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POPSThe NYT's Bottomless Newsroom Didn't the NYT just have this painful, public bloodletting where they decried having to let some 100 people in the newsroom go? Wasn't there industry wide hand-wringing over what it all meant to democracy? Or was all of that just an excuse to trim outside their "jobs for life" union agreement? You make the call.
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POPSYang Reacts To Yahoo Stock Smackdown No, he really really really wants to sell the company. Just ask him. It's Ballmer's fault, see, not his. Don't blame him. He didn't do it. He was ready to do the deal. Honest.
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POPSToday's Super-Wacky Plan To Save Newspapers Wow. This is really silly. First a "Newseum" now this plan, akin to holding a telethon for the telegraph because you're a huge fan of morse code. Time to stop trying to save a distribution technology fewer and fewer consumers want and time for the industry to focus on creating useful, excellent information and delivering it in a better way -- one people will pay for.
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POPSCJR's Alternate Reality Holy cow! What a strikingly naive misreading of Rupert Murdoch. Remember? he's the guy who built a printing plant in secret to break labor's hold on the London Times, and, consequently demolished Fleet Street. If these dudes want to go toe to toe with Murdoch, good luck. Goad them into it from the cheep seats and let the games begin.
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POPSReport: Murdoch Close To Newsday Deal Looks like News Corp. has won the derby to take control of Long Island's hometown paper and find economies of scale by potentially combining some operations with the money-losing Post. And Sam Zell gets to keep his leaking ship afloat for a while longer.
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POPSWith Win, Patrick's Brand Set To Soar With her first Indy Car win this weekend in Japan Danica Patrick proves herself a Sharapova rather than a Kournikova. Should be a big step for her brand, but she's got a ways to go to lap Sharapova. Last we checked the court queen was the higest-paid woman in sports, coming in on our ranking coming in 25th on our athlete pay list despite raking in $23 million.
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POPSWall Street's Age Of Machines Interesting take on why the economic slowdown hasn't turned into a trading slowdown. Quants and machine trading and the ability to bet on almost anything have transformed the business.
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POPSNeutron Loans Why anyone would take out a loan like this is beyond reason, unless the point was pure speculation that the market would keep zooming forever.
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POPSNYT Biz Section Wakes To Discover Newspapers Are In Trouble All the bad news that's fit to print...a touch late. If you follow the industry, you know everything in here -- one piece of data, the reduction in the amount of newsprint being used, was interesting. Overall, though, this is as pessimistic as and reactionary as it gets and offers zero solutions for investors, publishers, advertisers or editors. Bottom line: not all papers will survive. Wall Street has known that for years. Now it seems the newspaper industry may be figuring it out as well. The industry's best -- Wash Post, Scripps -- figured out long ago what they would need to survive. And they will.
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POPSBOE Cuts Rates Throughout the recent global economic freakout King has moved slower and more deliberately than Bernanke. This move is more measured, and leaves more bullets in the BOE's gun if something really bad happens and they need to react.
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