Apple, the world’s most valuable company, will be calculated in the Dow Jones Industrial Average index starting later this month, the Wall Street Journal reported on Friday. The move has been a long time coming, and was likely made possible by last year’s 7-for-1 stock split which significantly reduced the per-share price of Apple, making it easier to fold into the price-weighted blue chip index. [company]Apple[/company] will replace [company]AT&T[/company] in the prestigious group of thirty major American companies. Apple is currently traded on the Nasdaq and shares were trading at $125.41 at the time of publication.
Stephen Orban, a former CIO at Dow Jones and a Bloomberg veteran as well, brings an enterprise worldview with him to Amazon Web Services.
As the balance of power in digital media continues to shift, the founders of All Things Digital are said to be looking at other offers from financial partners that could value the company at more than $40 million.
Dow Jones is betting on tech investments to wield together a sprawling swarm of products — including the Wall Street Journal as well as research and data products — and compete with Bloomberg.
News Corp’s share price is soaring as investors cheer reports that the giant company is planning to spin off its $8 billion publishing division. News Corp analysts we talked with, not surprisingly, like the idea of a restructured News Corp — but interestingly, they’re also optimistic about the prospects of a stand-alone publishing corporation.
Plagued by declining ad pages and dollars, SmartMoney, the Wall Street Journal’s twenty-year-old personal finance magazine, is ceasing print production and going online-only. Twenty-five print staffers are losing their jobs while the digital editorial team expands to 15..
The Wall Street Journal’s full-throttle video ambitions now extend to a new website that brings together a once disparate series of streams.
One of the few remaining fixtures from Dow Jones’ pre-News Corp days has moved on. Dow Jones announced today that President Todd Larsen has resigned, ending his two-year tenure at that position and 13 overall years at the company.
As newspapers lock content behind paywalls, marketers are opening that same content right back up again through campaigns that provide reade…
The Wall Street Journal (NSDQ: NWS) is running a 24-hour “Digital Open House.” For today, all subscriber content on the website, mobile site…