The New York Times Co said on Wednesday it would cut jobs to lower costs and invest the savings in its "digital future" as advertising revenue from its print business dwindles, sending the company's shares up 7 per cent.
The New York Times Co has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox baseball team, John W. Henry, for $70 million in cash, ending its 20-year ownership of the paper.
The transaction announced on
The New York Times said on Thursday that Chinese hackers had "persistently" attacked its computers over the past four months since the paper published a story on Premier Wen Jiabao, but sensitive material related to the report was not
Foreign news agencies to verify the truth when reporting on Bahrain’s affairs, said a senior government official.
Minister of State for Information Affairs and government spokesperson Sameera Rajab also said they must obtain
Some 8 million people received emails from the New York Times on Wednesday offering a special discount if they would reconsider their decision to cancel their subscriptions.
The trouble is, the offer was supposed to go to only about 300 p
The body of Al Qaeda leader Osama bin Laden was taken to Afghanistan after he was killed in Pakistan and was later buried at sea, the New York Times reported on Monday.
Earlier, bin Laden was killed in a firefight with US forces in Pakista