Thomson Reuters the result of a metamorphosis
Ian Austin of the New York Times writes Thursday about how Thomson Corp. has remade itself by focusing on data and information that people need for their jobs, a strategy that comes complete with the Reuters acquisition. Austin writes, “Thomson’s desire to raise its public profile as it completes the $16.6 billion transaction is partly […]
Thomson Reuters: Day One
Rafat Ali of PaidContent.org writes Wednesday about the newly combined Thomson and Reuters operations, which makes it the largest business media company in the world. Ali writes, “The new logo is the orange one you see on the right, and the new joint company site is up as well. The company is defining itself as […]
BNET expanding coverage to industries
Business news web site BNET, a division of CNET Networks, launched Tuesday a new section providing news and analysis for 11 major industries. There’s a blast of original content running throughout the entire section, in the form of industry blogs, says BNET executive editor Jeff Davis. “The audience for this is managers and executives in those industries […]
GE coverage exposes risk in writing about earnings before they happen
TheStreet.com media critic Marek Fuchs writes Saturday about all of the pre-coverage of General Electric Co.’s earnings that noted how the conglomerate was expected to report a profit increase. Oops. GE reported a decline. Fuchs wrote, “The business media raised false expectations for results that were — shockingly — ruined by their financial service business. “All […]
The problem in the Microsoft/Yahoo coverage
TheStreet.com media critic Marek Fuchs writes Monday that the business media are misplaying Microsoft’s offer to acquire Yahoo by treating the Internet company like an equal to its suitor. Fuchs writes, “But the ‘we are poised for a terrific fight’ articles we read this weekend were built on a far catchier story line than ‘the […]
Wall Street Journal to begin London sales of U.S. edition in two weeks
The Wall Street Journal for the first time will print its U.S. edition in London from April 16, selling it alongside The Wall Street Journal Europe to local readers, according to a statement. The Wall Street Journal Europe, which has a regional readership of nearly 220,000, will continue to be available throughout the U.K. and Europe. […]
Ex-Boeing employee admits to being source
Gerald Eastman, the former Boeing employee on trial for alleging stealing company secrets, admitted on the stand Monday that he was the source for Seattle Times business reporter Dominic Gates and showed him documents. Andrea James, a reporter for the Seattle Post-Intelligencer, wrote, “Eastman later testified that he did not give concession information to The […]
E-mails disclosed between reporters and Boeing employee
In the ongoing trial of a former Boeing employee accused of stealing company secrets, testimony Thursday disclosed numerous e-mails with reporters from the Seattle Times and the Seattle Post-Intelligencer. Post-Intelligencer reporter Andrea James writes, “Though the detectives asked him numerous times about contact with the media, Eastman would not confirm that he had ever spoken […]
Dolan Media reports fourth-quarter profit
Dolan Media Co., which owns a number of weekly business newspapers, reported a fourth-quarter profit after posting a loss in the same quarter in 2006, according to a Thomson Financial story. The story stated that Dolan Media “swung to fourth-quarter net income of $3.1 million, or 12 cents a share, from a net loss of […]
Thomson acquisition of Reuters to close next month
Lisa LaMotta of Forbes.com writes that the Thomson Corp. acquisition of Reuters will close on April 17. Shareholders of both companies approved the deal on Wednesday. LaMotta writes, “The integrated company, Thomson-Reuters will be the largest entity in the financial-data area with approximately 34.0% of the market share. Bloomberg, a privately-held information service, has 33.0% […]
