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George Soros Continues to Warn of Economic Calamity
Tuesday, January 24, 2012 - 5:49pm | 1127Read More...George Soros, the world's greatest trader, continues to warn of an impending global economic crisis, which could culminate in unthinkable consequences. In a Newsweek exclusive, the legendary investor says, “I am not here to cheer you up. The situation is about as serious and difficult as I've...
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Facebook To Redefine Website Commenting
Tuesday, February 1, 2011 - 11:52am | 341Read More...In Facebook's ongoing strategy to take over social media, it seems that the website has set its sights on a new target: commenting. The news comes from CNET, which reports that multiple sources have confirmed that Facebook will launch a third-party commenting system. Scheduled to launch in “a...
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Beauty And The Beast: Newsweek And The Daily Beast Join Forces
Friday, November 12, 2010 - 9:38am | 218Read More...Tina Brown, The Daily Beast founder and editor-in-chief, has announced that her wildly successful publication is joining forces with Newsweek to form a brand-new venture: The Newsweek Daily Beast Company. To be owned equally by Barry Diller's IAC and Sidney Harman, the owner – and, according to...
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News Summary (TWX, TGT, MDP)
Monday, August 9, 2010 - 12:42pm | 244Read More...Time Inc (NYSE: TWX) has pulled in Jack Griffin, an executive with Meredith (NYSE: MDP), to replace retiring Ann Moore as its CEO and eventually chairman. The changeover has come at a tough time when magazines are facing a downfall in readers and advertising and the Time’s competitor Newsweek has...
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Washington Post May Sell NewsWeek (WPO)
Thursday, May 6, 2010 - 11:45am | 171Read More...The Washington Post Co. (NYSE: WPO) is considering the sale of its money-losing Newsweek magazine. According to Reuters, The Washington Post (WPO) is suffering due to sharp declines in ad revenue. The company’s chairman Donald Graham said, “The losses at Newsweek in 2007-2009 are a matter of record...
