CNBC reporting News Corp. offers $60/share for Dow Jones
CNBC’s David Faber is reporting that News Corp., which owns Fox News, the New York Post and other media outlets, has made an unsolicited $60-per-share offer for Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch. According to a brief on the CNBC site, “The Bancroft family, which controls Dow […]
Great opportunities in business media
Neil Ashe, the CEO of CNET Networks, spoke on the company’s earnings conference call Thursday about the opportunities in business media. Ashe said, “In the first quarter, we launched BNET. There is a large unmet opportunity in business media. Currently business media is largely focused on business sports, who is winning, who is losing, who […]
New 30 under 30 named
NewsBios announced the 2007 NewsBios 30 Under 30 Award recipients. This select group of journalists showcases up-and-coming business and financial reporters and editors. NewsBios first honored young journalists for their exceptional work in 1987 and has since bestowed the awards in 18 of the past 20 years. (The awards were not issued in either 2005 […]
Francisco leaving Marketwatch
Embattled Marketwatch tech columnist Bambi Francisco announced in a column posted late Friday afternoon that she’s leaving the business news web site amid allegations of a conflict of interest. Francisco had been allowed to invest in a start-up company with the understanding that she not write about it or its customers. But recent media reports […]
Marketwatch reporter violates terms of investment deal?
A Wall Street Journal reporter wrote Friday that Marketwatch columnist Bambi Francisco apparently violated the terms of her agreement with the online business news web site by writing about companies in her column that use the service of the company she has a stake in. Matthew Karnitschnig wrote, “In a note prepared for employees last […]
Marketwatch columnist has stake in tech company
Greg Sandovel of CNET News.com has a story stating that Marketwatch columnist Bambi Francisco was allowed to take an ownership stake in a technology company last year after receiving permission from her editors. Sandovel wrote, “It’s unclear how large a stake Francisco received in Vator, which is backed by PayPal co-founder Peter Thiel. In an […]
Biz media absent from South by Southwest Interactive conference
Daniel Terdiman of CNET News writes on his media blog that the business media are noticeably absent from the South by Southeast Interactive conference in Austin, Texas, this week, primarily because they don’t understand its significance. Terdiman wrote, “Other than CNET News.com, Wired, the San Francisco Chronicle and one or two other regional outlets, most […]
CNET launches new business news site
Financial news company CNET has launched a new business news web site called BNET that’s aimed at business managers, according to a story in Mediaweek. Reporter Mike Shields wrote, “Though BNET is entering a potentially saturated media segment, Stephen Howard-Sarin vp, products CNET Networks Business, believes that the wealth of business-related magazines and Web site […]
LA Times predicts Murdoch will buy Dow Jones
The Los Angeles Times ran Tuesday a series of media predictions for 2007, and one of them included Dow Jones and its well-respected Wall Street Journal. The prediction: “News Corp. adds to its stable of newspapers by buying Dow Jones & Co., owner of the Wall Street Journal, to bolster Rupert Murdoch’s nascent business news […]
Weiss to write column for Forbes.com
Forbes.com announced that investigative journalist and author Gary Weiss will pen a regular column for the site titled Muckraker, focusing on international business and Wall Street. His inaugural column, India’s Nuclear Option, is available here. “Gary is among an elite group of journalists whose zest for investigative journalism has brought real change to the subjects […]
