Reddit raises $50 million in funding
Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site's user community.
News/Media
Top BBC News Anchor Resigns on Medical Advice 9 Months After Scandal Involving Sexually Explicit Photos with Teenager
Huw Edwards had been the BBC's leading presenter throughout major events such as Queen Elizabeth II's death and funeral, but was suspended in July 2023 after charges surfaced.
NPR Suspends Senior Editor Uri Berliner After Exposing Network's Hunter Biden Scandal Cover-Up, Liberal Bias
Senior business editor Uri Berliner was suspended by NPR for publishing an essay in which he issued an open letter breaking ranks and alleging that the nonprofit radio network had permitted liberal bi..
Stuff, Newshub Reach Deal to Save TV News, Provide New-Look Bulletin
The 6pm TV3 news has been saved, undergoing a complete transformation and will be provided by rival media company Stuff following the closure of Newshub in early July...
US News Organizations Urge Donald Trump, Joe Biden to Commit to Presidential Debates Ahead of 2024 Elections
The letter, signed by twelve major media outlets, highlights how important general election debates have been in shaping American democracy for the last 50 years...
Google Starts Removing Links to California News Websites in Response to Journalism Preservation Act
Google will start removing links to California news websites from some...
Veteran NPR Editor Unveils How Network Ignores Hunter Biden Laptop Issue To Avoid Boosting Support for Donald Trump
An NPR editor has admitted that the network neglected to cover the Hun...
Latest News
Elisabeth Murdoch to step down as Shine Group chairman
Elisabeth Murdoch, the daughter of media mogul Rupert Murdoch, will step down as the chairman of Shine Group when it merges with Endemol and Core Media Group Inc [CKXETM.UL], the Financial Times repor
Denver Post publisher Digital First considering selling itself
Digital First Media, publisher of Denver Post and San Jose Mercury News, said it was considering selling itself as part of a review of its options.
Michael Bloomberg to return as head of Bloomberg company
Former New York Mayor Michael Bloomberg will return as head of Bloomberg LP, the data and financial news company he founded, replacing Daniel Doctoroff who has decided to step aside, the company said
Northern and Shell Ventures awards advertising subsidy to online rental startup OpenRent
The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new
Google Launches News Publication Center: How Publishers Can Take Advantage of the Tool
Google, the giant search engine, recently launched the Google News Publication Center. While European publishers don’t necessarily favor this concept, US publishers see it as a welcome opportunity fo
Pinterest wins new funding, raising valuation to $5 billion
Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards
US online publisher Glam rebrands as Mode Media after $15M funding round
Brisbane, California-based online publisher and ad firm Glam Media rebranded as Mode Media after raising $15 million in an unannounced funding round from undisclosed investors to launch a new video b
Formosa Plastics agrees to acquire Taiwanese cable firm Gala TV
Kaohsiung, Taiwan-based business conglomerate Formosa Plastics Group agreed to acquire a 95% stake in Taiwanese cable network Gala Television Corp (Gala TV) from Swedish private equity firm EQT Partne
Comcast to divest 3.9 million subscribers if Time Warner Cable merger pushes through
Comcast confirmed that it had plans to divest 3.9 million subscribers if the merger deal with Time Warner Cable would push through as it still awaiting regulatory approval.
