CNBC and Yahoo! (YHOO Quote) announced a partnership on Wednesday that will allow Wall Street's cable news chronicler to distribute its videos and written reports on the Web's largest finance site.
The alliance gives General Electric's (GE Quote) news network a larger presence on the Web just as it faces new competition from the Fox Business Network, a newly launched rival owned by Rupert Murdoch's global media empire, News Corp. (NWS Quote).
News Corp. scored a coup in the financial news world with its surprising and successful acquisition of Dow Jones (DJ Quote), the publisher of The Wall Street Journal. Murdoch has hinted that he will end subscription charges on The Journal's Web site, signaling an aggressive push to expand its online reach beyond the newspaper's traditional audience of sophisticated investors. ...
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