Reuters and Nokia Research Center (NRC) are teaming up on a mobile journalism project that could change how journalists file news when they're on the go.

The new mobile application is based on a lightweight toolkit that gives journalists everything they need to file and publish news from the most remote regions in the world. It is the first project the NRC and Reuters are showcasing after collaborating on long-term research, PR Newswire reported.

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In Asia, South Korea is the country with highest Internet penetration, beating even Japan, while China has the most monthly unique users but the Internet reach is still very low, according to the “China: Online Overview” report from eMarketer.

South Korea, Australia and New Zealand are the top three countries with Internet penetration over 60 percent, while China and India lag far behind, with the online reach of merely nine and three percent, respectively.

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HT Media Ltd. and The Wall Street Journal's joint venture, Mint, is set to launch its third edition in Bangalore in the next month, an expansion that comes within eight months of being launched, Agencyfaqs reported Tuesday.

Mint is the fifth business daily to hit newsstands in India, and the third from media giant HT.

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Fairfax Media is closing its printing press in Warrnambool, in Victoria's south west, causing up to 20 job losses there.

The closing is part of an effort to combine the company's regional printing plants, ABC News in Australia reported.

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MediaNews Group Inc. announced Monday that Hearst Corp. bought its stake for $317 million as part of a deal between these two private publishing groups involving several papers in San Francisco area.

According to the terms of the deal, which was first announced last year and completed Friday, MediaNews picked up newspapers that Hearst acquired from McClatchy Co. as an exchange for Hearst’s 31 percent interest in MediaNews's operations outside the Bay Area.

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Billionaire Sam Zell, who plans to buy the Tribune Company, told a group of newspaper executives Monday that part of the industry's problems are due to complacency, comparing the industry to Nero fiddling while Rome burned, the Canadian Press reported.

“I think the newspaper industry has stood there and watched while other media enterprises have taken our bacon and run with it,” he told the Inland Press Association. “It's too much complacency.”

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The New York Times Company announced Tuesday that total revenues from continuing operations were up five percent in September compared with the same period last year.

Ad revenues increased 5.5 percent and circulation revenues rose 4.1 percent.

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