Apple, book publishers facing potential US suit: WSJ

The Justice Department is threatening to sue Apple and five major US publishers for allegedly colluding to raise the price of digital books, The Wall Street Journal reported on Wednesday.

Google moving in on Apple's digital newsstand

Google is trying to get media backing for a new Google-operated digital newsstand for users of devices that runs its Android software, hoping to muscle in on Apple's own version, The Wall Street Journal said Sunday.

Flyp, experimental online magazine, to close

(AP) -- Flyp Media, an online magazine startup that tried innovative approaches to Web journalism, says it has lost its financing and can't stay afloat on advertising revenue.

News Corp. net profit up on movie, cable TV showing

Global media giant News Corp. posted an 11 percent rise in quarterly net profit on Wednesday as strong results from its movie, cable television and book publishing divisions offset a newspaper slump.

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