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New York Times: The Wall Street Journal has abandoned its plans to sell its U.S. edition in London and instead has revealed a new strategy in Europe that includes a redesigned Wall Street Journal Europe.
Daily Intel: New York Times publisher Arthur Sulzberger Jr. compares print media to the Titanic: “Even if the Titanic came in safely to New York Harbor, it was still doomed. Twelve years earlier, two brothers invented the airplane.”