Reuters

Online Media Daily: Reuters Revamps Ad Sales, Picks Up WebMD, Yahoo Execs

It's official. Microsoft (NSDQ: MSFT) has won the deal to become the default search provider on all phones on the Verizon Wireless (NYSE: VZ) network, reports Reuters. The two companies said they would go into greater detail about the deal later today at CES in Las Vegas.

—Tanking job market a boon for LinkedIn : While LinkedIn laid off some 10 percent of its staff in November, the financial crisis hasn't been all bad for the business-focused social network, USA Today reports.

-Publishers' interest in Laura Bush's memoir is cooling, as it seems like the soon-to-be-former First Lady doesn't plan on saying anything interesting. [New Yorker]

-Michael Eisner is ending his show on CNBC, Conversations with Michael Eisner. What, you didn't know Michael Eisner had a show on CNBC? [NYP]

Two news bits about the Nintendo Wii snuck out during yesterday's Christmas Day lull: Nintendo announced that the Wii would finally be getting video downloads, and Amazon (NSDQ: AMZN) said that the console topped its holiday best-seller list.

This is probably not the best time to ask for more credit, but Thomson Reuters (NASDAQ: TRIN) is planning to issue up to $3 billion in debt over the next two years, Reuters reports, citing regulatory filings. The media company says the debt issuance would go towards supporting general business functions.

With Nasdaq trading higher than the NYSE on Tuesday, News Corp picked a good day to tell its shareholders the stock would begin trading on the tech heavy exchange. News Corp (NYSE: NWS). which has traded on the NYSE for over 20 years, said that Nasdaq will give its shareholders more up-to-date trading technology. On Nasdaq, News Corp's Class A common stock will trade under the symbol "NWSA" and its Class B common stock will trade as "NWS." The transfer will take place on Dec. 29.

About Prescott


Prescott Shibles has served as Vice President of New Media for Penton Media, Prism Business Media and Primedia Business. Prescott's expertise covers search engine optimization, email marketing, online content strategy, writing for the web, online advertising sales, and vertical search.

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