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Business 23 Apr 2019 | 12:24 PM

Warren Buffett sees most newspapers as ‘toast’ after ad decline

NEW YORK (Bloomberg): Warren Buffett, the man behind a print-media empire that includes the Buffalo News and Omaha World-Herald, doesn’t think most newspapers can be saved.

Business 11 Feb 2019 | 8:27 AM

Stop making false statements, Malaysia Airports tells AirAsia

KUALA LUMPUR: Malaysia Airports Holdings Bhd and Malaysia Airports (Sepang) Sdn Bhd (collectively referred to as Malaysia Airports) have jointly issued and served a Letter of Demand to AirAsia Bhd, AirAsia X Bhd and their respective chief executive officers Riad Asmat and Benyamin Ismail, in respect of several allegedly inaccurate and misleading articles published on AirAsia's online portal AirAsia Newsroom.

Corporate News 03 May 2018 | 12:28 AM Premium

Bloomberg’s new paywall will charge users US$35 a month

The paywall, which allows visitors to read 10 articles a month for free, includes a $39.99 option that comes with a subscription to Bloomberg Businessweek and access to events

Advertising & Media 05 Dec 2017 | 12:00 AM

Facebook, Google face probe over media disruption

SYDNEY: Australia’s competition regulator said it would investigate whether US online giants Facebook and Alphabet Inc’s Google have disrupted the news media market to the detriment of publishers and consumers.

Advertising & Media 11 Oct 2017 | 3:44 PM

Singapore Press Holdings to cut over 200 jobs by year-end

SINGAPORE: Media company Singapore Press Holdings (SPH) said Wednesday it would cut 230 jobs by the end of the year as it accelerated a plan to lay off staff.

Corporate News 19 Sep 2017 | 5:56 AM

CBS wins battle for Australia's Ten Network

SYDNEY: Creditors of Australia’s embattled Ten Network Holdings Ltd on Tuesday agreed to a A$209.7mil (US$167mil) buyout from CBS Corp, effectively ending a battle for control between the US broadcasting giant and Lachlan Murdoch.

Economy 06 Sep 2017 | 12:00 AM

China’s virtual coin fundraising ban just the start of tighter regulations

BEIJING: China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes, Chinese financial news outlet Yicai reported citing sources.