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Australian business news digest - May 21

Sun, 20 May 2012 14:09:04 -0700
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.
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Social media bring business, but add security quagmire

Thu, 17 May 2012 14:50:53 -0700
Social media - Facebook, Twitter, LinkedIn, Google+ and so forth - has become a way of life for companies and their employees to interact with the public, but beating back the fraudsters that try to prey on customers, not to mention keeping employees from spilling sensitive data, is becoming a full-time job for many.
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ITAR TASS, Russia's Oldest and Most Prestigious News Provider, Becomes Official Information Newswire Sponsor for ...

Sun, 20 May 2012 13:51:03 -0700
MOSCOW -- EuraMedia Summit 2012, scheduled to take place in Boston from June 13th to 16th 2012, announced that ITAR TASS information agency will be its general Russian media partner.
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China's Bo Xilai scandal revs up news media run by exiles

Fri, 18 May 2012 06:57:10 -0700
The scandal involving fallen politician Bo Xilai and his wife gives news outlets run by Chinese exiles a lot of ammunition against the Communist Party. BEIJING — "Beijing power struggle heralds end of China Communist Party," screams one headline.
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Twitter tiptoes further into the media business

Mon, 14 May 2012 15:00:34 -0700
Twitter describes itself as an information network rather than a media entity, but it is making some interesting moves into the content business, including hiring a sports producer to curate content and ...
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VeriFone Media Brings Sky News into London’s Taxis

Wed, 16 May 2012 03:05:41 -0700
LONDON--(BUSINESS WIRE)--VeriFone announced an agreement with Sky News to broadcast news bulletins in London's iconic licensed taxis. VNET’s TaxiTV now spans more than ten major media markets across the Atlantic.
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Morning News, Media General papers sold to Berkshire Hathaway

Thu, 17 May 2012 05:03:36 -0700
RICHMOND, Va. - Media General, Inc. (NYSE: MEG) today announced that it has signed agreements with Berkshire Hathaway, Inc., (NYSE: BRK.A and BRK.B) for the purchase of newspapers and new financing.
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Indept. News &Media - Interim Management Statement

Thu, 17 May 2012 23:53:13 -0700
 INM ISSUES INTERIM MANAGEMENT STATEMENT Ticker: (Bloomberg) INM.ID/ INM.LN and (Reuters) INME.I/ INME.L Dublin/London 18 th May 2012 : Independent News ∓ Media PLC ('INM' or the 'Group') today issued ...
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News Corp bid for BSkyB could cause shareholder battle

Sun, 20 May 2012 10:18:32 -0700
Rupert Murdoch will face a battle with shareholders if his media holding company News Corp makes another attempt to take full ownership of BSkyB, one of the broadcaster’s most significant long-term investors ...
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The Week's Top Twenty in Social Media

Fri, 18 May 2012 08:35:27 -0700
The social media sphere is an increasingly noisy place, especially for brands. But hiding somewhere in the static are strong signals from companies reaching their customers in innovative ways. The Social Business Index from Dachis Group provides a (free) real-time ranking of more than 30,000 global brands based on their social performance. Every week we're taking a tally of who's getting heard ...
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