The old media is running out of time. The online editions of The Washington Post (NYSE:WPO), New York Times (NYSE:NYT), and Time, Inc (NYSE:TWX) properties do well, but not well enough to…
Reuters: The US economy is stable but risks remain according to Geithner. Reuters: JPMorgan (NYSE:JPM) raised concerns about Galleon in 2001. Reuters: As many as five million Americans have been infected with…
The music industry never saw the Apple (NASDAQ:AAPL) iPod coming. The iPod was an expensive toy when it was introduced in 2001. There was no reason to think it would do well.…
Reuters: UBS (NYSE:UBS) will put in a new US chief. Reuters: Goldman Sachs (NYSE:GS) says “dark pools” help investors. Reuters: The US is welcoming the rise of the yuan. Retuers: Nelson Peltz’s…
Updated throughout the day. Updated 1.36 PM EST: Nokia’s (NYSE:NOK) patent suit against Apple (NASDAQ:AAPL) could cost iPhone maker $1 billion (Reuters) The Bank of England may have to increase bond purchases…
First Portfolio, the business magazine launched just two years ago by publishing giant Conde Nast, folded. Then, the largest business magazine in America, BusinessWeek, was sold by its parent company, McGraw-Hill (MHP),…
Douglas A. McIntyre The founders of the large web properties of Web 1.0 are all gone now save one. Yahoo!’s (NASDAQ:YHOO) chief Yahoo!s have very little to do with the company, although one of them,…
Updated throughout the day. Updated at 1.11 PM EST: Bank of America (NYSE:BAC) will sell First Republic for $1 billion. (The Deal) Updated 1.05 PM EST: Google (NASDAQ:GOOG) may be teaming up…
One of the leading media investing firms in the US, Gabelli & Co. wants cable outfit Comcast (NASDAQ:CMCSA) to stop its pursuit of GE’s (NYSE:GE) NBCU and turn its focus on better…
Lazard Freres delivered Carl Icahn a break-up analysis of Time Warner (NYSE:TWX) in late January 2005. Icahn had bought five million shares in the media company and he wanted the board to sell…
Douglas A. McIntyre Updates throughout the day. Update: Jeff Bewkes, CEO of Time-Warner (TWX) who says “Time, Inc. is not for sale.” (Atlantic First Draft of American History Conference) Update: John Paulson and Angelo Gordon may…
Updated throughout the day. Update: RADVision (RVSN) is trading down over 33% on rumors that the Cisco (CSCO) buyout of Tandberg will cost it nearly 40% of its revenue. (Morgan Keegan) Update: Friday’s…
GE (GE) won’t sell its NBC Universal division, at least not at the price levels that are being rumored. It is unlikely that in the current economic environment that GE could get…
Updated throughout the day. Update: The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to raise prices…
Reuters: China may hold the key to a sanctions program against Iran. Reuters: The head of the AIG (AIG) unit that caused most of the firm’s losses is back in US. Reuters: The…
