Yahoo Wants Hulu, Too

AP

Marissa Mayer is coming for online video — and the ads that accompany it. Days after announcing its $1.1 billion acquisition of blogging platform Tumblr, Yaho has submitted a bid for Hulu. Now starts the bidding war, all $2 billion of it.

By Alexander Abad-Santos

Aug 15, 2012

Assembly (Hopefully) Not Required: Ikea Hotels Are on the Way

Ubiquitous "nice enough" furniture and lifestyles accessories company Ikea has announced that the next step in its plans for total global domination is no, not a better instructional manual or easier-to-assemble drawers, but rather a chain of budget design hotels.

Comments | 1,902 Views

By Adam Martin

Aug 15, 2012

Jonah Lehrer Gets a Second Chance from Wired

It's been just more than two weeks since Jonah Lehrer quit his post at The New Yorker after it emerged that he fabricated quotes in his book Imagine, but as Buzzfeed's Ben Smith and Reyhan Harmanci report, he's still got another gig within the Condé Nast publishing empire, at his old publication, Wired.

Comments | 3,621 Views

By Adam Martin

Aug 15, 2012

Carlyle Got a $3.3 Billion Bargain on Getty Images

The Carlyle Group's $3.3 billion purchase of Getty Images came in below the seller's target price, but it still represents the latest in a spending spree for the world's largest asset management firm.

Comments | 517 Views

By Adam Martin

Aug 14, 2012

New York Times Finds Its New CEO at the BBC

Mark Thompson, the former BBC director general, has been the rumored replacement for ousted New York Times Company CEO Janet Robinson since June, and on Tuesday afternoon it was made official.

Comments | 1,207 Views

By John Hudson

Aug 14, 2012

Standard Chartered Will Pay New York $340 Million

Executives at Standard Chartered may "strongly" deny they laundered $250 billion of Iranian government cash since 2001, but it seems they're still willing to cut a check to make the bad headlines go away.

Comments | 345 Views

By Alexander Abad-Santos

Aug 14, 2012

Actually, Bloomberg Businessweek Won't Scold You for Spritzers

It's okay to mix a little pleasure with business at Bloomberg Businessweek. After The Economist ran a short piece about "The boredom of boozeless business," the magazine was prompted to post a very funny correction about America's hippest weekly business magazine.

Comments | 1,819 Views

By Alexander Abad-Santos

Aug 14, 2012

Following Time and CNN, The Washington Post Suspends Zakaria

Buried in Paul Farhi's "is he wrong?" story about suspended Time columnist and CNN host Fareed Zakaria's failure to attribute quotes in his 2008 book The Post-American World, is the news that Zakaria's column won't be on The Washington Post's pages this month, as well as what appears to be Zakaria's first defense of his work.

Comments | 88,371 Views

By Dashiell Bennett

Aug 14, 2012

Chris Christie Picked to Give Keynote at the Republican Convention

New Jersey Governor Chris Christie has been given the most prominent speaking role at the Republican National Convention for anyone not named Ryan or Romney.

Comments | 317 Views

By John Hudson

Aug 13, 2012

Helen Gurley Brown, Groundbreaking Cosmopolitan Editor, Has Died at 90

Helen Gurley Brown, the former editor-in-chief of ​Cosmopolitan magazine and the woman most often credited with building it into an international empire, has died, according to the magazine's publisher, Hearst Corporation.

Comments | 2,414 Views

By John Hudson

Aug 13, 2012

Jamie Dimon Still Has Swagger to Spare

JPMorgan CEO Jamie Dimon may have spent months crusading against regulations that would've saved his bank some $6 billion in losses, but he's not going to stop crusading. Why not? Allow Dimon to explain: "It’s a free. Fucking. Country.

Comments | 1,555 Views

By Rebecca Greenfield

Aug 13, 2012

HuffPost Live: Like Watching Television with a Lot More Effort

Today The Huffington Post launched its web television operation, HuffPost Live, an online news video hub that asks a lot of the watcher compared to the average TV network. 

