Dow Jones Accepts Murdoch’s Bid

The verdict is finally in from the Bancroft family, and it means good news for Rupert Murdoch’s News Corporation. After months of negotiations, Dow Jones and Company accepted Murdoch’s offer last night. Murdoch’s News Corporation announced today it will purchase Dow Jones for $5.6 billion. Tune in to WebProNews for the very latest on this story.

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Mobile Ads Show Google The Money
By David A. Utter

File this one under billionaires squabbling with billionaires. Google has offered the hand of friendship, in the form of search and other mobile applications, to the wireless industry.

The Wall Street Journal cited Google's top executive on the concupiscent passion the company has for mobile devices:

"What's interesting about the ads in the mobile phone is that they are twice as profitable or more than the nonmobile phone ads because they're more personal," said Google Chief Executive Eric Schmidt at the D: All Things Digital conference in May.

A partnership between wireless companies and Google should be a no-brainer. The wireless industry receives useful applications and Google's industry-dominant search on their phones, customers benefit from those applications, and Google makes some money on advertising.


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