Summary: Arthur Sulzberger Jr., chairman of The New York Times Company, stresses during these turbulent times for journalism that The Times is not for sale. Sulzberger told a gathering on The Times this week...
Money has no meaning. What is money? Put money in a bowl and drizzle with milk and granola for a tasty healthy treat: the New York Times says Candy Crush's parent company will seek a $7.6 billion IPO. Read more...
By Edward Schneider: Sequans Communications (SQNS) is a stock that I wrote about in the past which is starting to realize its potential. I spent time with the company in New York at the Needham Growth conference in January and at the Mobile World Congress in Barcelona in February, and am increasingly comfortable with the Sequans investment thesis. Show More Summary
After the stock price for Michael Kors Holdings shot up last month, the designer who started the eponymous fashion company officially became a billionaire. But Kors who was preparing for New York Fashion Week at the time, did not let that go to his head. Show More Summary
The hedge fund manager William Ackman took a $1 billion short position in the nutritional supplement company Herbalife and then actively lobbied in Washington, state capitols and city halls to make it come true. The New York Times reports, "Corporate money is forever finding new ways to influence government. Show More Summary
The New York Times' Michael Schmidt, Eric Lipton and Alexandra Stevenson have a big front page story on Bill Ackman and his $1 billion bet against Herbalife. In late 2012, Ackman publicly revealed that Pershing Square had put on a $1...Show More Summary
Ah, so now we now why we were getting all those tips about signage removal at Draftfcb’s New York office. At the time, folks in the know, somewhat vaguely, told us that the company was “renovating.” Now we know it was a larger purpose as Draftfcb is no more and will now go under the old-school name of Foote, Cone & Belding, or simply, FCB. Show More Summary
Fannie Mae's and Freddie Mac's shareholders want their money back, said Gretchen Morgenson at The New York Times. Few investors would "buy stock in a company that barred you from sharing in its future earnings." After all, "participating...Show More Summary
The shuffling at Time Inc. continues. The New York Post reports that Leslie Picard — president of Time Inc. Branded Solutions — is the latest to leave the company. Picard had been with Time Inc. since 2008. Picard is rumored to be leaving because new hires by Time Inc. Show More Summary
On the Web: Lisa Falzone of Revel Systems on the Thrill of Entrepreneurship - New York Times - "It took me a good three years of trying things — marketing, sales, big companies, small companies, finance. I looked into starting a dozen...Show More Summary
Disney has made 700 employees of its internet and games division redundant today, the house of mouse told the New York Times. This accounts for roughly 26 per cent of the company's global games staff. According to the New York TimesShow More Summary
Disney Interactive will lay off nearly 700 people, according to The New York Times. That’s 26% of the video game and Internet division. James A. Pitaro, Disney Interactive president, says the major cuts come as the company searches for new ways to make the Interactive segment profitable. Show More Summary
The New York Times reports: With all his talk of better data compression and more efficient phone chips, Mark Zuckerberg, Facebook’s chief executive, has had a bit of trouble getting people excited about Internet.org, his ambitious plan to get everyone in the world onto the Internet. Show More Summary
French startup Mention launched an iPad app to monitor your online reputation from your tablet. At the same time, the company hired its first full time employee in New York — it will expand to the U.S. in the coming months. It also purchased the mention.com domain name and moved its product to the new domain name. Show More Summary
Gannett, News Corp., and The New York Times are going digital to remain profitable, but how will they generate cash?
Thomas Middelhoff, the former head of German media giant Bertelsmann, is stepping down from his spot on The New York Times Company’s board. Middelhoff has been on the Times’ board since 2003. “Thomas has served with great distinction...Show More Summary
Thomas Middelhoff, a German business executive, will not seek re-election to The New York Times Company’s board in April.
If you're trying to get hired at Google, don't bother bragging about your GPA. Laszlo Bock, Google's senior vice president of people operations, told The New York Times that the company looks far beyond grades (Google is actually hiring more and more people that never went to college). Show More Summary
Isaac Osei, an owner of a New York City taxi company, is also the chief of the Akwamu people in his native Ghana. Osei talks about his most unusual double life in this video by Barcroft Media. This 2011 New York Times article has more on Osei.
(Reuters) - Mexican billionaire Carlos Slim plans to increase his stake in The New York Times Co by exercising at the end of this year warrants he received when he made a major loan to the newspaper company, according to a report in Bloomberg.