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News Corp. Will Write Down Print Division as Cash Flow Slows

bloomberg.com — May 25 (Bloomberg) -- News Corp., the media company controlled by billionaire Rupert Murdoch, said it will write down the value of its soon-to-be-independent publishing business by $1.2 billion to $1.4 billion this quarter, blaming slowing cash flow from its Australian and U.S. newspapers. News Corp.

AOL’s Tim Armstrong Likes Periscope for Company Meetings and Says Content Will Matter More as Competition Rises (VIDEO)

recode.net — Remember when AOL CEO Tim Armstrong publicly fired an employee during a company conference call? Armstrong does, but he's not too concerned about any further incidents since he just Periscope-d his latest company meeting, as he told Re/code's Kara Swisher at the cable industry's annual trade show, now called INTX (Internet and Television Expo) today.

The New York Times Will Hit One Million Digital Subscribers Soon. But Does It Matter?

recode.net — The New York Times is poised to hit 1 million paying digital subscribers sometime this summer, CEO Mark Thompson said during the company's earnings call last week - a significant figure that's as much a psychological milestone as a financial one. If you don't remember, the Times struggled internally for years about whether it should charge for online content.

ESPN Is Suing Verizon Because It’s Trying to Sell Small Bundles of TV Channels

recode.net — ESPN has said for over a week now that Verizon's attempt to sell skinny bundles of TV channels violates agreements it has with the distributor that prevents it from breaking up the bigger bundle of TV channels that EPSN sells. It's not just a statement anymore.

Suspects in incendiary FB posts out on police bail

thesundaily.my — GEORGE TOWN: Two men wanted for several incendiary postings on social media have been released on police bail. Northeast district police chief ACP Mior Faridalatrash Wahid said the duo S.

Outgoing Penang CID chief hands over duties to deputy

thesundaily.my — GEORGE TOWN: Former Penang CID chief SAC Datuk Mazlan Kesah today thanked his colleagues for supporting him to carry out his duties successfully during his tenure. He said he was touched by the trust placed in him by his superiors and his subordinates in fulfilling his responsibilities.

Khoo Kongsi donate RM60,000 to 12 welfare organisations

thesundaily.my — GEORGE TOWN: The Leong San Tong Khoo Kongsi today donated a total of RM60,000 to 12 welfare organisations including those caring for the aged, cancer patients and emotionally distressed. Its president, Datuk Seri Khoo Keat Siew, said that each organisation received RM5,000.

Dead body found in Lebuh Victoria premise

thesundaily.my — GEORGE TOWN: A body of an unknown individual was found inside a wooden box at a premise in Lebuh Victoria on Thursday. Northeast district police chief ACP Mior Faridalatrash Wahid said police rushed to the scene after receiving a call from a woman at around 3pm, saying that a foul stench was coming from a box.

Wan Azizah says no 'silent protest' by PAS

thesundaily.my — BUKIT MERTAJAM: Parti Keadilan Rakyat (PKR) president Datuk Seri Dr Wan Azizah Wan Ismail has brushed off rumours of silent protests by Permatang Pauh PAS members if she is to be nominated as the opposition's candidate for the by-election.

Penang Sky Cab project to be cancelled if public disagrees

thesundaily.my — BUKIT MERTAJAM: The proposed RM300 million Penang Sky Cab project linking the island and the mainland will be cancelled if the public objects to it, said Chief Minister Lim Guan Eng. Lim said in implementing the project, the state would take into account the views and feedback from the public.
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May 22, 2015

New study—from the very smart @owasow—shows riots turn Americans conservative: nym.ag/1PxumpH?mid=tw…

May 22, 2015

@fmanjoo @Recode @pkafka he wants to make sure they get it right…you don’t want bad Apple TV, bec then everyone will blame Peter

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