News/Media

New CNN CEO Mark Thompson Lays Off 100 Employees in Major Restructuring Effort

CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.


Former CBS Anchor Jeff Vaughn Files Discrimination Lawsuit Against Network

Former CBS anchor Jeff Vaughn has filed a discrimination lawsuit against the network and its parent company, Paramount Global...

'Inside Out 2' Hits $1 Billion Globally, First to Achieve Milestone Since 'Barbie'

'Inside Out 2' has grossed $1 billion at the global box office, becoming the first film to achieve this milestone since 'Barbie' and breaking the record previously held by 'Frozen 2' for the fastest a..

MTV Pulls Plug on News Website Archives A Year After Paramount Disbanded News Unit

The MTV News website has been completely expunged a year after Paramount Global dissolved MTV’s news unit, marking a sad day in music journalism...


Latest News

EU Privacy Regulators Request Changes in EU-US Data Transfer Agreement
WP29 on Wednesday was calling for changes in the commercial data transfer agreement between US and EU. The agency said it does not provide enough protection for privacy for European users.
Austrian Financial Market Regulator to Investigate Two Banks over Panama Papers Leak
FMA of Austria will investigate Raiffeisen Bank International and Hypo Landesbank Vorarlberg. The Austrian banks were named in Panama Papers in helping money laundering scheme.
Turner Broadcasting Leads a $15 Million Investment in Mashable
Mashable announced on Thursday to receive a new round of investment. The Series C funding was led by Turner Broadcasting.
Yahoo Potential Buyers Have 14 Days to Present Their Bid
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import
Al Jazeera to Cut 500 Jobs Worldwide as Qatar Continues to Suffer From Slumping Oil Prices
Qatari media network Al Jazeera is announcing its plan to cut 50 jobs as a part of an optimization initiative. As a partly state-funded company, Al Jazeera is impacted by the slump in oil prices, whic
Digital First Media Will Acquire Freedom Communications' Newspapers
The second largest U.S. newspaper chain will soon add two newspapers in California. Digital First Media gain the advantage after Tribune Publishing faced regulatory hurdle to acquire Orange Country .
Optus Finally Spilled the Beans How Aussie Fans Can Watch EPL and World Cup
Optus at last revealed on how Aussie football fans will be able to watch their favorite game via live stream. It will team up with SBS to broadcast live streaming of their favorite team and players fr
Google Invest $30 Million for Digital News Initiative in Europe
Last week, Google announced to invest $30 million to news organizations in Europe. This is a part of the Digital News Initiative plan launched by the Internet giant.
John McAfee Volunteers Decoding San Bernardino Shooter's iPhone
Apple and FBI want to resolve their feud over the decryption of the iPhone of the San Bernardino shooter but the giant tech company turned FBI's request. John McAfee, inventor of the McAfee software,
Time Inc. Acquired Viant, Which Owned MySpace and Other Ad-Related Business Units
Time Inc. was interested in big data owned by Specific Media when they acquired Viant, which owns Specific Media. Apparently, Viant also owned other business units, including social network Myspace. T
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