NEW YORK (TheStreet) -- Because The New York Times' (NYT - Get Report) business is cataclysmically bad in two obvious areas, newspapers and rudderlessness, it's easy for the media to ignore two additional areas of concern. And ignore, they did.First off, the reeling company trumpeted the prospect of a full-throttled comeback in the fading About.com division. Considering the competiveness of the field and other issues including changes in Google's search formula, the chance of a meaningful turnaround seems tenuous at best. Meanwhile, the Times is pouring money into the division, at a pace that will only increase as the year wears on. This is a big risk, but one all but ignored by most of the media.
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