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Jeff Bezos takes control of Washington Post

Jeff Bezos, CEO of Amazon.com., poses for a photo Tuesday, Sept. 24, 2013, with the 8.9-inch version of the new Amazon Kindle HDX tablet computer in Seattle. The founder of Amazon closed a $250-million deal Tuesday, Oct. 1, 2013, to acquire The Washington Post, ending the longstanding ownership of the renowned Graham family, the newspaper announced.  AP

Jeff Bezos, the founder of Amazon, closed a $250 million deal Tuesday to acquire The Washington Post, ending the longstanding ownership of the renowned Graham family, the newspaper announced.

Posted: October 2nd, 2013 in Latest Business Stories | Read More »

Era ends, new chapter awaits Washington Post

AP FILE PHOTO

With Jeff Bezos set to take over The Washington Post, the big question is: Can he arrest its decline and deliver an economic model for the rest of the industry?

Posted: September 30th, 2013 in Latest Business Stories | Read More »

Washington Post: US capital’s powerful paper

AP FILE PHOTO

The Washington Post has a storied history as the house newspaper of the US political elite, and its journalists reported some of the 20th century’s biggest scoops, including the Watergate scandal.

Posted: August 6th, 2013 in Latest Business Stories | Read More »

Latest Internet casualty: Washington Post sold for $250M to Amazon founder

Katharine Weymouth, publisher and CEO of The Washington Post, left, and Donald Graham, CEO and chairman of The Washington Post Co., address employees about the sale of The Washington Post to Amazon.com founder Jeff Bezos, Monday, Aug. 5, 2013, in Washington.  AP PHOTO/THE WASHINGTON POST, MARVIN JOSEPH

The Washington Post, the legendary newspaper that broke the Watergate scandal, is being sold to Amazon founder Jeff Bezos as it seeks to survive the onslaught of the Internet.

Posted: August 6th, 2013 in Latest Business Stories | Read More »

Washington Post Co. sees losses, decline in ads

washington post logo

The Washington Post Co. said Friday that circulation and advertising had weakened further at its flagship daily newspaper, as the company reported a quarterly loss linked to a write-down.

Posted: February 22nd, 2013 in Latest Business Stories | Read More »

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