What’s Important in the Financial World (2/6/2013)
ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to…
ThinkstockHackers Hit the Fed Hackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to…
ThinkstockA Tomato Truce The tomato wars between Mexico and the United States are over. The announcement was front page news, although it is hard to see why that happened. According to The…
ThinkstockThe New York Times ran a front page story that revealed its online operations have been repeatedly attacked, apparently by people and organizations in China. The real news about the attacks is…
Courtesy of The Washington Post CompanyThe Washington Post Co. (NYSE: WPO) apparently wants to follow the New York Times Co. (NYSE: NYT), The Wall Street Journal and the Financial Times into the…
With its revenue still falling and its new CEO under fire from his term as head of the BBC, speculation can begin again about whether the family trust that owns The New…
The New York Times Co. (NYSE: NYT) continues to shrink, and eventually it may have a news staff that simply is not large enough to cover all of the subjects that the paper…
Spain’s Unemployed Near 5 Million Spain’s unemployment reached a the staggering level of 4,907,817 last month, according to the government’s labor arm. That almost certainly means that the 25% unemployment the nation…
The national election boosted the traffic of all the major online news sites to extraordinary levels. They may not reach these levels again until the 2016 election. As the most recent election…
If the BBC wanted to find an executive who has had no relationship with the organization for the last several years, it found one in Tony Hall – Lord Hall of Birkenhead.…
Courtesy of The Washington Post CompanyThe flagship paper of The Washington Post Co. (NYSE: WPO) dumped its chief editor, Marcus Brauchli, formerly of The Wall Street Journal, and replaced him with the…
ThinkstockPoll your editors and writers, Mr. Sulzberger. They don’t decide who runs your company, but they are opinion leaders in the world or the press, culture, the media and business. Most of…
thinkstockTen major media companies control most of the news content in America. Each of these companies reaches millions of people. The five largest reach more than 50 million people each. Discussions about…
Courtesy of The Washington Post CompanyShares of the Washington Post Co. (NYSE: WPO) are up in early trading after the company reported that it swung to a profit on strong revenue growth…
ThinkstockThe Financial Times will freeze hiring and sharply cut travel costs. As the medium that sits at the top of the business journalism chain, it should be more immune from the economic…
thinkstockFounders of major companies are sometimes pushed out by their boards. It is quite another thing for an outsider to do the same. Netflix Inc.’s (NASDAQ: NFLX) Reed Hastings has lost much…