» Hearst Corporation to Acquire Kaboodle, Inc.
Hearst Corporation announced that it will acquire the social shopping community site Kaboodle.

"Kaboodle is a rapidly growing business in a distinctive and fascinating space," said Bronfin. "We are delighted to become a significant player in
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» US newspaper groups form online advertising venture
Four leading US media companies have created a new online ad network to attract premium advertisers to compete with Google Inc and Yahoo Inc.

Investors in the new network, called quadrantONE, include Tribune Company, Gannett Co Inc, Hearst Corpor
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