Digital news offering aims at high ground

It seems like a terrible time to be launching a news operation. But there are opportunities and niches, and the new digital media launch called Quartz from Atlantic Media Company seeks to exploit them.

Eastman Kodak 1Q loss widens

(AP) -- Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales.

Newspapers erect pay walls in hunt for new revenue

(AP) -- Newspapers are returning to a business strategy that served them well in the heyday of street-corner newsboys shouting the front-page news. They're enticing people with a little free online content before asking ...

Kodak to stop making cameras, digital frames

Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames in order to focus on its more profitable businesses.

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

Kodak restructures amid bankruptcy battle

US photography giant Eastman Kodak, fighting to keep bankruptcy at bay, announced Tuesday a major restructuring to speed up its transformation into a digital company.

EU approves Samsung-Seagate hard disc business sale

European anti-trust regulators approved Wednesday the sale of Samsung Electronics' hard-disc-drive business to US firm Seagate Technology for $1.375 billion (995 million euros) in cash and stock.

USA Today rewrites strategy to cope with Internet

(AP) -- USA Today, a newspaper created nearly 30 years ago to appeal to people who grew up watching television, is revising its formula to try to counter the Internet's threat to its survival.

Warner Music CEO looks 'beyond iTunes' amid losses

(AP) -- Digital download sales growth slowed further for Warner Music Group Corp. in its fiscal third quarter, prompting CEO Edgar Bronfman Jr. to say Thursday that the company was looking "beyond the iTunes model" to return ...

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