UPDATE 2New York Timess About.com chief to leave
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(Recasts throughout, adds analyst comment, background,
bylines)
By Kenneth Li and Michele Gershberg
NEW YORK, Feb 27 (Reuters) - The chief executive of
About.com, an online division of The New York Times Co (NYT.N: Quote, Profile, Research),
will leave the company next week amid a campaign by activist
shareholders to accelerate the publisher’s digital [...]
Tsinghua to buy 40 pct of Chinas BesTV source
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SHANGHAI (Reuters) - BesTV, China’s largest provider of Internet Protocol TV, is selling a 40 percent stake to Tsinghua Tongfang Co Ltd (600100.SS: Quote, Profile, Research) for 150 million yuan ($21 million), a source familiar with situation said on Thursday.
A BesTV spokesman confirmed that a strategic partnership would be announced later [...]
More Americans turning to Web for news
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NEW YORK (Reuters) - Nearly 70 percent of Americans believe traditional journalism is out of touch, and nearly half are turning to the Internet to get their news, according to a new survey.
While most people think journalism is important to the quality of life, 64 percent are dissatisfied with the quality [...]
UPDATE 1Akamai says prevails in patent case with Limelight
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(Adds Limelight not available, patent details)
NEW YORK, Feb 29 (Reuters) - Akamai Technologies Inc
(AKAM.O: Quote, Profile, Research), a Web content delivery company, said on Friday a jury
had awarded it $45.5 million after ruling for it in a patent
infringement case against rival Limelight Networks Inc
(LLNW.O: Quote, Profile, Research).
Limelight shares [...]
UPDATE 2Cablevision posts profit with more customers
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(Adds analyst comment, executive comment, byline)
By Paul Thomasch
NEW YORK, Feb 28 (Reuters) - Cablevision System Corp
(CVC.N: Quote, Profile, Research) posted a quarterly profit on Thursday, rebounding from
a year-ago loss, as it pulled in more subscribers for online
and voice services.
Shares in the New York-based cable television operator rose
4 [...]
REFILEUPDATE 2R.H. Donnelley lowers 08 outlook; shares sink
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(Refiles to correct date)
(Adds conference call details, updates share movement)
Feb 28 (Reuters) - Shares of R.H. Donnelley Corp (RHD.N: Quote, Profile, Research)
lost as much as 40 percent of their value after the yellow
pages publisher lowered its 2008 outlook, citing a difficult
selling environment, and said it will not initiate [...]
UPDATE 1Belgiums Option Q4 results below expectations
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(Adds details, background)
BRUSSELS, Feb 28 (Reuters) - Belgian wireless data card
maker Option (OPIN.BR: Quote, Profile, Research)(OPNVY.PK: Quote, Profile, Research)missed market expectations on
Thursday with a fourth-quarter operating loss and failed to give
guidance about the year ahead.
Option, whose cards allow laptop users to surf the Internet
at high speeds, said in [...]
CORRECTED Belgiums Option Q4 results below expectations
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(Corrects loss figure in second paragraph)
BRUSSELS, Feb 28 (Reuters) - Belgian wireless data card
maker Option (OPIN.BR: Quote, Profile, Research)(OPNVY.PK: Quote, Profile, Research)missed market expectations on
Thursday with a fourth-quarter operating loss rather than the
market expectation of a profit.
Option, whose cards allow laptop users to surf the Internet
at high speeds, [...]
CORRECTED UPDATE 2DirecTV scales back subscriber outlook
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(Correcting to show 2010 revenue outlook was for U.S. only and
deletes reference to analyst forecasts)
(Adds weaker subscriber numbers for 2008, AT%26amp;T partnership,
byline)
By Ritsuko Ando
NEW YORK, Feb 28 (Reuters) - Top U.S. satellite television
provider DirecTV Group Inc (DTV.O: Quote, Profile, Research) said on Thursday subscriber
growth this year was [...]
ExSocialist International official dies
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UNITED NATIONS — Hans Janitschek, an Austrian journalist who spent years as a U.N. consultant and also served as secretary general of the Socialist International organization, died suddenly at U.N. headquarters. He was 73.His wife, Friedl, said Friday that Janitschek died last week and the cause [...]