Companies

A jailed Chinese reporter accused of leaking state secrets has joined a U.S. lawsuit claiming Yahoo Inc. helped the Chinese government convict dissidents, his mother said Sunday. Shi Tao, who was sentenced in 2005 to 10 years in prison, is seeking compensation from the Sunnyvale, California-based Internet company, claiming Yahoo Hong Kong and Yahoo China provided information to the Chinese...

News International today announced 50 editorial job cuts at the Times and News of the World as part of its latest cost-cutting drive. The job losses at the two Wapping titles form part of company-wide cost-cutting measures, with News International understood to be seeking savings of £30m. Editors of News International's four national titles - the Sun, News of the World, Times and Sunday Times -...

Journalists at The Wall Street Journal, the US financial newspaper being stalked by Rupert Murdoch, may stage a walk-out if he buys the title's parent company Dow Jones, according to sources close to the publication. The Bancroft family, which controls 64 per cent of Dow Jones through shares with special voting rights, said last week it would enter talks with Murdoch's News Corporation after it...

NEW DELHI — Obituaries for newspapers are already being written in the United States and much of Europe, with the rise of the Internet and shrinking attention spans listed as the causes of death. But the news hasn't made it to India. Here, more than 150 million people read a newspaper every day — compared with 97 million Americans and 48 million Germans. Circulation numbers in India are soaring...

THE COST OF getting magazines into your mailbox will shoot up July 15. How much? It depends. Magazine publishers are facing a radical postage rate restructuring that favors those with large circulations and transfers costs to small- and mid-circulation publications. Past increases to periodical postage were applied fairly equally across all publications. But this time, things are drastically...

Tribune Co. disclosed Friday afternoon that its earlier agreement to sell two Connecticut newspapers to Gannett Co. for $73 million has been called off in the wake of an unfavorable arbritrator's ruling regarding Gannett's plan not to honor an existing union contract at one of the papers. Tribune announced in March that it had agreed to sell the Advocate in Stamford and the Greenwich Time to...

Rupert Murdoch faces the most serious challenge yet to his dominance of the British media after Alistair Darling, the trade secretary, called yesterday for a full investigation into News Corp's influence over the way the British public gets its news. In referring BSkyB's share swoop last year on the rival broadcaster ITV to the Competition Commission, Mr Darling opened the way for a full...

The Evening Standard, Daily Mail and General Trust’s London evening newspaper, has suffered an 18 per cent drop in circulation amid intensifying competition from London freesheets, thelondonpaper and London Lite. Daily Mail and General Trust (DMGT), publisher of the Daily Mail and Evening Standard, gave warning yesterday that it could not see “an imminent reduction” in competition in London...

CHICAGO: When a big-city newspaper's circulation starts falling in the United States, reporters and editors fret about impending layoffs. But apparently when circs go south in France, it's the journalists who do the firing. As Kim Wilsher, reporting in Paris for The Guardian in Manchester, U.K., writes Wednesday, the reporters and editors voted to dismiss the chairman of Le Monde, the Parisian...

The future of journalism is in your hands. That's the message today as the John S. and James L. Knight Foundation today hands out more than $11 million in prize money to a motley crew of bloggers and organizations ranging from MIT to MTV -- winners of the first Knight News Challenge contest. The contest challenged applicants to develop ways of using digital media to foster local communities, and...