Comments | 564 Views

By Jen Doll

Aug 13, 2012

Drew Magary: What I Read

Drew Magary — Deadspin/Gawker columnist, GQ correspondent, and author of The Postmortalreally needs a smartphone.

Comments | 5,883 Views

By Esther Zuckerman

Aug 10, 2012

The New 'Red Dawn'; Meryl Streep Picks Her Men

Every day The Atlantic Wire highlights the video clips that truly earn your five minutes (or less) of attention.

Comments | 2,787 Views

By Alexander Abad-Santos

Aug 10, 2012

Fareed Zakaria Apologizes for 'Lapse'; Faces Time and CNN Suspensions

CNN host and Time Magazine columnist Fareed Zakaria's column has been suspended from Time and CNN after the writer was found to have borrowed too heavily from a feature on the NRA by Jill Lepore that ran in The New Yorker in April.

Comments | 122,511 Views

By Jen Doll

Aug 10, 2012

The Ryan Gosling Feminist Rebranding

Feminist Ryan Gosling, Feminist Theory (as Imagined) from Your Favorite Sensitive Movie Dudeby Danielle Henderson, a book that pairs "feminist statements" with photos of Ryan Gosling, is out on Tuesday. What happens when "feminism" goes viral?

Comments | 7,587 Views

By Eric Randall

Aug 9, 2012

Jay Penske Had a Rough Night on Nantucket

Jay Penske, CEO of Hollywood digital publishing company PMC, which owns Deadline.com among others, was arrested early Thursday morning along with his brother Mark after what the police report sketches out as a decidedly unglamorous evening on Nantucket.

Comments | 1,736 Views

By Adam Martin

Aug 9, 2012

The Times Expedites Its Response to Your Lolo Jones Complaints

The New York Times gets it, ok? It was too hard on LoLo Jones, so you can stop writing to complain now.

Comments | 3,884 Views

By Suevon Lee, ProPublica

Aug 9, 2012

The Telling Numbers That For-Profit Colleges Can't Defend

The for-profit higher education industry was the target of a bruising report issued last week. The industry responded and challenged several of the report's numbers. Here are all the telling numbers they didn't contest.

Comments | 2,658 Views

By Serena Dai

Aug 9, 2012

Happy Fifth Birthday, Financial Crisis!

It's been five years today since the economy went to crap, the Financial Times reports. While we'd like to say that so much as changed since then, a birthday is a birthday. So break out the cheap champagne (or tears, or something) and mull over these five reasons to have a little bit of hope.

Comments | 1,395 Views

By John Hudson

Aug 8, 2012

Hatebreed Is a Hateful Metal Band, Just Not That Kind of Hateful

CNN botched an exposé about white power rock bands by including the group Hatebreed (not a white power group) among a list of white supremacist bands. CNN eventually posted a correction but not before its fans made an impassioned defense: Sure this band has hate-filled songs, but not racist, white supremacist hate-filled songs!

Comments | 3,013 Views

By Adam Martin

Aug 8, 2012

News Corp's Earnings Are Grim, Especially For Print

News Corporation's less-than-stellar fourth quarter makes clear the company's reason for wanting to split its print and broadcast operations, as its publishing unit hemorrhaged money thanks in part to last year's News of the World phone-hacking scandal.

Comments | 345 Views

By Lois Beckett, ProPublica

Aug 8, 2012

Pandora Asks Listeners to Share Their Emails with Romney

Campaigns are using more and more sophisticated tactics to target voters. Case in point: One Pandora user got a pop-up asking if she would share her email with the Romney campaign.

Comments | 800 Views

By Alexander Abad-Santos

Aug 8, 2012

Someone's Willing to Pay $270 Million for About.com

AllThingsD's Peter Kafka reports that The New York Times Company is trying to unload the site which totally mucks up your search results About.com to Answers.com. While the purported price may sound like a lot, keep in mind that The Times initially paid $410 million in 2005 for the content farm which is at least a $140 million hit.

Comments | 1,051 Views

By John Hudson

Aug 8, 2012

Time for Blackwater to Change Its Name Again

America's least favorite mercenary firm got another black eye on Tuesday when it admitted to key facts behind 17 federal criminal charges.

