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American Media Inc, publisher of the National Enquirer and Star supermarket tabloids, on Wednesday filed for Chapter 11 bankruptcy protection.

Score another one for the digital revolution. The phone book - or at least the residential white pages - is going the way of the rotary telephone and the phone booth. Not to mention vinyl records, typewriters and tape recorders.

U.S. News & World Report will cease printing its monthly magazine in 2011, according to an internal memo from editor Brian Kelly posted on the journalism website Poynter.org's Romanesko blog.

Bloomberg is buying BusinessWeek in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet.