Google Grants $30 Million to European Tech News Publishers as the First Batch of the $170 Million Project

Google’s Digital News Initiative (DNI) program has just granted more than $30 million to selected projects in 23 European countries. It’s the first batch of the long-term $170 million project to help stimulate innovation in digital journalism.

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Bezos promises independence and optimism for the Post's future

In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.

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Maxim Magazine Fetches Bids of About US$20 Million

Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.

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Sources: TPG to acquire TSL Education for GBP400 million

TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.

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