Why Financial Times Has a New Owner

It's easy to understand why London-based Pearson got rid of the Financial Times, even though the newspaper -- I should probably say the "website and app family" -- is much better known than its parent company. Despite one of the most successful digital transitions among what the kids call legacy media, the FT has stopped making money for Pearson. And what with the ongoing technological revolution in the education business, the company needs cash more than it needs the FT's prestige.