Why Momo Is Tanking Despite Explosive Growth
Chinese social network Momo reported better-than-expected fiscal second-quarter financial results before the markets opened on Tuesday, but shares tanked.
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New LA Times Leader Takes Over a Newspaper Worth $400 Million
As media veteran Ross Levinsohn steps up as the new publisher and CEO of the Los Angeles Times, the parent company has a market cap of $440 million.
Tronc Hires Former Yahoo Exec Levinsohn as LA Times CEO and Publisher
Ross Levinsohn, an internet and media veteran who served as interim chief executive officer of Yahoo before he was passed over for Marissa Mayer, was named CEO and publisher for the Los Angeles Times…
Will TV News Save Snapchat?
TV news has found Snapchat a good way to distribute programs, especially to young people. At the same time, Snapchat has found some relevance among marketers.
6 Most Important Things in Business Today
The publisher and several top editors at the Los Angeles Times have been fired, Macy's has a new president and other top headlines.
6 Most Important Things In Business Today
According to Reuters, Texas power company Oncor has been bought by Sempra Energy (NYSE: SRE) Warren Buffett had also bid for the operation. The news service reports: Texas utility Energy Future Holdings will abandon…
Breitbart News Network by the Numbers
When President Trump's chief strategist, Steve Bannon, exited on Friday he returned to his prior post as executive chairman of Breitbart News. The company's politics are well-known, but just how good is the business?
Will People Watch NASCAR on Twitter?
NASCAR has come to Twitter, but who will watch it? The programs are available too many other places.
6 Most Important Things in Business Today
Twitter will stream NASCAR races live, the CEO of Infosys was pushed out of the company, the AT&T deal to buy Time Warner has reached a milestone, and more important headlines.
Will an Outsider Restructure Time Inc.?
The restructuring of a troubled company is often led by its chief executive officer or another very senior executive. Apparently, this will not be the case with America's largest publisher.
6 Most Important Things in Business Today
Apple reportedly will spend $1 billion to acquire outside content for its media distribution businesses, the value of home equity in the United States continues to rise, and more important headlines.
6 Most Important Things in Business Today
The IMF warns about an increasing debt problem in China, subprime car loans have become a big problem, Wells Fargo names a new chairman, and more important headlines.
6 Most Important Things in Business Today
The Commerce Department reports that more than 15 million jobs could be affected by self-driving cars, many major hedge funds have sold shares of Apple and Facebook, and more headlines.
Snap Gets 10% Dead Cat Bounce
Snap shares have been down, and by almost any measure should be. The company posted terrible earnings and several high-profile investors have exited.
Netflix Tries to Even the Score With Disney
Netflix has signed Shonda Rhimes, creator of "Grey's Anatomy" and "Scandal" for Disney's ABC network to a multiyear contract, after Disney ended its deal with Netflix for Disney- and Pixar-branded content.