NEW YORK (AP) — Barry Diller’s IAC is buying Meredith, one of the country’s largest magazine companies and the publisher of People, Southern Living and InStyle, in hopes of accelerating a digital shift as print fades. IAC’s Dotdash, a collection of … [Continue reading] about Barry Diller’s IAC buying magazine co Meredith for $2B
CIA creates working group on China as threats keep rising
WASHINGTON (AP) — The CIA said Thursday it will create a top-level working group on China as part of a broad U.S. government effort focused on countering Beijing’s influence. The group will become one of fewer than a dozen mission centers operated … [Continue reading] about CIA creates working group on China as threats keep rising
Ex-CEO who oversaw doomed nuclear project sentenced
COLUMBIA, S.C. (AP) — A utility executive who repeatedly lied to keep investors pumping money into South Carolina’s $9 billion nuclear reactor debacle will spend two years in prison for fraud, a federal judge decided on Thursday. Former SCANA Corp. … [Continue reading] about Ex-CEO who oversaw doomed nuclear project sentenced
Russian court orders bailiffs to enforce fine on Facebook
MOSCOW (AP) — A Moscow court has ruled to enforce the collection of fines from Facebook for breaching Russian laws on illegal content, officials said Thursday. The Tagansky District Court in Russia’s capital ordered bailiffs to collect 26 million … [Continue reading] about Russian court orders bailiffs to enforce fine on Facebook
Nevada tech company asks to withdraw ‘Innovation Zones’ plan
CARSON CITY, Nev. (AP) — A company that asked Nevada to let it form its own local government on its vast land holdings in the desert no longer plans to build the experimental smart city that they said could transform Nevada into a global hub for … [Continue reading] about Nevada tech company asks to withdraw ‘Innovation Zones’ plan