BizJournals Portfolio
Mar 02 2009 4:31pm EDT

Late Breaks: Facebook, News Corp., Food mags

-Facebook has confirmed that it tried to buy Twitter last fall, but the deal fell apart when the two parties disagreed on the proper valuation of Facebook stock. [BW]

-Food magazines are catering to readers who no longer have the scratch for gourmet ingredients. [NYT] food mags

-Will Peter Chernin's exit result in Sun editor Rebekah Wade taking a higher executive position within News Corp.? [Guardian]. □


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