Rupert Murdoch has added to the gloom surrounding the US newspaper industry, saying that the business model of most titles is under threat as classified advertising moves online and circulations fall further.
Hardly anyone under 30 years of age reads classified advertising in newspapers, he said, speaking to the UK Press Gazette.
The News Corporation chairman, who […]

The engineer who created the popular Craigslist Web site, Craig Newmark, said the new media venture he has been working on could launch within three months.
Newmark, whose site gets more than a million classified ads and 1 million postings each month, told The Associated Press in May that he wants to develop a pool […]

Google Base now allows users to post any kind of information they want for free and to provide labels to describe it so others can easily find it.
Analysts view the service as having the potential to grow into a huge forum for classified ads. But Google executive Marc Leibowitz said Google merely wants to serve […]