News Byte

Dow Jones Names Bloomberg’s Lex Fenwick as CEO

Lex Fenwick, a 25-year Bloomberg veteran and most recently CEO of Bloomberg Ventures, will become CEO of Dow Jones (owner, among other things, of this site) on Feb. 13, replacing Les Hinton, who left the company in July.

News Corp. in Talks to Hire Bloomberg Executive

News Corp. is in serious talks to hire former Bloomberg LP chief executive Lex Fenwick to be the new chief of Wall Street Journal publisher Dow Jones & Co., according to people familiar with the matter.

Sony Unloads LCD Venture Stake on Samsung

Sony sells off its nearly 50 percent stake in its LCD manufacturing joint venture with Samsung.
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NewsCred Raises $4 Million for Its Web-Based Newswire

Expensive content on the cheap: A start-up that licenses stuff from the likes of Reuters, Bloomberg and Forbes.
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Facebook’s Zuckerberg and Sandberg Will Make Rare Joint Appearance on “Charlie Rose” Tonight

It’s a rare joint appearance for the social giant’s top two executives, and their first times on “Charlie Rose.”
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As U.S.-Listed China Internet Stocks Dive, Renren CEO Smacks Alibaba on the Way Down (And Gets Smacked Back)

As Chinese Internet exec Joe Chen of Renren snipes at a competitor there, there’s a bigger problem for that country’s Web companies.
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News Byte

Advertiser Reveals Rupert Murdoch’s Daily iPad Numbers

The Daily, Rupert Murdoch’s once-hyped iPad newspaper, has 120,000 readers a week, according to a media buyer who works with the publication. An executive at Zenith Optimedia told Bloomberg that the 120,000 figure includes both paid subscribers and free visitors. That circulation figure, Bloomberg notes, puts the paper at the same level as the Toledo, Ohio, daily Blade. News Corp. also owns this Web site.

Amazon Finally Challenges the iPad, With the $200 Kindle Fire

The stuff you care about, via Bloomberg: $200, no Wi-Fi, 30-day free trial to Amazon Prime.
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Tick, Tick, Tick, HP Board: The Time to Act Is Today

As Hewlett-Packard CEO Léo Apotheker twists painfully in the wind, it’s up to its directors to move quickly to end the latest crisis at the Silicon Valley tech giant.
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Former eBay CEO Meg Whitman Being Considered for HP CEO Job to Replace Apotheker

Would the former Internet exec star be open to running one of Silicon Valley’s most notoriously difficult companies? Sources say yes, indeedy.
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