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News Corp. has launched The Daily, a newspaper specifically designed for the Apple iPad and other tablet computers. The e-paper's premier edition has attracted kudos for visuals, but mixed reviews on content. The burning question: Will it attract paying readers?
News Corp. more than doubled its earnings for the fiscal second quarter, the company announced Wednesday. Part of the gain comes from a settlement charge a year earlier, which dampened year-ago earnings on a one-time basis. The company also is considering selling MySpace.
Warren Buffett says he will step down as a longtime boardmember of The Washington Post when his term ends in May. But he has no plans to sell Berkshire Hathaway's shares of the company.
News Corp. (NWS) will launch its much-anticipated digital newspaper for tablet computers on January 19. Rupert Murdoch, chairman of News Corp., and Apple (AAPL) CEO Steve Jobs will both attend the launch, Reuters reported without naming its sources. News Corp. is betting that tablet computers...
Google is considering a plan to expand its Android newsstand -- and heat rivalry with Apple's iTunes -- by charging publishers a lower price to sell news to Android users than the 30% fee that Apple typically charges to sell apps on iTunes. Will that be enough to attract more news?
Amazon.com says it will pay more for newspapers and magazines on its Kindle e-book reader. It will now pay publishers 70% of retail price, up from paying about one-third of the retail fee for The Wall Street Journal last December. Will more content help Kindle compete with the iPad?
American Media, publisher of National Enquirer, plans to file for bankruptcy protection in the next two weeks, as it seeks to convert its substantial debt to equity shares in the company.
Gannett's third-quarter profit beat the Street, but disappointing revenue plunged shares 8.8%. The company's revenue remained flat, missing analyst forecasts, as its newspaper operations declined 5%.
Newsweek magazine and news website The Daily Beast are in talks about a possible merger, according to The Wall Street Journal. The two news outlets are considering a structure whereby Tina Brown, co-founder and co-owner of The Daily Beast, would become editor of Newsweek while maintaining her...
Philadelphia Media Network thought it had a deal after winning the papers in April, but the Teamsters have balked at the last minute. That means the Philly Inquirer and Daily News will be auctioned again, and Philadelphia Media plans to try again.

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