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Wall Street isn't exactly popping champagne bottles in the wake of Preet Bharara's exit -- enforcement isn't going away anytime soon.
The famed value investor offers an ominous forecast for U.S. newspapers, predicting that only The New York Times and The Wall Street Journal are likely to survive the digital revolution.
It's not all about ad sales for legacy print publishers, as a jump in subscribers at WSJ.com shows.
News Corp. is trading higher on Friday after the media giant posted stronger-than-expected second-quarter earnings Thursday, despite a drop in advertising revenue.