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Why Axel Springer may snap up Business Insider
media

Why Axel Springer may snap up Business Insider

German publishing giant Axel Springer is rumoured to have its sights set on a $560 million (around €500 million) deal to buy online news source Business Insider (BI). One expert tells The Local that it's an obvious next step in the company's drive to stay ahead of the news game.
Top-selling 'Bild' tabloid to slash staff figures
online

Top-selling 'Bild' tabloid to slash staff figures

Top German tabloid <i>Bild</i> could cut up to 200 jobs at its print edition to make savings worth €20 million, it emerged on Saturday. Planned restructuring could force some print edition staff to accept less favourable conditions.
Germany's Rupert Murdoch turns 100
Berlin

Germany's Rupert Murdoch turns 100

Revered and reviled German media tycoon Axel Springer, whose empire encompasses major opinion-making papers <i>Bild</i> and <i>Die Welt</i>, would have turned 100 on Wednesday, prompting praise and condemnation.
Axel Springer introduces iPhone apps with monthly fees
media

Axel Springer introduces iPhone apps with monthly fees

In an effort to squeeze more money from its internet operations, German publisher Axel Springer AG is introducing iPhone applications with monthly subscription fees for two newspapers. The <i>Bild</i> app will allow users to “shake” the clothes off the paper’s naked front page girls.