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Vox CEO on the acquisition of Re/code

Vox CEO Jim Bankoff said the acquisition of Re/code will complement the other Vox platforms, including The Verge.
Source: CNBC.com | By: Nana Sidibe
Vox CEO talks Re/code acquisition  

Vox Media Chairman and CEO Jim Bankoff, discusses acquiring Re/code's parent company Revere Digital, and the draw to technology content.
Source: CNBC.com
Tech blog spinoff Re/code is acquired by online media chain

Tech news blog Re/code said Tuesday it's been acquired by online publishing company Vox Media, just 18 months after spinning off from its former parent, The Wall Street Journal. In an online statement, Re/code founders Kara Swisher and Walt Mossberg said they will continue to operate their site separately but may occasionally collaborate with The Verge.
Source: The Associated Press | By: By The Associated Press
Unprecedented floods hit Houston; 7 states at risk

Flash-flood watches and warnings were issued across seven states early Tuesday as an unprecedented downpour of torrential rain triggered flooding in Houston.
Source: NBC News | By: Alexander Smith, Shamar Walters, and Henry Austin
Bullseye: Plains states brace for more tornadoes

Millions of people in the middle of the country are facing a tornado threat, including some locations recently ravaged by twisters, NBC News reports.
Source: NBC News | By: Erin McClam and Daniella Silva
Twister terror: Plains states brace for more storms

Around 16 million people across the Plains were potentially facing two days of powerful tornadoes starting Friday.
Source: NBC News | By: Erin McClam and Daniella Silva
At least 12 injured as 50 twisters tear through Plains

Communities across the Plains awoke to damage and flooding after at least 50 tornadoes and baseball-sized hail were reported across a 500-mile stretch.
Source: NBC News | By: Alexander Smith
UPDATE 1-News Corp quarterly revenue falls on currency, lower ad sales

May 5- News Corp, owner of the Wall Street Journal and HarperCollins, reported a decline in quarterly revenue and profit due to foreign currency changes and a drop in ad sales at its newspapers. At the Wall Street Journal advertising revenue fell 11 percent. Robert Thomson, CEO of News Corp, said in a statement that real estate will "underpin long-term expansion."
Source: Reuters | By: Jennifer Saba
News Corp revenue falls marginally

May 5- News Corp, the publisher of the Wall Street Journal, reported a marginal fall in quarterly revenue, hurt by the stronger dollar and dwindling advertising sales at its newspapers. Net income attributable to shareholders fell to $23 million, or 4 cents per share, for the third quarter ended March 31, from $48 million, or 8 cents per share, a year earlier.
Source: Reuters
US STOCKS-Wall St stumbles on weak trade data; investors eye Fed

Despite a rally of more than 2 percent in oil, energy stocks were stung for a second day by criticism of fracking companies by David Einhorn, the influential head of hedge fund Greenlight Capital. The $51.4 billion March deficit was the highest in nearly 6-1/ 2 years and larger than the $45.2 billion the government assumed in its snapshot of first-quarter gross...
Source: Reuters | By: Noel Randewich