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Quote of the day by ex-US President, Abraham Lincoln: ‘Marriage is neither heaven nor hell; it is simply purgatory’Quote of the day: Abraham Lincoln famously described marriage as "purgatory," a state of negotiation and compromise rather than heaven or h...- US judge says Google must face some advertisers' antitrust claims, dismisses othersGoogle must face a proposed class action lawsuit alleging it monopolizes the ad exchange market. The U.S. Justice Department sued Google fo...
- Inside the US news industry's negotiations with OpenAIThe veil of secrecy surrounding these negotiations was lifted this week as The New York Times filed a lawsuit against OpenAI and Microsoft,...
- Why stop with a Taylor Swift reporter?Indian journalism could do well to hire a serious, dedicated journo covering immensely popular individuals as well. A 'Shah Rukh Khan write...
- Google training Bard with scraped web data? Here’s everything you may want to knowGoogle has acknowledged training its AI systems using publicly available web data, prompting concerns over privacy, copyright infringement ...
- Largest US newspaper chain Gannett sues Google, alleges online ad monopolyGannett said Google's ad monopoly forces publishers to sell more ad space to them at depressed prices, resulting in "dramatically less reve...
- Gannett tiptoes into generative AI, giving humans the last wordPublisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organiz...
- Media tech startup Amagi raises $109 million in funding, valued at $1.4 billionThe company raised $80 million in primary capital from global investment firm General Atlantic, with the rest being secondary investment.
- As pandemic shutdowns scrapped ad spending, what's next for newspapers?The fact that it was also a banner year for digital subscriptions didn't help much, since those tend to bring in much less revenue.
- Warren Buffett says goodbye to his struggling newspaper businessNow, it’ll be up to Lee to turn the business around.
- Major US media outlet outsourcing IT jobs to India: ReportChicago-based Tribune Publishing Company said it has informed its IT employees last month that it is moving work to India-based IT company ...
- Obama rejects Nikki Haley's call to scrap health care lawIndian-American Governor-elect of South Carolina met Barack Obama on Friday and asked him to scrap the health care bill, but the US Preside...
- Another major US newspaper files for bankruptcyMajor newspapers have taken emergency measures including filing for bankruptcy, announcing job cuts and effecting pay cut to stay afloat.
- Job website logs out more than 300 employeesA leading job portal, whose shareholders include media companies Tribune and Gannett Co Inc as well as software major Microsoft, has logged...
- US newspapers, magazines to slash thousands of jobsGannett Company Inc, the largest US newspaper chain, has announced that it will lay off about 10 percent of its workforce by early December.
- Fed to buy commercial paper to ease crunchThe Federal Reserve will create a special fund to purchase US commercial paper after the credit crunch threatened to cut off a key source o...
- Gannett, Lee may buy Dow local mediaGannett Co, Lee Enterprises and Gatehouse Media may be the most likely buyers for the 22 local newspapers News Corp chairman Rupert Murdoch...
- Bancroft family ready to talk biz with MurdochDow Jones shares surged above News Corp’s $60 offer price on optimism Rupert Murdoch may raise his takeover bid to persuade the Bancroft fa...
- Dow Jones not to act on Murdoch bidA representative of the Bancroft family informed the Board that it would vote against the proposal.
- Murdoch bids $5 bn for Dow JonesDow Jones confirmed the bid and said the Bancroft family, who owns controlling votes, is evaluating the bid.
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