Newspaper 3Q profits are up and down

Third-quarter profit at The Washington Post Co. rose 69 percent compared with the same period last year reports a staff writer from the newspaper. The Post Co. earned $17.1 million ($1.81 per share) on $1.14 billion in revenue during the period from July to September, the company said Friday morning, compared with $10.4 million ($1.08) […]

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Ted Turner wants to run CNN again

Wants ‘less fluffy news and more international news’ By Paul Bond No knock on his “good friend” Jeff Bewkes — or on Superman — but Ted Turner wishes that he were running Time Warner so that he could make some changes at Cartoon Network and CNN, the cable news channel he founded 29 years ago, […]

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Bloomberg buys Business Week

By Stephanie Clifford, New York Times Bloomberg LP is the winning bidder for McGraw-Hill’s BusinessWeek. Bloomberg’s interest signals a wider journalistic ambition at the company, where the publishing side is known for its financial focus and financial readers. Despite some award-winning journalism, after 80 years, BusinessWeek had become a drag on parent company’s McGraw-Hill’s books. […]

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Users of Microsoft Corp’s Sidekick mobile phone may have permanently lost data such as contacts, photos and calendar entries due to the failure of a Microsoft server computer. Why didn’t I ever switch? Anyhow, T-Mobile said that its customers who do have such data stored locally on their Sidekick devices will “almost certainly” have lost […]