Jeff Bezos

Sale of Washington Post sparks potential new era for digital news

"The Internet is transforming almost every element of the news business: shortening news cycles, eroding long-reliable revenue sources, and enabling new kinds of competition, some of which bear little or no news-gathering costs."

Jeff Bezos, Chairman and CEO of Amazon.com, who has bought The Washington Post.

In news that has stunned the media industry, The Washington Post...