News Corp. CEO Murdoch said traditional newspaper and television advertising markets are picking up, but they still must devise new strategies to compete with Internet ads and free online news." />
Gabe Rivera, founder of news aggregator Techmeme. Credit: Mark Milian/Los Angeles Times.Don't tell News Corp.'s Rupert Murdoch, but technology news aggregator Techmeme is raking in profits. Rather than visiting the front pages of every newspaper or choosing a few out of brand loyalty, as Murdoch hopes consumers will do, aggregators put all of the Web's big headlines of the moment onto one page. There's no shortage in news aggregation. General news readers might go to Google News, a computer-generated engine that pulls in more than 25,000 newspaper websites and authoritative blogs. Left-leaning political consumers might visit the Huffington Post; right-leaning...
Escalating the battle between traditional newspapers and online news providers, media mogul Rupert Murdoch lashed out at Google Inc. and other Web companies Tuesday, accusing them of looting news articles and contributing to the industry's decline.