Facebook says settling FTC investigation could cost up to $5 billion

Facebook Inc. estimated that it will cost as much as $5 billion to resolve a U.S. investigation into its privacy practices, as the social-media giant moves to put the fallout from the Cambridge Analytica scandal behind it. Facebook said Wednesday that it took a $3-billion charge related to the... Continue reading at 'Baltimore Sun'

[ Baltimore Sun | 2019-04-24 22:10:00 UTC ]
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Nielsen Sold to Private Equity Firms for $16 Billion

A consortium of private equity firms is buying video and TV ratings firm Nielsen in an all-cash $16 billion deal. The group is led by Evergreen Coast Capital Corp. and Brookfield Business Partners. Nielsen's board of directors voted unanimously to support the acquisition proposal after rejecting... Continue reading at AdWeek

[ AdWeek | 2022-03-29 13:52:12 UTC ]
More news stories like this | News stories tagged with: #$16 billion #acquisition offer #nielsen


Nielsen Rejects $15 Billion Acquisition Offer From Private-Equity Consortium

Nielsen Holdings has rejected an acquisition offer of roughly $15 billion from a private equity consortium, explaining that the deal "significantly undervalues" the measurement company. On Sunday night, Nielsen said its board of directors had determined not to proceed with an "unsolicited... Continue reading at AdWeek

[ AdWeek | 2022-03-21 01:43:07 UTC ]
More news stories like this | News stories tagged with: #nielsen holdings #acquisition offer #measurement company #sunday night #nielsen


Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Wiley on Track to Top $2 Billion in Sales in Fiscal 2022

Despite a number of challenges, third quarter revenue at John Wiley rose 7% over the comparable period in fiscal 2021 and the company is poised to have sales exceed $2 billion for the first time in its history. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-10 05:00:00 UTC ]
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For Women’s History Month: 5 new novels that celebrate female accomplishments

‘The Paris Bookseller’ by Kerri Maher and ‘The Diamond Eye’ by Kate Quinn are among several great new works of historical fiction. Continue reading at The Washington Post

[ The Washington Post | 2022-03-02 15:27:34 UTC ]
More news stories like this | News stories tagged with: #history month #paris bookseller #kerri maher #kate quinn #historical fiction


WLT Book Buzz Episode #5 - Black Voices: 41 Books for Everyone of Any Age from Black Joy to History to Empowerment

News and Events Laura and Bunmi celebrate 41 books by Black authors. From Black joy to history to empowerment, the books on this list provide affirming messages for children and young adults with a special shout-out to NSK Neustadt Prize finalist Jason... Continue reading at World Literature Today

[ World Literature Today | 2022-02-24 19:13:40 UTC ]
More news stories like this | News stories tagged with: #lupita nyong #good thing #bookshop


In-Betweens: 2 Middle Grade Novels About the Costs and Benefits of Being 11

The National Book Award finalists Leslie Connor and Sara Zarr explore that frustrating time between childhood and adolescence. Continue reading at The New York Times

[ The New York Times | 2022-02-11 05:19:32 UTC ]
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Higher Costs Dent Earnings Gains at HarperCollins

Earnings in HarperCollins' second quarter ended December 31, 2021, rose 3% over a year ago, while sales increased 13%. The lower profits increase was due in part “to the increase in manufacturing and freight costs exacerbated by supply chain pressures,” parent company News Corp said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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From the Archive: February 5, 1921

This week we’ve got a 1921 cover advertisement from Alfred A. Knopf, thanking the industry for its support of his then-new Borzoi Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-28 05:00:00 UTC ]
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Take-Two is acquiring mobile game giant Zynga for $12.7 billion

PC gaming Giant Take-Two has announced that it's making a big move into mobile gaming with the acquisition of Zynga for a total price of approximately $12.7 billion. Take-Two already owns Rockstar Games, Codemasters and 2K, producing games like Grand Theft Auto, Red Dead Redemption, Bioshock and... Continue reading at Engadget

[ Engadget | 2022-01-10 13:17:58 UTC ]
More news stories like this | News stories tagged with: #big move #rich history #publishing platform


5 great new thrillers and mysteries for your 2022 TBR pile

Escape the midwinter doldrums with new books by Lisa Gardner, Elizabeth George, Alafair Burke and more Continue reading at The Washington Post

[ The Washington Post | 2022-01-06 13:00:32 UTC ]
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OverDrive Reports More than Half a Billion Digital Library Loans in 2021

In exceeding more than 500 million annual lends for the first time, OverDrive's 2021 figures suggest the pandemic has, as librarians have suggested, raised demand for digital content in public libraries. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-01-05 05:00:00 UTC ]
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The Books Briefing: 5 Short Stories to Read This Weekend

Exploring the diversity of The Atlantic’s original fiction: Your weekly guide to the best in books Continue reading at The Atlantic

[ The Atlantic | 2021-12-31 15:24:18 UTC ]
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HarperCollins and Belton settle with Abramovich over Putin's People

HarperCollins and Catherine Belton have settled their dispute with Roman Abramovich over certain passages in Putin’s People (William Collins) about the reasons for the Russian billionaire's purchase of Chelsea Football Club.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-23 11:16:19 UTC ]
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Roman Abramovich settles libel claim over Putin biography

Russian oligarch ends his case against journalist Catherine Belton over her book Putin’s PeopleThe Russian oligarch Roman Abramovich has settled his libel claim against the journalist Catherine Belton over her best-selling book Putin’s People, after an agreement was reached late on Tuesday.The... Continue reading at The Guardian

[ The Guardian | 2021-12-22 11:36:02 UTC ]
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Little A lands McGowan's investigation into missing Dublin women

Claire McGowan’s true crime investigation, The Vanishing Triangle, has been acquired by Little A, the literary imprint of Amazon Publishing. Continue reading at The Bookseller

[ The Bookseller | 2021-12-15 16:24:14 UTC ]
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5 Books from a Cat’s Perspective on Human Nature, by Rachel Hubbard

Lit Lists The past year and a half of being stuck inside and working from home has led many of us to turn to our pets as consistent conversational companions. For some, we have even adopted the peculiar social practices of our furry friends. If you are... Continue reading at World Literature Today

[ World Literature Today | 2021-12-09 15:24:00 UTC ]
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This Vietnamese Publisher Is Expanding to Target 5 Million Ex-Pats in the US and Beyond

News and business digital publisher Vietcetera announced Friday a relaunch of its English-language International Edition, which aims to attract a readership of over 5 million Vietnamese ex-pats living in the U.S., Germany, France, Australia, Canada and the U.K. Based in Ho Chi Minh City,... Continue reading at AdWeek

[ AdWeek | 2021-11-24 06:00:00 UTC ]
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Zondervan’s ‘The Story’ Sells 5 Million Copies

'The Story,' which condenses the Bible into 21 chapters, has surpassed five million copies sold across all formats, 16 years after it was initially released by Zondervan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-09 05:00:00 UTC ]
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Trade predicts pressures on profits as costs rocket

The industry is facing an escalation in costs, as soaring energy prices and rising shipping fees add to the financial implications of distribution delays, with publishers, printers, analysts and retailers predicting pressure on profits and the likelihood of costs being passed on to consumers. Continue reading at The Bookseller

[ The Bookseller | 2021-10-29 15:37:05 UTC ]
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