Thursday 25 October 2007

E-paper could be out in 2009

Japanese corporation Bridgestone has revealed its latest product - full-colour, bendable e-paper - which could be available as early as 2009.

The company has created a 0.29mm-thick, and 20sq cm measured display, which is able to show 4,096 colours.

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BusinessWeek: Will Metro be dethroned?

Will Metro International, the “Free Dailies King” be dethroned by other free dailies following in its footsteps?

BusinessWeek talked to analysts who say that this may be so, as competitors usually have businesses outside free dailies to fall back on. Not so with Metro.

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Analyst: Newspapers will rebound but not until 2012

Wall Street analyst Paul Ginocchio has predicted that big metro papers will bounce back, but not until 2012.

The Deutsche Bank Securities analyst warned that if earnings do turn into black again, they'll be in margins far below the levels newspapers used to have in the 1990s.

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News International invests millions in Globrix

News International is investing millions of pounds in the property search engine Globrix, expected to launch in November.

Globrix searches across several property sites and locates all properties available in the United Kingdom. It will use the funding from News International to become a top property search site within its first year, News International reported Thursday.

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Scripps reports overall revenue, profit growth

The E.W. Scripps Company reported third-quarter operating results Thursday, showing strong revenue and segment profit growth at Scripps Networks, which includes Food Network, HGTV and other national television networks.

The company's third-quarter revenue was $596 million, compared to $583 million the same period last year, PR Newswire reported.

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'Journalist' listed among 21st century's worst jobs

Journalists, textile workers, file clerks, computer programmers and photo lab technicians are all on the U.S. government's list of endangered career paths in the 21st century, MSNBC reported.

Despite the numbers of media outlets increasing, newspapers, where most U.S. reporters work, will have to cut costs and jobs as digital media increases and print weakens, the U.S. Labor Department says.

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Microsoft wins Facebook stake for $240 million

Microsoft Corp. Wednesday announced its $240 million investment in a 1.6 percent stake in Facebook, a deal which places a $15 billion valuation on the three-year-old social network. By beating out Google after lengthy lobbying, Microsoft won exclusive global rights to sell third-party banner advertisings on the social networking site.

Microsoft has been able to sell ads on Facebook in the United States since August 2006. This move to expand to global market, however, is critical because 60 percent of Facebook’s 50 million registered users are overseas.

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ACAP to be unveiled at November conference

A new standard to protect the intellectual property of anyone wishing to make content available on the Internet will be unveiled at a conference in New York next month after a year-long pilot project spearheaded by leading publishing groups from around the globe.

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