|Bid||12.42 x 800|
|Ask||12.43 x 1100|
|Day's Range||11.87 - 12.59|
|52 Week Range||11.38 - 15.36|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.20 (1.57%)|
|Ex-Dividend Date||Mar 09, 2020|
|1y Target Est||N/A|
(Bloomberg) -- Alphabet Inc.’s Google has reached a settlement with state attorneys general over the states’ use of consultants in their antitrust investigation of the internet search giant.Google in October went to court to restrict the Texas Attorney General’s office from disclosing sensitive information to consultants who have worked for competitors and other companies such as News Corp. and Microsoft Corp that have complained about Google to regulators.Both sides reached a settlement that places some restrictions on how the experts can access confidential business information, Google said on Friday.Google had raised concerns over Texas Attorney General Ken Paxton’s hiring of consultants including Cristina Caffarra, an economist with Charles River Associates. She has worked for Google adversaries News Corp. and Microsoft as well as Russia’s Yandex NV, according to court filings.“We remain concerned with the irregular way this investigation is proceeding, including unusual arrangements with advisers who work for our rivals and vocal critics,” Google said in a statement.Paxton later released a statement saying, “With this agreement, experts retained by the state will not be burdened with the unreasonable prohibitions sought by Google. They will be able to lend their important expertise to the state without fear of being frozen out of other employment within their field.”(Updates with Paxton statement, in final paragraph.)To contact the reporters on this story: David McLaughlin in Washington at firstname.lastname@example.org;Ben Brody in Washington, D.C. at email@example.comTo contact the editors responsible for this story: Sara Forden at firstname.lastname@example.org, John HarneyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The nation's record low housing inventory is making shopping for a home in Buffalo and Rochester, N.Y., Columbus, Ohio, and Salt Lake City feel more like the tech hubs of San Francisco, Silicon Valley and Seattle, according to a new analysis issued today by realtor.com® that ranks the toughest and easiest markets to find a home.
ALVIN, Texas, Feb. 17, 2020 Realtor.com® and Veterans United Home Loans announced that recently retired U.S. Marine Corps Veteran, Sgt. Jennifer Robinson has won the $100,000 prize (less tax withholding) in the Veterans United Home Loans and Realtor.com® New Home for the Holidays Veteran Homebuyer Giveaway Sweepstakes.
(Bloomberg) -- Alphabet Inc.’s Google is in discussions with publishers about paying licensing fees to include excerpts of their articles in Google News search results.The early-stage talks are taking place primarily with French and other European publishers, and may not lead to any agreements, a person familiar with the matter said. A deal would apply only to news products like the Google News vertical, they added, not general web content queries.Google sparked an outcry in France last fall after it said it would show stripped-down French news search results that wouldn’t include article previews or snippets following a new copyright law.It led French publishers and officials, who had hoped to win compensation from platforms as part of the new law, to accuse the search giant of strong-arming them. French antitrust regulators at the time said they would investigate Google over its implementation of the rules.News executives have been calling on Facebook Inc. and Google to pay for the rights to host their articles. They argue that their journalism is what’s drawing users to those platforms, while the two tech giants are capturing most of the online ad dollars.Richard Gingras, Google’s vice president of news, said helping people find quality journalism is “important to informed democracy and helps support a sustainable news industry.”“We’re talking with partners and looking at more ways to expand our ongoing work with publishers,” he added.In Europe, Google’s rocky relationships with publishers have led to legal action, long European Union antitrust investigations and an EU copyright directive that allows news outlets to seek payment from internet sites that display their articles. France was the first country to implement the new rules.In October, Facebook introduced a separate news section in its flagship app and agreed to pay some publishers $1 million to $3 million a year to put their articles in it.In an earnings call last week, News Corp. Chief Executive Officer Robert Thomson mentioned Google by name, saying there are “positive signs” the search company’s CEO Sundar Pichai “has a thoughtful appreciation for the profound social influence of high quality journalism.”The Wall Street Journal reported the discussions earlier.To contact the reporters on this story: Natalia Drozdiak in Brussels at email@example.com;Gerry Smith in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Nate Lanxon, Molly SchuetzFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
What makes someone fall in love with a home? Across the U.S., people swoon over fabulous pools, stunning water views and ever-sexy storage space, but a new analysis released today by realtor.com® reveals what really makes home shoppers' hearts skip a beat. Realtor.com® analyzed keyword home search data in each U.S. state to determine regional must-have features when searching for a home.
News Corp has announced that Dow Jones has set a new record of 3.5 million subscriptions and The Wall Street Journal crossed the 2 million digital subscriptions mark for the first time.
National housing inventory declined 13.6 percent in January, the steepest year-over-year decrease in more than 4 years, pushing the supply of for sale homes in the U.S. to its lowest level since realtor.com® began tracking the data in 2012, according to the website's January Monthly Housing Trends Report released today.
News Corporation ("News Corp" or the "Company") (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) today reported financial results for the three months ended December 31, 2019.
Nearly 70 percent of Realtors® volunteer in their community each month, according to the National Association of Realtors®' Community Aid and Real Estate report, released in December 2018. As part of NAR's commitment to supporting the humanitarian efforts of its 1.4 million members, the association announced today that it has begun accepting applications for the 2020 Good Neighbor Awards -- recognizing Realtors® who have made an extraordinary impact through volunteer service.
