Media Moves

Talking Biz News Today – Jan. 25, 2023

Some of Wednesday’s top business news stories:

The Associated Press

Justice Dept. sues Google over digital advertising dominance, by Barbara Ortutay, Eric Tucker and Frank Bajak

Microsoft reports outage for Teams, Outlook, other services

CNN

America’s biggest banks are taking on Apple Pay and PayPal, by Chris Isidore

Microsoft quarterly profit falls 12% but cloud computing business shows strength, by Catherine Thorbecke

The Wall Street Journal

Rupert Murdoch Withdraws Proposal to Merge Fox Corp. and News Corp, by Jeffrey A. Trachtenberg and Jessica Toonkel

Tesla Eyes $3.6 Billion Factory Expansion, by Sabela Ojea

CNBC

Walmart raises minimum wage as retail labor market remains tight, by Melissa Repko

Inflation is cooling, but prices on many items are going to stay high for months, by Melissa Repko and Amelia Lucas

Reuters

Amazon warehouse workers at Coventry walk out over pay in UK first, by Muvija M

Amazon deepens healthcare push with $5 monthly subscription, by Jeffrey Dastin and Chavi Mehta

News about business journalism:

WSJ parent calls off proposed merger with Fox

CoinDesk names Keoun its ME of tech and protocols

Bloomberg senior executive editor Collins becomes chief product and tech officer

Politico’s Mueller to cover economic policy

The Economist promotes Guest to deputy editor

Bloomberg hires Trentmann to lead credit Americas team

STAT News hires Lawrence to cover medical devices

Dow Jones hires Fox from Consumer Reports for Buy Side from WSJ

Business Post appoints McConnell editor

Brugger to cover natural resources for E&E News

Senior editor Cohen among the Adweek layoffs

Bezos makes surprise visit to WaPo newsroom amid layoff fears

Vice News promotes McCready to APAC editor

Postmedia to go digital-only for 12 Alberta papers

Vox Media to axe 7 percent of its workforce

WaPo charitable initiative raises more than $400K for local charities

Mariam Ahmed

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