The announced that it has acquired the assets of Newsbytes News Network
, an online technology newswire. Newsbytes will become part of Post-Newsweek Business Information, a new Post subsidiary that was created by combining the publishing properties of TechNews, as well as several magazines and trade shows acquired from Reed Elsevier
. Post-Newsweek Business Information will retain Newsbytes' current correspondents and editors, including Editor in Chief Wendy Woods.