Companies

Reuters and Nokia have joined hands for a project that, they claim, will change the face of journalism worldwide. The two organisations have showcased their first project, a new mobile application, which gives journalists everything they need to file and publish news from the most remote regions of the world. Through an ongoing trial that started this summer, selected Reuters journalists around

NEW YORK (AP) -- The board of The Associated Press on Thursday approved a major overhaul of the way the AP prices and packages news for its member U.S. newspapers. Instead of offering news feeds defined largely by the volume of news delivered -- large, medium or small -- the new plan is centered on a core service of all national, state and international breaking news, with options for adding other...

The Guardian today launched its US website with an exclusive interview with presidential candidate Hillary Clinton. The site, Guardianamerica.com, has been designed for the Guardian's growing US audience, which now accounts for nearly a third of Guardian Unlimited's readership. In the latest audited ABCe figures for August, Guardian Unlimited had 15.9 million unique users, of which the company...

About the same time that Rupert Murdoch was telling shareholders that his beloved News Corp. had become the world's most valuable media conglomerate, the company's worth was in the midst of sinking by $1.53 billion. But Friday's massive stock market sell-off didn't alter Murdoch's message. By the end of Friday trading, News Corp. sported a market capitalization of $67.79 billion, larger than Time...

In a rare cross-industry accord, a consortium of media and Internet companies led by Walt Disney Co. and Microsoft Corp. have agreed to a set of rules they will abide by in the contentious area of posting copyright material on the Web. Disney and Microsoft, which have been negotiating a pact for the past nine months, have pulled together a group that also includes General Electric Co.'s NBC...

From children’s programmes to sports broadcasts, the BBC swung an axe on at least 10 per cent of its workforce on Thursday in an effort to push through £1.7bn in savings over the next six years. Announcing his controversial “reprioritisation” plan, director-general Mark Thompson told staff that those who survived would be working for a smaller but fitter and more flexible BBC. Apart from the job...

NEW YORK (Reuters) - An alliance between hundreds of newspaper sites and Yahoo Inc has helped publishers increase advertising, but it will saddle them with unproven technology and costs them some independence and flexibility. Billed as crucial to U.S. newspapers whose print editions are steadily losing ads and readers, results of the program are hard to come by nearly a year after it began. Some...

NEW YORK (AFP) — News Corp. founder Rupert Murdoch is opening a new front in his drive for media supremacy with a launch set for Monday of his Fox Business Network in the US market. The new business news channel takes square aim at market leader CNBC, part of the General Electric Co., in th effort to capture American cable and satellite subscribers seeking financial news. The move by the 76-year...

Mumbai: Some 13 years after it was founded, the Media Research Users Council (MRUC), a non-profit body that conducts and validates media research, may finally be headed for a rapprochement with the Indian Newspaper Society (INS), the representative body of print media in the country. If so, it could have significant impact on the relevance and importance of the two rival readership surveys...

The European Union said yesterday that the Thomson Corporation’s plan to buy the Reuters Group raised competition concerns for the supply of financial information. The European Commission, Europe’s antitrust authority in Brussels, told the companies it needed more time to study the £8.7 billion ($17.7 billion) acquisition. Thomson and Reuters said in a separate statement that they would work with...