There has been talk for months now that Apple and News Corp. would hold a joint event in the Bay Area to announce the launch of The Daily, the iPad-only publication. Then a few wrenches were thrown into the mix.
First of all, Apple supposedly needed a little more time to get their subscription service working in a new version of iTunes. And then, of course, Apple CEO Steve Jobs announced he was… → Read More
Today, the FTC held a hearing on the crisis in the (print) news publishing industry, which gave Rupert Murdoch yet another opportunity to publicly call out Google about its supposedly thieving ways. Google’s response: Hey, we send out 4 billion clicks a month to news sites. If you don’t now what to do with all that traffic, it’s not our fault. (I’m paraphrasing).
But Google also gave a… → Read More
Old habits die hard. Rupert Murdoch believes that the future of the newspaper business is subscriptions—electronic subscriptions. He’s done with giving away his news for free on the Web and to search engines like Google. Instead thinks that Kindle-like tablet computers can save the media industry. It’s a notion that’s been floated before: an entire newsstand in a color tablet which delivers… → Read More
Whenever Rupert Murdoch goes back to his home country of Australia, he loosens up and says things to the press (usually his own outlets) that he might not say in the U.S. Of course, everyone in the U.S. picks up on it and it becomes a big story, as it did today after Murdoch told his own Sky News that he might start blocking Google and other search engines from giving searchers full access to… → Read More
The newspaper industry is making a lot of noise these days about the Web “stealing” its content and destroying its business. Invariably, the newsmen point their ink-stained fingers at blogs, which are nothing more than “parasites”, or at Google, which is supposedly aiding and abetting in the wholesale theft of the newspaper’s precious words. Rupert Murdoch, owner of the Wall Street Journal and… → Read More
Forbes released its list of the world’s billionaires and it looks like the U.S. tech billionaires took a pretty hefty hit from the economic crisis. The 40 tech billionaires we identified on the list collectively lost $81.5 billion compared to their standing in last year’s list. That is a drop in the bucket compared to the $1.4 trillion in net worth that disappeared from the entire Forbes’ list… → Read More