Tribune's Newsday deal is one step in easing debt
Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year.
Tribune Co.'s $650 million sale of Newsday is an important step toward alleviating its debt burden - for this year.
Clear Channel Communications Inc. and its prospective buyers are talking with banks to try to settle a dispute over whether the banks must fund promised loans for the $19.5 billion takeover, the radio and outdoor advertising company said Monday.
Will people remember three-second video ads on their mobile phones? Do high-definition commercials on big screens get people's hearts racing more than other pitches? Is the sports ticker crawl distracting or does it add value to the 30-second TV spot?
In stressful times, caregivers must figure out how to share information with lots of people and friends must figure out how best to help without being invasive. One possible solution: Check the internet.
News from the virtual world:
Apple Inc. said Monday its online stores in the U.S. and U.K. are sold out of the iPhone, a sign supplies are being winnowed ahead of the launch of the device's next generation featuring faster Internet surfing speeds.
Dish Network Corp. said Monday its first-quarter net income rose 65 percent even though new subscriber growth of its satellite television service plunged on the languishing economy and stiffer competition.
Once upon a time, people bonded with their co-workers on office softball teams and traded gossip at the watercooler.
Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising.
Jon Edwards often manages what appears impossible. He has recovered precious data from computers wrecked in floods and fires and dumped in lakes. Now Edwards may have set a new standard: He found information on a melted disk drive that fell from the sky when space shuttle Columbia disintegrated in 2003.
EBay Inc. is exploring whether to require customers to use its online payment service PayPal, a move that has angered users and prompted antitrust scrutiny in Australia, where a PayPal-only rule takes effect next month.
Grand Theft Auto IV car-jacked pop culture this week.
Facebook Inc. is loosening its grip on millions of personal profiles to allow inhabitants of its popular Internet hangout to transplant the information and applications to other Web sites.
Apple Inc. has agreed to settle a pair of class-action lawsuits in Canada alleging it misled customers about the staying power of their iPods, the latest courtroom truce over the dwindling battery life of early generations of the device.
Google Inc.'s top executives expressed hope Thursday that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo Inc. - a deal that would lower the odds of Microsoft Corp. renewing its attempts to buy Yahoo.
Wholesale fees for Internet addresses ending in ".org" will increase 10 percent Nov. 9.
Texas officials may claim that Amazon.com owes millions in sales taxes on purchases that state residents made from the Internet retailer.
It's been a long road to No. 4 for the "Grand Theft Auto" series.
Microsoft Corp. on Friday said it has appealed a $1.39 billion fine imposed in February by the European Commission for the company's failure to comply with a 2004 antitrust order.
An executive at Dell Inc. who led the slumping computer maker's procurement efforts and managed its relationships with suppliers has left the company, Dell said late Friday.