As gatekeepers to the news, Google and Facebook pose dangers to even the most successful outlets. Legislators need to speed the process of bringing them to heelAfter Europe’s top monopoly buster Margrethe Vestager fined Google more than $5bn for abusing its dominance over mobile phone technology, it’s tempting to relax about the power of big tech. Not only is there a cop watching these giants, she’s carrying a really big stick.But this week’s firing by the New York Daily News of half the paper’s staff shines a different light on the matter. The reason given by the publisher – a sharp decline in revenue – is largely the result of Google abusing its monopoly over online advertising, in tandem with Facebook. Vestager’s move against Android does nothing to protect the free press in Europe or America. This means it’s time for other regulators and legislators in America and in Europe to speed the process of bringing Google to heel. Related: New York Daily News cuts half of its newsroom staff The number of people working in America’s newsrooms dropped from more than 400,000 in 2001 to fewer than 185,000 today Related: How to fix big tech? We need the right language to describe it first | Marc DaCosta Barry Lynn is the executive director of the Open Markets Institute Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2018-07-26 00:00:00 UTC ]
BuzzFeed, the fast-growing media site, and GroupM, the world's largest buyer of online advertising, announced a partnership Thursday that underscores the rising lure of digital publishing to leading brands. Continue reading at Los Angeles Times
[ Los Angeles Times | 2015-08-27 00:00:00 UTC ]
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Cambridge University Press saw sales rise 5% year-on-year at constant currency rates to £269m in the year ended April 2015, according to its latest annual report. The increase reflected "significant" expansion in its Education division, which was offset by lower increases in Academic. However... Continue reading at The Bookseller
[ The Bookseller | 2015-07-28 00:00:00 UTC ]
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USA Today, which is being spun off from Gannett Co. along with the rest of the company's publishing business, fired as many as 70 employees today across all departments, according to a person familiar with the newspaper's plans.About half of the jobs were in the newsroom and accounted for about... Continue reading at Advertising Age
[ Advertising Age | 2014-09-04 00:00:00 UTC ]
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IBM is alleging that Twitter has infringed on its patents, including one that would seem to give the computing giant status as an inventor of online advertising.Revealed in a Twitter filing to the Securities and Exchange Commission this morning, IBM is claiming that Twitter has infringed on at... Continue reading at Advertising Age
[ Advertising Age | 2013-11-05 00:00:00 UTC ]
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Written By: Tom Holman Publication Date: Mon, 17/10/2011 - 08:30 More than half of people working in the industry think sales of ebooks will overtake those of their printed counterparts by the end of this decade. read more Continue reading at The Bookseller
[ The Bookseller | 2011-10-17 00:00:00 UTC ]
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