The transfer of Wonkette by Nick Denton of Gawker Media, my former Financial Times colleague who went on to other things, is a warning to those thinking of launching new media ventures.
Nick has sold, or perhaps more accurately passed on, three of the blogs in his empire including Wonkette, which was the founding blog about politics and Washington DC. Read more
Chrysler’s link-up with Nissan for the Japanese company to supply it with small cars for the US and European markets fills as yawning gap in its product line-up.
It also shows that Chinese manufacturers have some way to go before they can compete on equal terms with companies from US, Europe and the rest of Asia. Read more