CBS agrees to buy Internet media firm CNET
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Summary: The network hopes the deal will greatly expand its advertising reach on the Web. Critics say the broadcaster's $1.8-billion offer is too high. In its biggest and boldest move onto the Web, agreed... Click to expand...
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The network hopes the deal will greatly expand its advertising reach on the Web. Critics say the broadcaster's $1.8-billion offer is too high. In its biggest and boldest move onto the Web, agreed Thursday to buy the Internet media company CNET Networks Inc. for $1.8 billion in a deal that drew flak from critics for its high price and its daunting management challenges.
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This Week in Rojo [The best of the blogosphere every week.]
Rojo: Digg Stars; Google Matrix; ObamaSpace
Diggbait anyone? The Wall Street Journal surveyed who’s who when it comes to influencing social-networking sites like digg and Reddit, and finds just 30 of 900,000 registered digg users are responsible for a third of stories on its home page, blogs Business 2.0.