The breach of the Sony PlayStation Network which exposed private records of up to 77 million customers is only one in a long line of failures which have occurred since Sir Howard…
Johnson & Johnson (NYSE: JNJ) will buy Synthes for $21.9 billion (Reuters) S&P cut the Japan sovereign rating outlook because of the earthquake (Reuters) The Sony (NYSE: SNE) Playstation network was hacked…
Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock…
Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of Twitter wants…
Updated throughout the day. Vevo may buy News Corp (NYSE: NWS) MySpace (Reuters) The Japanese government may take over Tokyo Electric Power (NYT) BP plc (NYSE: BP) management who oversaw the Deepwater…
About the only good news in the news business is coming from the web. The growth, though impressive, is not enough to sustain the profitability of newspaper publishers which are experimenting with…
When Google Inc. (NASDAQ: GOOG) coughed up $1.65 billion for YouTube in 2006, there were plenty of questions about what the Google brass was smoking. It’s still not clear whether YouTube is…
The Treasury expects $6.4 billion from the sales of AIG’s (NYSE: AIG) sale of its MetLift share (Reuters) The government is examining a number of small banks to see if they restructured…
Updated throughout the day News Corp (NYSE: NWS) has begun the process of selling MySpace (Reuters) China’s sovereign funds have begun to put money into large Japanese companies (WSJ) Retailer Delia’s has…
Douglas A. McIntyre News Corporation (NASDAQ: NWS) managed to do something rather impressive considering the state of the media in the aftermath of the recession. Rupert Murdoch and friends raised close to $2.5 billion today…
Jon C. Ogg For its first fiscal quarter of 2011, Viacom Inc. (NYSE: VIA) reported that profit fell -12% and revenue fell by -4.8% due mainly to weakness in the company’s film business. Viacom’s cable…
The heads of several major investment banks attempted to sell their services of an AIG (NYSE: AIG) plan to pay off money it owes taxpayers (Reuters) Forecasts from Intel (NASDAQ: INTC) helped…
Updated throughout the day KKR may make a bid for Sara Lee (NYSE: SLE) (Reuters) MySpace may be spun off by News Corp (NYSE: NWS) (WSJ) Douglas A. McIntyre
AIG (NYSE: AIG) will meet banks to choose those that will handle the sale of the Treasury’s share in the company. (Reuters) With a split Congress it is less likely that there…
Twitter has, by most estimates, 175 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