Comments | 1,463 Views

By Elspeth Reeve

Aug 7, 2012

Blaming Obama for Drudge's Petreaus-as-Veep Story

If a puzzling political story shows up on the Drudge Report, you might be inclined to believe that Matt Drudge is looking to help Mitt Romney. But for conservatives pondering his report of David Petraeus being on the V.P. shortlist, this was some chicanery that goes all the way back to Obama.

Comments | 2,331 Views

By John Hudson

Aug 7, 2012

HCA Report: What Makes Seeing the Doctor So Scary

The idea that you can visit a doctor and become worse, seems like an outcome belonging to medieval times, but an investigation in The New York Times shows how profit incentives can drive hospitals to recommend more excessive procedures for patients even if the procedures are unnecessary and risky.

Comments | 479 Views

Facebook's New Social Gambling May Be Just the Boost It Needs

Facebook could find better growth for its slow-going Facebook Payments revenue line, after it debuts paid gambling games on its platform from Tuesday.

Comments | 659 Views

By John Hudson

Aug 6, 2012

Here's Why You Need to Know About HCA

It may not seem like it now, but the dealings of HCA Healthcare, the largest U.S. hospital operator, could be one of the biggest political stories of August.

Comments | 4,610 Views

By Adam Martin

Aug 6, 2012

Standard Chartered Could Lose New York License for Trading with Iran

The state of New York is accusing U.K.-based Standard Chartered Bank of secretly doing business with Iran, fraudulently racking up hundreds of millions of dollars in fees, all the while dismissing an executive's pleas to straighten out with a dismissal of "you f---ing Americans."

Comments | 475 Views

By Connor Simpson

Aug 4, 2012

Sheldon Adelson's Company Being Investigated Over Money Laundering Charges

GOP-donation machine Sheldon Adelson's casino company is being investigated over its role in two high-profile money laundering cases, according to the Wall Street Journal.

Comments | 3,078 Views

By Rebecca Greenfield

Aug 3, 2012

Selfish Silicon Valley Has a Higher than Average Unemployment Rate

All the success of the Silicon Valley start-up scene hasn't done much for the rest of the area's economy, which has a higher than unemployment rate than the national average.

Comments | 1,207 Views

By Adam Martin

Aug 3, 2012

Reuters Blogs Hacked with Fake Story About Syrian Rebel Retreat

Reuters became involved in the Syrian conflict in a way it didn't intend to on Friday, when someone hacked into its blogging site and published a fake post purporting to quote a Syrian rebel leader saying his forces were withdrawing from Aleppo.

Comments | 628 Views

By Adam Martin

Aug 2, 2012

Unsurprisingly, Huffington Post Makes Its Tablet Magazine Free

With an enormous website full of free content every day, it seems that asking readers to pay 99 cents per issue for a tablet magazine from Huffington Post always did seem like an incongruity, which is why AOL is offering the publication for free.

Comments | 1,897 Views

By John Hudson

Aug 2, 2012

Elizabeth Spiers Out as New York Observer Editor

Elizabeth Spiers, the founding editor of Gawker hired to give The New York Observer and its website a kick in the pants in 2011, is out as editor-in-chief, the weekly newspaper announced Thursday.

Comments | 1,912 Views

By Rebecca Greenfield

Aug 2, 2012

The Hacker Way Doesn't Always Win at Facebook

In a negotiation gone sour between Facebook and developer Dalton Caldwell, the tensions between the socia media giant's business and technological sides played out, and this time Mark Zuckerberg's "hacker way" lost. 

Comments | 1,035 Views

By John Hudson

Aug 2, 2012

Trading Firm Lost $10 Million a Minute Because of Computer Glitch

Did you catch the scary swings in the market yesterday? Turns out they were caused by a computer glitch that ended up costing a single trading firm $440 million.

Comments | 1,035 Views

By John Hudson

Aug 2, 2012

Ben Bernanke Is a Monetary Bob Dylan

Federal Reserve monetary policy decisions are BORING, but less so when compared to watershed cultural moments like Bob Dylan going electric.

