Media
Publishing
NOBLESVILLE, Ind.— Teacher who intervened in Indiana school shooting was shot 3 times and was undergoing surgery, brother tells newspaper.
May 15- Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd, and confirmed it has become Apple Inc's second-largest shareholder. Berkshire also shed an investment dating to the mid-1970s that reflected Buffett's longstanding love for newspapers, selling...
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SALT LAKE CITY— The Salt Lake Tribune is laying off one-third of its staff in a major staff reduction that comes two years after a wealthy Utah family purchased the newspaper. Owner and publisher Paul Huntsman told the staff last week that layoffs were coming due to declining advertising revenues and shrinking circulation. Information from: The Salt Lake...
AKRON, Ohio— The new publisher of the Akron Beacon Journal and its digital site, Ohio.com, will be the man who holds that title for eight other newspapers in GateHouse Media's Ohio group. The Beacon Journal reports its employees were introduced Monday to publisher Bill Albrecht, a veteran publisher and advertising executive. Pittsford, New York- based GateHouse...
Thomson Reuters on Friday reported slightly higher-than-expected first-quarter sales and earnings.
May 10- News Corp, the owner of Wall Street Journal and book publisher HarperCollins, reported a 5.8 percent rise in quarterly revenue on Thursday, as more people used its real estate app and website. Net loss available to stockholders widened to $1.13 billion, or $1.94 per share, in the third quarter ended Mar. 31, from $5 million, or one cent per share, a year earlier.
The iconic and controversial photograph of a naked and heavily pregnant Demi Moore that appeared on the cover of Vanity Fair magazine in 1991 was never meant to be seen in public.
May 8- Alphabet Inc's Google said on Tuesday it had updated its ad-serving platform, which is used by online publishers, allowing them to select advertising tech vendors that comply with new European data privacy laws. The new controls that Google gave publishers make it easier for them to become compliant with the European Union's General Data Protection...
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May 8- Alphabet Inc's Google has sent online publishers an update to its ad-serving platform, which allows them to select advertising tech vendors that comply with new European data privacy laws, news website Axios reported on Tuesday. The controls that Google gave publishers are meant to make it easier for them to become compliant with the European Union's...
BUFFETT SAYS' I'VE BEEN SURPRISED THAT THE RATE OF DECLINE HAS NOT MODERATED' IN NEWSPAPERS.
BUFFETT SAYS NO NEWSPAPERS OTHER THAN NEW YORK TIMES, WALL STREET JOURNAL AND PERHAPS WASHINGTON POST HAVE FIGURED OUT HOW TO GENERATE DIGITAL REVENUE TO OFFSET PRINT AD DECLINES.
*FTSE 100 up 0.9 pct. LONDON, May 4- Britain's leading stock index was lifted by strong results from British Airways owner IAG, while HSBC joined French banks in reporting weaker profit which hit its shares. A weak pound, which gives an accounting boost to companies whose earnings are in dollars, also helped Britain's FTSE 100 to close up 0.86 percent on the day.
Mark Zuckerberg "is a good, decent, human being," former Facebook director Don Graham says.
*FTSE 100 up 0.4 pct. Strong earnings from IAG and Pearson, along with rising commodities stocks, buoyed Britain's FTSE 100 up 0.4 percent, while financials were a drag as heavyweight HSBC fell 3.3 percent. British Airways owner IAG led the FTSE, up 5.1 percent and near a four-month high after reporting a 75 percent jump in quarterly profit.
Huber Research analyst Craig Huber said some of the readers who purchased discounted subscriptions last year did not renew, causing the drop in additions. Online publications are under pressure to boost ad revenue as most ad dollars are mopped up by internet behemoths Alphabet Inc's Google and Facebook Inc.. That helped the company's net income rise to $21.9...
Net income rose to $21.9 million, or 13 cents per share, in the first quarter of 2018, from $13.2 million, or 8 cents per share, a year earlier. Total revenue rose to $413.9 million from $398.8 million. Analysts on average estimated a profit of 15 cents per share on revenue of $409.1 million, according to Thomson Reuters I/B/E/S.
May 3- The New York Times Co's quarterly profit rose about 66 percent as the newspaper publisher signed up more digital subscribers. Net income rose to $21.9 million or 13 cents per share in the first quarter of 2018, from $13.2 million or 8 cents per share a year earlier. Total revenue rose to $413.9 million from $398.8 million.
SAN FRANCISCO, April 30- Google is forcing media firms that generate revenue from its advertising services to accept unreasonable responsibilities under a new European privacy law, four major publisher trade groups told the Alphabet Inc unit late Sunday in a letter seen by Reuters. Signing the five-page letter, which ends on several questions to Google, were...
SAN FRANCISCO, April 30- Google is forcing media firms that generate revenue from its advertising services to accept unreasonable responsibilities under a new European privacy law, four major publisher trade groups told the Alphabet Inc unit late Sunday in a letter seen by Reuters. Signing the five-page letter, which ends on several questions to Google, were...
FRANKFURT, April 25- Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros in its planned initial public offering, it said on Wednesday. The company, which is aiming for an inclusion in Germany's midcap index, has set a price range of 10.50- 14.50 euros a share, with new shares worth 1.2...
