The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Austin Smith and Joe Magyer, discuss the top business and investing stories.
News Corp. (Nasdaq: NWS ) announced yesterday that The Daily, a premium app-only news service the company launched in January 2011, will produce its final issue on Dec. 15. In this segment, the guys look at what News Corp.'s biggest problem was with this app: an old-news business approach to a new medium, when all the trends show that the old-news business approach just isn't viable anymore.
It isn't just the news business that has been completely disrupted by the consumer shift toward life online. The retail space is also in the midst of the biggest paradigm shift since mail order took off at the turn of last century. Only the most forward-looking and capable companies will survive, and they'll handsomely reward investors who understand the landscape. You can read about the 3 Companies Ready to Rule Retail in our special report. Uncovering these top picks is free today; just click here to read more.