This morning, medial mogul and News Corp. overlord Rupert Murdoch was forced to retreat from a tweet he sent out last night addressing his notion of who does and does not qualify as a "real black president." That tweet, which also appeared to endorse Republican presidential candidate Ben Carson, looked like this: Ben and Candy Carson terrific. Show More Summary
The founder of the global News Corp. media empire, Rupert Murdoch, is suggesting that President Obama isn't a "real black president." Murdoch was praising Republican presidential candidate Ben Carson and his wife on Twitter on Wednesday evening when he wrote: "Ben and Candy Carson terrific. What...
WASHINGTON (AP) — The founder of the global News Corp. media empire, Rupert Murdoch, is suggesting that President Barack Obama isn't a "real black president."
Sonya McNair is leaving as SVP Communications at CBS News. Here is the internal memo sent out this afternoon by NBC News chief David Rhodes and CBS Corp. SEVP Communications Gil Schwartz: Regrettably, Sonya McNair approached us recently...Show More Summary
Over the weekend the commander of the Iranian Revolutionary Guards missile force issued what can only be interpreted as a threat. This is from the official Iranian news agency: Commander of the Islamic Revolution Guards Corps Aerospace...Show More Summary
"Resident Evil 7" will only have a multiplayer focus.
Earlier this week, tablet-based educational platform Amplify announced that it was letting go of 500 employees. On Wednesday, News Corp announced that it is selling Amplify, the company's educational tablet unit, to outside investors. Nearly 40% of the company's workforce—500 employees, to be exact—were reportedly laid off as well. Read Full Story
Online real estate transaction management solution Ressio has been acquired by Move, Inc. in a (a-hem) move that gives realtors better access to buying and selling tools. Terms of the deal were not disclosed, but Ressio’s entire team of four will be joining Move’s product development team. A spring 2013 graduate of the 500 Startups […]
After Rupert hired NYC's former chancellor and education profiteer, Joel Klein, News Corps spent a billion dollars to promote Amplify's digital education solution, which amounts to cheap laptops loaded with an endless supply digital worksheets for schoolchildren of the poor. Show More Summary
LOS ANGELES (AP) — News Corp. says it has laid off about 500 of the 900 employees at its money-losing Amplify educational unit and sold it to Amplify managers and private investors for an undisclosed amount. The move comes after theShow More Summary
Here's a short list: 1. 6 Additional F-35Bs for the US Marine Corps, bring their total for 2016 to 15. 2. 12 Additional F-18Es for the US Navy. 3. An additional MQ-4C Triton. 4. $350 million for UCLASS (navy asked for $135M). Up to $305M...Show More Summary
Because they told me several hours into a house party, I can’t remember exactly how I found out two of my best friends from Peace Corps were engaged to each other—but in my mind, now, it sounds like, “I have news. We’re getting married. And the horse at our wedding is going to be the same horse as Taylor Swift’s.” Read more...
On the Web: First Data Aims to Raise $3 Billion in IPO - Wall St. Journal - "Payment processing giant First Data Corp. is planning to raise $3 billion in an initial public offering slated to kick off this week..." On the Wires: First...Show More Summary
We've posted previously about the awful learned intermediary decision by the Arizona Court of Appeals in Watts v. Medicis Pharmaceutical Corp., 342 P.3d 847 (Ariz App. 2015). Well, that's not the last word anymore. Today the Arizona Supreme Court granted the defendant's petition for review in Watts. Show More Summary
The publishing companies saw significant activity this week, with News Corp announcing that it will acquire Unruly Holdings Limited, a video distribution platform that efficiently tracks video sharing, delivers verifiable video views and predicts the potential of videos to go viral across different formats. Show More Summary
News Corp is continuing its interest in buying in technology platforms to help it to its journalism and ad sales, following its acquisition of Storyful by buying the video marketing platform Unruly Media. What does the deal mean? Media...Show More Summary
It was only a few years ago when there were big headlines that Joel Klein, the former chancellor of New York City schools, was going to head up Amplify, the education division of Rupert Murdoch’s News Corp. with the intention of making it a leader in education technology. With a News Corp. investment of $1 […]
In a bold and surprising move, the New York Post, the notoriously sensational tabloid owned by Rupert Murdoch's News Corp., is entering the Chicago market beginning Monday.
Rupert Murdoch's News Corp snapped up video ad tech company Unruly for $90 million in cash, plus up to $86 million if the London-based startup meets performance targets, on Wednesday. Speaking to Business Insider, Unruly's co-CEO and...Show More Summary