Media News

Tuesday, Oct 16

Newsfeed Update: 10.16.12

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News Corp. Partners with Bank to Sell Videogame/Entertainment Sites (FishbowlNY)
News Corp. is partnering with investment bank Allen & Co. to sell the videogame/entertainment website IGN, after its own efforts failed to come up with a buyer.

The $56 Million Man: Yahoo Confirms Hiring of Google’s De Castro as COO (AllThingsD)
Yahoo said today in a regulatory filing that it had hired one of Google's top sales execs, Henrique De Castro, as its COO.

Report: Facebook PAC Donates More To Republicans; Employees Favor Democrats (AllFacebook)
Facebook's political-action committee, fbPAC, continued to hit its like button more for Republicans than Democrats in 2012. However, when it comes to individual Facebook employee contributions, Democrats took in more than double the GOP haul.

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