Rupert Murdoch’s News International, which plans to begin charging for online content, said Thursday it was to close its free London newspaper as part of cost-cutting measures. The Londonpaper, which employs 60 editorial staff, will cease publication within a month, according to a statement. “The strategy at News International over the past 18 months has been to streamline our operations and focus investment on our core titles,” James Murdoch, who heads his father’s Europe and Asia operations said
Kenneth Bacon, a former reporter and Pentagon spokesman who later served as a top advocate of displaced people all over the world, died Saturday, according to Refugees International. He was 64
Halfway through the first year of his historic administration, President Obama will give himself an early report card this weekend, assembling his Cabinet officials to review their performance and set new goals for the months ahead. All 22 Cabinet-rank officials will meet to discuss “priorities for the administration’s agenda moving forward,” a White House official said. Obama and Vice President Joe Biden will kick off the two-day assessment with a dinner for the Cabinet on Friday evening at Blair House, the building across the street from the White House that hosts many foreign dignitaries when they visit Washington.
Deutsche Bank confirmed Tuesday that it is facing a possible criminal investigation into spying allegations. According to media reports, the German banking giant is accused of spying on a small group of managers and a “critical shareholder” during a probe into possible breaches of data security
Apple CEO Steve Jobs is recovering after undergoing a liver transplant at Methodist University Hospital Transplant Institute in Memphis, Tennessee, the institute’s program director said Tuesday. “Mr
Even without Steve Jobs emceeing, this year’s Worldwide Developers Conference sold out in record time. Hopes are running high for products that the secretive corporation will unveil at the conference next week
The Pentagon is considering new tactics in Afghanistan: deploying hundreds of troops using creative and nimble counterinsurgency techniques to fight the Taliban, a U.S. military source told CNN. The change is based on a plan used in Iraq by Lt.
The inadequacy of 3G networks to carry data and video for large numbers of handsets simultaneously is hurting the performance of the Apple iPhone.
Are Web users ready to start paying for content?
When CEOs and professional investors in developed economies go to bed these days, some may pray for protection from markets in turmoil, share prices in the cellar and angry financial gods bringing fire and brimstone with every check of their Bloomberg terminal or the front pages of The Wall Street Journal. “Spend, China,” they whisper.