Why The Times Cut Its Dividend: Revenues Shrank Again In October
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18 minutes ago The New York Times has slashed its dividend by nearly $100 million a year. But that won't be enough to save the paper with results like these: October's financial results show that the paper's core business is continuing to shrink -- and that the Internet, where the paper has been investing substantial resources, isn't coming through, either.
Obama Girl, Fred, the Movie Re-enactment Guy and Other Online Phenoms at YouTube Live
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Fri 4:40 am ET This weekend, YouTube is going analog, showing off a bunch of the freaky people who have become online phenoms, at YouTube Live, its "first ever official live community celebration," taking place in San Francisco on Saturday.
Dell's Health Improving After Employeectomy
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Thu 5:18 pm ET Dell delivered its fiscal third-quarter results after market close Thursday, and they were about as exciting as the company's industrial design. It reported a 5 percent drop in earnings thanks to what company officials euphemistically describe as "a challenging demand environment."
Media Layoff Of The Day: Associated Press Cutting 10%
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Thu 4:10 pm ET Media company layoffs are now the rule, not the exception, but this one is still noteworthy: The Associated Press, the workhorse of U.S. journalism, is firing 10% of its staff, or about 400 people.
It's Official: Yahoo Search Exec Suchter to Microsoft
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Thu 3:45 pm ET Yesterday, BoomTown reported, based on sources, that Yahoo search exec Sean Suchter was headed to Microsoft. Now it's official. Here's a Microsoft statement on the hiring of Suchter, an important tech leader at Yahoo, from Satya Nadella, SVP for Search, Portal and Advertising:
The Great E-pression
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Thu 2:05 pm ET Call it the Great E-pression. Online spending growth in October fell to its lowest rate in seven years, and given the tenor of economic news these days, it's almost certainly headed lower still.
Online Ad Growth: Already Over, Except For Google
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Thu 1:14 pm ET Are you still thinking there might be growth in the online ad market next year? Perhaps this will disabuse you of the notion: New numbers from an industry trade group indicate that growth has already stopped for everyone except Google.
CBS Drops Web Video Show MobLogic.TV
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Thu 11:42 am ET CBS has pulled the plug on MobLogic.TV, a news and politics Web video series it launched with some fanfare last spring. This isn:rsquo:t quite the same as cancelling the show, in the traditional TV sense: The MobLogic.TV site still exists, and the team behind the series still puts up an episode up on their own from [...]
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