Facebook threat to Google grows in mobile

Just a year after Facebook started selling mobile ads, the social media giant has become a bigger threat to the dominant player in the space, Google Inc.

Newsweek company renames as 'NewsBeast'

The operator of the erstwhile news magazine Newsweek, which became a solely digital publication last year after 80 years in print, officially became "NewsBeast" on Friday, its parent company said.

Google to set up $82M fund for French publishers

Google will help French news organizations increase their online advertising revenue and also set up a €60 million ($82 million) fund to finance digital publishing innovation, settling a dispute over whether the Internet ...

Hollywood studios questioning their friendship with Facebook

Hollywood's friendship with Facebook is showing signs of strain. The entertainment industry was among the first to embrace the Silicon Valley phenomenon. Studio executives thought the giant social network held great promise ...

NY Times sees modest profit, Web subscriptions up

The New York Times Co. on Thursday announced a modest profit in a quarter in which digital subscriptions rose but revenues fell, including from online and print advertising.

US newspaper group moves toward 'paywalls'

McClatchy Co., one of the largest US newspapers group, said Friday it would begin moving toward paywalls for its news websites in response to the industry's economic woes.

Microsoft makes unspecified number of job cuts

Microsoft said Thursday it was cutting an unspecified number of jobs in marketing and advertising as part of a move to "align" its operations to key priorities.

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