Business

US news site Axios agrees to $525 mn buyout

US news website Axios, which has shot to prominence since its 2016 founding, has agreed to a $525 million deal to sell itself to US telecom group Cox Enterprises, the firms said Monday.

Business

For-profit media model has collapsed, expert says

The for-profit media model has collapsed, and newspapers have not been able to craft a digital response, says Penelope Abernathy, former vice-president of the Wall Street Journal and New York Times, and a University of North ...

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