Chinese Sue CNN For $1.3 Billion
CNN commentator Jack Cafferty is a insolent fellow. He commented about the Chinese saying "They’re basically the same bunch of goons and thugs they’ve been for the last 50 years". Nice touch.…
CNN commentator Jack Cafferty is a insolent fellow. He commented about the Chinese saying "They’re basically the same bunch of goons and thugs they’ve been for the last 50 years". Nice touch.…
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said…
Yahoo!’s (YHOO) Q1 earnings were not enough to prove the case that the company is making tremendous progress. That stock dropped slightly after the news. Microsoft (MSFT) has more ammunition to show…
The torpedoes from Viacom (VIA) ran true and have hit CBS (CBS) right in the boiler room. One of Sumner Redstone’s companies is out to get the other. Fratricide at its finest.…
According to Reuters, National City (NCC) will raise as much as $7 billion. Reuters writes that Viacom (VIA) will launch a pay TV channel to compete with Time Warner’s (TWX) HBO. Its…
New comScore data shows that the number of videos viewed online moved up 66% in February compared with the same month last year. US internet users viewed over 10 billion videos for…
According to TechCurnch Time Warner’s (NYSE: TWX) AOL has bought blog aggregation company Sphere for $25 million. The report says that Sphere "adapted to the changing market and focused on delivering blog…
One of the factors lost in the debate over the value of Yahoo! (NASDAQ: YHOO) is the amount of time that consumers spend on the site. For advertisers, especially those running display…
According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could…
AOL Money & Finance (TWX) moved ahead of Yahoo! (YHOO) Finance in both total visits and page views during March. For the period, AOL had 409 million page views and 85.3 million…
The creator of the law of unintended consequences must have had the scramble to merge with or buy Yahoo! (NASDAQ: YHOO) in mind. Google (NASDAQ: GOOG) gets daily benefit from the fighting…
According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes…
Various press reports indicate that Time Warner (TWX) may be close to combining its AOL unit with Yahoo! (YHOO). At the same time, Microsoft (MSFT) is planning to make a joint bid…
There is a report out of the Wall Street Journal that Yahoo! Inc. (NASDAQ: YHOO) and Time Warner Inc. (NYSE: TWX) may be close to inking a deal that would potentially combine…
Disgraced stock-picking guru Bill Miller of Legg Mason says he will support Yahoo!’s (YHOO) efforts to stay independent if Microsoft (MSFT) lowers the value of its offer to buy the portal company.…