Peter Kafka in Media on February 14, 2013 at 2:38 pm PT
Even if the Meredith deal doesn’t go through — and it should — Jeff Bewkes is out of the magazine business. Investors are partying like it’s 2007.
News Byte
Lauren Goode in News on February 21, 2012 at 5:47 am PT
Samsung, currently the biggest LCD panel maker in terms of sales, will spin off its unprofitable LCD operations on April 1 into a new firm, called Samsung Display Co. As The Wall Street Journal
notes, analysts had widely expected the spinoff, as the LCD industry shrinks and the Korean electronics giant focuses more on higher-margin OLED screens for TV sets and tablets.
Kara Swisher in News on October 2, 2011 at 8:35 am PT
As Chinese Internet exec Joe Chen of Renren snipes at a competitor there, there’s a bigger problem for that country’s Web companies.
Kara Swisher in News on May 24, 2011 at 10:05 am PT
It’s time for Yahoo’s annual meeting with its investors tomorrow. On the menu: Not-so-tasty Chinese issues, with a side of stock decline.
Peter Kafka in Media on May 13, 2010 at 3:08 pm PT
NBC is dropping “Law & Order” after 20 seasons. Here are the two things you’ll always remember about the show: Its signature sound effect and its signature actor.
Kara Swisher in News on April 19, 2010 at 11:03 am PT
While there have been reports that News Corp. is selling off its advertising unit, Fox Audience Network, the company has actually been in talks with a variety of private equity firms about spinning it off and selling only a 20 to 30 percent chunk of it.
Such a deal might not happen, of course, but the strategy behind this approach is related to a desire to create a strong consortium of advertising networks to fight the growing power of Google in the race to match display ad buyers with display ad sellers.
John Paczkowski in News on April 1, 2010 at 4:30 am PT
“Simplify, restructure and grow.” That’s the new internal mantra inside RealNetworks and the one under which the company continues to cut jobs. On Thursday, Real said it would sack another four percent of its work force, about 60 employees.
Kara Swisher in News on March 17, 2010 at 5:15 am PT
Ms. BoomTown went to Washington, D.C., this week to moderate a panel that looked at the future of the digital arena for an event marking the 25th anniversary of the .com domain.
Surprisingly, the panelists did not talk about geo-location jet packs and augmented reality for everyone.
Instead, due to their proximity to pols and government bureaucrats, they went wonkish.
Kara Swisher in News on December 10, 2009 at 8:06 am PT
AOL CEO Tim Armstrong got right into it after the Internet giant spun off from its parent company, Time Warner, today.
In what were very short remarks to the press in a conference call, Armstrong went into a very short history of AOL, which is an astonishing 25 years old this year.
AOL brought more people online at the dawn of the consumer Internet, noted Armstrong correctly. Whether the company will play such a significant role going forward is, of course, the big question.
Drake Martinet in News on November 21, 2009 at 12:30 pm PT
In tough economic times like these, even the biggest businesses get the urge to restructure, reorg and reshuffle. Kara reported on several big breakups (of the tech variety), including the separation of AOL from Time Warner. Even ICQ got into the mix.