Smart Money magazine to web only.Continue reading...
Posted by Dale Buss on February 3, 2012 09:05 AM
AMR CEO defends job cuts at American Airlines.
AOL doubles down with investment in Huffington Post streaming TV network.
Apple dealt legal setback against Motorola, expands patent fight with Samsung.
Amazon could burn through its cash.
AstraZeneca plans to cut another 7,300 jobs.
Banana Republic brings back Mad Men collection with AMC.
Chipotle holds the line on pricing.
Chrysler re-launches in U.K. with Super Bowl spot on Sky.
Coca-Cola ties effort encouraging teens to Black History Month.Continue reading...
Posted by Peter Feld on October 13, 2011 08:58 AM
Air Canada avoids strike for now; hits union with labor-board unfair practices complaint.
Apple defeats Samsung in Australian tablet patent case; prepares to offer movies over the "cloud."
Carrefour cuts its profit targets.
Citigroup's Vikram Panda ready to talk with Occupy Wall Street protesters; calls their concerns "completely understandable."
JPMorgan profits sink.Continue reading...
brands under fire
Posted by Sheila Shayon on July 15, 2011 11:30 AM
Following a week of speculation, News International CEO Rebekah Brooks stepped down today (joined later in the day by Dow Jones CEO Les Hinton) as the beleaguered Murdoch family battles to defend its media interests.
News Corp. didn't include her resignation statement in the press release announcing that Sky Italia CEO Tom Mockridge would move over within News Corp. to take over her role, although the Guardian posted her memo to employees.
“As chief executive of the company, I feel a deep sense of responsibility for the people we have hurt and I want to reiterate how sorry I am for what we now know to have taken place," Brooks told staffers.Continue reading...
Posted by Dale Buss on May 13, 2011 02:00 PM
Since News Corp. acquired Dow Jones and the crown-jewel Wall Street Journal nearly four years ago, the world has undergone a financial meltdown, the Great Recession socked media spending in the key United States market, and the entire American newspaper business has gone into meltdown mode.
And, oh yes – the rival New York Times has only begun to figure out how to monetize its own content online with its recent paywall introduction, several years after The Journal successfully blazed paywall trails.
Through all of that, the venerable Journal has kept on piling up success. It is the one notable exception to the continued black hole of circulation declines at major U.S. newspapers; the paper posted an 8% increase in circulation revenue for the first quarter, its 17th straight quarter of year-over-year growth.
Print ad and overall revenues also have been rising, adding yet other unique achievements to what the Journal has been able to accomplish while adjusting to new ownership and one of the most disruptive economic periods in the publication’s long history.Continue reading...
Posted by Shirley Brady on March 21, 2011 06:30 PM
Dow closes above 12,000 for first time since Japan quake on momentum from big deals, easing nuclear worries as Japan reports progress (though contamination fears linger) and the nation starts to rebuild its infrastructure.
With shares of AT&T and Deutsche Telekom trading up, Verizon and Sprint attract speculation in wake of AT&T/T-Mobile deal.
Facebook is getting serious about payments.
Microsoft is suing Barnes & Noble over the Android OS in its Nook e-book reader.
NFL and players' legal jousting continued today.
Former Minnesota governor Tim Pawlenty eyes the 2012 Republican presidential candidacy.Continue reading...