Monday 18 April 2016

Weekly New/Digital Media homework Week 28

WEEK 28


DMGT is seeking to build on its expansion in the US by acquiring part of Yahoo.

  • Daily Mail and General Trust aims to take on news and media properties if a private equity company strikes a deal
  • The publisher of the Daily Mail has confirmed it is in talks with private equity companies about a takeover of Yahoo.
  • Ailing tech firm Yahoo, which has a market capitalisation of $38bn (£27bn), put its core business up for sale in February with bids due by 18 April.
  • The US has become the Daily Mail’s prime driver of digital growth, with revenues growing 66% in the three months to the end of December.

Will the industry follow up on public actions with a prolonged commitment to redressing the bias that exists?
  • Technology might like to think of itself as the antithesis of the stuffy east coast old boys’ network, but really it’s just a reimagined, west coast version of it
  • For decades, the research has been demonstrating the advantages of diversity. It isn’t just that people from a variety of backgrounds bring different kinds of information and ways of thinking to the table, it’s the fact that when we have to deal with people who aren’t just like us
  • Technology’s gender problem has long attracted attention and is getting more scrutiny, with activist investor Arjuna Capital demanding that companies such as Amazon and Microsoft (whose CEO, Satya Nadella, earned renown for suggesting that women not demand raises but simply wait for karma to deliver them) disclose data on how differently men and women are paid for doing similar jobs.
  • But the diversity problem is just as deeply rooted, and there is little to no momentum. Indeed, if some of the news from Twitter is anything to go by, it’s all going in reverse.

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