Notable News from the Tech World

The Dow Jones Industrial Average was reshuffled this morning, as one of the largest companies in the U.S., General Motors, filed for bankruptcy protection. GM and Citigroup are out of the DJIA, but Travelers Insurance and networking giant Cisco are in. Cisco joins HP, IBM, Intel, Microsoft, AT&T and Verizon as the tech representatives on the prestigious index.

Notable Quote

“There’s a case that newspapers rushing on to the Web to try and get a bigger audience and get more attention for themselves have damaged themselves. Now they’re going to have to pull back from that and say ‘Hey, we’re going to charge for this.’” — News Corp. Chairman Rupert Murdoch in an interview with his Fox Business Network, on the future of newspapers.

Notable News