News Corp on Wednesday launched a free news aggregation service, Knewz, to address its long-held criticism of how Google and Facebook treat publishers and journalists. The service uses artificial intelligence to scan more than 400 national and local news sources across the political spectrum - including Mother Jones, Washington Examiner, and The Nation - and relies on a small team of editors and technical staff to curate articles.
News will be transformed by Knewz. The launch of Knewz.com today means that readers can find the latest news from the widest variety of sources, free of filter bubbles and narrow-minded nonsense.
The oldest members of Gen Z are beginning to enter the homebuying stage of their lives, but they will have to compete with the might of the millennial generation for the nation's depleted inventory of entry level homes. Gen Z, the oldest of whom turned 22 in 2019, currently make up 2 percent of mortgages, according to realtor.com®'s Fourth Quarter 2019 Generation Propensity Report, but that number will continue to grow as the generation ages and their earning potential increases.
News Corp will release its second quarter Fiscal 2020 results on Thursday, February 6, 2020. News Corp Chief Executive Robert Thomson and Chief Financial Officer Susan Panuccio will host a call with analysts and media to discuss the results at 5:30 p.m EST (Sydney: Friday, February 7, at 9:30 a.m. AEDT). Reporters are invited to join the call on a listen-only basis.
As the new decade begins with a strong economy and low interest rates, home buyers still face a big hurdle -- extremely low inventory. An analysis released today by realtor.com® found that the 5.9 million single family homes that were built between 2012 and 2019 are simply not enough to offset the 9.8 million new households formed during that time.
James Murdoch, the youngest son of News Corp founder Rupert Murdoch, and his activist wife Kathryn, have been critical of what they believe is man-made climate change denial within fire coverage and commentary in the Australian newspapers and global outlets owned by the media empire.
Rupert Murdoch’s Australian outlets have committed all manner of sins in their coverage of the country’s devastating bushfires, critics say. Falsely peddled the argument that arson is a major contributor to the crisis, including publishing misleading information about the number of arson-related bushfire arrests, and downplayed the role of climate change. This week, a senior News Corp employee sent an all-staff email calling for the falsehoods to stop.
(Bloomberg) -- Senate Majority Leader Mitch McConnell is cosponsoring a bipartisan bill that would help news publishers jointly negotiate with internet platforms such as Facebook Inc. and Alphabet Inc.’s Google.The Kentucky Republican added his support to the bill on Monday, according to Congress’s website. The legislation would grant publishers a four-year exemption from antitrust laws so they could negotiate financial terms with the tech giants that often serve as a gateway for readers and online advertisers.McConnell’s support arrives as the companies increasingly come under fire in Washington on issues ranging from privacy to election interference. They have also been accused of controlling too much of the advertising market, to the detriment of news outlets who rely on the companies to reach advertisers and their audiences.The bill, which has seven Senate supporters in total, was introduced by Senators John Kennedy, a Louisiana Republican, and Amy Klobuchar, a Minnesota Democrat. A companion measure in the House was introduced by the chairman of the antitrust subcommittee, Democratic Representative David Cicilline of Rhode Island, and the Judiciary Committee’s top Republican, Representative Doug Collins of Georgia.Last month, two additional senators, Cory Booker, a New Jersey Democrat, and Rand Paul, a Kentucky Republican also signed onto the legislation.David Chavern, president of the News Media Alliance, a trade group for publishers that supports the bill, said the latest sponsorships suggest the proposal is gaining momentum.“There is bipartisan concern about the future of local news,” said Chavern, whose group counts the New York Times, the Washington Post and News Corp. as members. “Local news in particular needs to find its way to a new economic model and that economical model runs through Google and Facebook.”Bloomberg News does not belong to the publishers’ group.In response to criticism in recent years, tech companies have been making changes to the way they handle news content. Last year, Facebook introduced a separate news section in its flagship app, offering users more control over articles they see and providing money to the publishers whose stories are featured. Google has said it drives readers to publishers’ websites and has created new programs to improve advertising and technology practices of media companies.Representatives for Google and Facebook did not immediately comment on McConnell’s move. Both companies have lobbied on the measure, as has News Corp., according to disclosures with Congress.Carl Szabo, vice president of the tech trade group NetChoice, which counts Facebook and Google as members, said the measure would be “absurd” and urged lawmakers to reject it.“If passed, an antitrust exemption would likely only cement media cartels dominated by the likes of Rupert Murdoch, not local journalists,” said Szabo, referring to the founder of News Corp.To contact the reporters on this story: Ben Brody in Washington, D.C. at firstname.lastname@example.org;Naomi Nix in Washington at email@example.comTo contact the editors responsible for this story: Sara Forden at firstname.lastname@example.org, Elizabeth Wasserman, Jon MorganFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
December saw the largest year-over-year decline of housing inventory in almost three years with a dramatic 12 percent decline, pushing the number of homes for sale in the U.S. to the lowest level since January 2018 according to the December 2019 Housing Trends report released today by realtor.com®.