Comments | 756 Views

By Adam Martin

Aug 2, 2012

Jobless Claims Up, But Still Better Than Expected

The weekly report of how many people are filing for unemployment benefits has been something of a seesaw all month, and the day before the national unemployment rate comes out they're up by 8,000 to 365,000, which still beat economists' expectations.

Comments | 172 Views

By John Hudson

Aug 2, 2012

Media Diet

Madeleine Albright: What I Read

The former secretary of State shares her scorn for anecdotal ledes and talk radio

Comments | 5,693 Views

By Rebecca Greenfield

Aug 1, 2012

HBO, Here Are Those Cord-Cutting Stats You Asked For

Time Warner will never offer HBO Go as a standalone streaming service because it's not what the people want, says CEO Jeff Bewkes, asking us to look at the data, which he claims proves there aren't that many cord-cutters.

Comments | 7,481 Views

By Adam Martin

Aug 1, 2012

NBC's OIympics Triumph: Not Losing $200 Million

NBC's ratings for the 2012 Olympics have been great, in spite of the complaints about its delayed coverage, and on Wednesday the network announced perhaps its biggest triumph yet: It's going to break even broadcasting it.

Comments | 401 Views

By Adam Martin

Aug 1, 2012

ADP Report Shows 163,000 Jobs Added, If You Can Believe It

It's tempting to be optimistic about Wednesday's report by the payroll firm ADP, that showed the private sector added 163,000 jobs in July and beat analysts' expectations of 120,000, but that report has been pretty far from the official figures of late.

Comments | 1,265 Views

By Eric Randall

Aug 1, 2012

Media Diet

Gail Collins: What I Read

Gail Collins, New York Times columnist and author most recently of As Texas Goes... buys three newspapers every morning and hopes Jon Stewart won't scoop her at night.

Comments | 5,173 Views

By Adam Martin

Jul 31, 2012

Rupert Murdoch's The Daily Cuts Staff

In the harshest referendum yet about the success of News Corporation's tablet newspaper The Daily, the publication, which launched in 2011, is laying off 50 of its 170 employees, All Things Digital's Peter Kafka reports.

Comments | 345 Views

By Serena Dai

Jul 31, 2012

Chart of the Day

How Long Will You Have to Wait for a New iPhone?

If you look at the amount of time between iPhone releases in the past, you get an average of 298 days, according to numbers complied by MacRumors. Well, we hit that landmark. It has now been 301 days since the release of the iPhone 4S. It is now okay to whine.

Comments | 1,420 Views

By Adam Martin

Jul 31, 2012

NBC Says Twitter Instigated Journalist's Suspension

The saga of Guy Adams, the Independent journalist suspended from Twitter after a series of tweets critical of NBC, took an insidious turn on Tuesday as NBC claimed it filed its complaint about Adams at Twitter's behest.

Comments | 657 Views

By John Hudson

Jul 31, 2012

Jayson Blair Says the Internet Did Jonah Lehrer In

Master plagiarist Jayson Blair has something to say about self-plagiarist and quote fabricator Jonah Lehrer: He probably wouldn't be in this mess if it wasn't for the Internet.

Comments | 852 Views

By Rebecca Greenfield

Jul 31, 2012

Apple Can Buy Twitter, RIM, and Sprint and Still Have Billions

Fantasizing about how Apple could spend its $117 billion cash mound leads to one astounding conclusion: The company has more money than it could ever spend—even if it went on an extravagant tech company shopping spree. 

Comments | 1,302 Views

By Rebecca Greenfield

Jul 30, 2012

Interim CEO Ross Levinsohn Is Leaving Yahoo Without a Job

As expected, Yahoo acting CEO Ross Levinsohn has left the company after the former Googler Marissa Mayer took the job he was supposed to inherit, reports AllThingsD's Kara Swisher.

Comments | 690 Views

By Adam Martin

Jul 30, 2012

Twitter Suspended a Critic of NBC For Sharing NBC Executive's Email

Twitter suspended the account of a journalist who was one of the loudest voices criticizing NBC's Olympics coverage, after NBC complained he'd inappropriately shared the personal information of one of its executives.

Comments | 3,541 Views

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