As US newspaper publishers mull charging readers on the Web, a Pennsylvania daily announced plans on Monday to put some content behind a pay wall.
Hackers took over Twitter accounts of the New York Post and United Press International on Friday, writing bogus messages, including about hostilities breaking out between the United States and China.
Buoyed by a box office hit in "Avatar" and better-than-expected profits, News Corp.'s Rupert Murdoch has predicted a rosy future for content companies such as his media and entertainment giant.
The New York Times and Washington Post, two of the most prestigious titles in American journalism, plan another round of pay cuts, layoffs and buyouts amid a steep decline in advertising revenue.
The failure of Rupert Murdoch's pioneering iPad newspaper The Daily underscores the problems of the news industry as it seeks a paid model for the digital age, analysts said.
Rupert Murdoch's publishing group News Corp. said Friday it had acquired the "social news agency" Storyful, which seeks to merge journalism with social media.
Southeastern Asset Management Inc., the investment firm that along with activist investor Carl Icahn opposed the proposed buyout of Dell Inc., disclosed that it has taken a nearly 12 percent stake in News Corp.
GlobalPost.com, a news website launched eight months ago, is making its network of foreign correspondents available to CBS News under an agreement unveiled on Monday.
US tabloid newspapers including ones owned by Rupert Murdoch's News Corporation are less aggressive than their British counterparts, partly due to readers' differing demands, experts say.
A New York Post spokeswoman said some of the newspaper's Twitter accounts were briefly hacked Friday.