Facebook is denying it illegally breached the privacy of its users in a proposed $9.5 million settlement to a class action challenging its program that monitored and published what users of the social-networking site were buying or renting from Blockbuster, Overstock and other locations.
While some media companies are narrowing their exposure to newspapers, Honolulu Star-Bulletin majority owner David Black is demonstrating his continued bullishness on print media with a bid to buy Canwest LP's chain of daily newspapers.
If Black's bid to buy Canwest's newspapers is successful, it would make him the largest newspaper magnate in Canada. Most of Black's newspapers are small weeklies in western Canada. In addition to the Star-Bulletin, Black's U.S. newspapers include the Ohio-based Akron Beacon Journal.