The 7 stories PR pros need to know on Tuesday morning, 8.11.2015

Google reorganizes; Megyn Kelly won't apologize to Donald Trump; Press releases at center of federal case; Dorsey buys up Twitter stock.

Incoming Google CEO Sundar Pichai ("Sundar Pichai" by Maurizio Pesce from Milan, Italia - Sundar Pichai, SVP, Chrome and Apps, Google. Licensed under CC BY 2.0 via Wikimedia Commons)
Incoming Google CEO Sundar Pichai ("Sundar Pichai" by Maurizio Pesce from Milan, Italia - Sundar Pichai, SVP, Chrome and Apps, Google. Licensed under CC BY 2.0 via Wikimedia Commons)

1. It’s a new day for Google. The company said Monday evening that it is forming a new holding company known as Alphabet to house its brands, including Google itself. It announced the reorganization in a letter from Google CEO Larry Page and other, less conventional methods. The meteoric rise and low-key style of new Google CEO Sundar Pichai are also in the spotlight.


2. Fox News host Megyn Kelly said she will not apologize to Donald Trump, despite his demands that she do so for her line of questioning during Thursday night’s Republican debate. "This is a tough business, and it’s time now to move forward," she said on her program Monday night.

3. Federal authorities are planning to unveil wide-ranging charges against a group of hackers and traders who allegedly tried to get their hands on press releases about mergers and acquisitions before the deals were public. More than a half-dozen people could be charged with securities fraud.

4. Washington Post reporter Wesley Lowery was charged on Monday after being arrested nearly a year earlier while covering the unrest in Ferguson, Missouri, after the shooting of Michael Brown. A Huffington Post journalist also arrested last year said he had not yet received a summons, but expected to.


5. Interim CEO Jack Dorsey and other Twitter executives are buying up stock in the company in what observers believe is a move to build confidence internally and externally. Dorsey bought about $875,000 in the company’s stock on Monday.

6. Most kids ages 8 to 18 say TV shows on the Web are their favorite entertainment medium, yet they are watching more TV programming per week by the hour than Internet content, according to a survey by PwC.

7. Former Texas Governor Rick Perry has reportedly stopped paying some campaign staffers in South Carolina, an important early primary state, raising questions about the validity of his 2016 campaign. Perry was relegated to the 5 pm "kids table" debate last Thursday instead of the prime-time main event. 

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