Levin Is Sorry for Creating AOL Time Warner

submitted by: Tammy  3332 day ago

0 comments | Topic: Businesses | View Count: 431

More Changes At AOL

submitted by: Skumar  3616 day ago

Since he was hired two weeks ago at AOL, everyone has been wondering what Tim Armstrong— former head of advertising at Google and soon-to-be CEO of AOL as of April 7th—will do with the company. The first answer seems to be restructure.

0 comments | Topic: Businesses | View Count: 516

Tim Armstrong To Free MediaGlow From AOL's Ad Network (TWX)

submitted by: SKumar  3617 day ago

Instead of dumping ad nets entirely (like it should), sources tell us to expect MediaGlow to untangle itself from Platform-A and let third parties in.

0 comments | Topic: Businesses | View Count: 525

IBM to lay off 5,000 US-based workers

submitted by: SKumar  3617 day ago

IBM Corp. plans to lay off about 5,000 U.S. employees in a new round of job cuts, the Associated Press has learned. The move reflects IBM 's aggressiveness in shifting labor to lower-cost regions like India and keeping its profits aloft at a time when other technology companies' earnings are tumbling.

0 comments | Topic: Businesses | View Count: 437

Why Tim Armstrong Got The Job

submitted by: xyzws  3625 day ago

So, why did Jeff Bewkes hire Tim Armstrong?

0 comments | Topic: Businesses | View Count: 461

Bush-era offshore drilling plan is set aside

submitted by: xyzws  3660 day ago

WASHINGTON - The Obama administration on Tuesday overturned another Bush-era energy policy, setting aside a draft plan to allow drilling off the Atlantic and Pacific coasts.
"To establish an orderly process that allows us to make wise decisions based on sound information, we need to set aside" the plan "and create our own timeline," Interior Secretary Ken Salazar announced in a statement.

0 comments | Topic: Businesses | View Count: 801

Premium tuna fetches $100,000 at auction

submitted by: kozlovalexey  3695 day ago

TOKYO - Two sushi bar owners paid more than $100,000 for a Japanese bluefin tuna at a Tokyo fish auction Monday, several times the average price and the highest in nearly a decade, market officials said.

0 comments | Topic: Businesses | View Count: 332

Risky Business Indeed

submitted by: scott  3704 day ago

A worry shadows the forthcoming Tom Cruise thriller Valkyrie. The worry is that, upon seeing Cruise done up in an eye patch and Nazi jackboots—trick or treat!—audiences will laugh. This is not a high bar for the world's biggest movie star. Cruise is now 46 years old, roughly midcareer for an actor of his stature; and yet the brand has fallen so far that a throwaway summer goof, his cameo as Lev Grossman, the too-Jewish super producer of Tropic Thunder, was regarded as a "comeback." By way of contrast, when Jack Nicholson was 46, he appeared in Terms of Endearment. Nicholson's performance as retired astronaut Garrett Breedlove won him an Oscar, but more importantly, it permitted some humanity to rise up through accumulated strata of stock deviltry, and stand forth warmly. Cruise, meanwhile, gyrates in a fat suit.

0 comments | Topic: Businesses | View Count: 766

Business, Both Funny and Not

submitted by: xyzws  3748 day ago

0 comments | Topic: Businesses | View Count: 349

Microsoft and Universities: Videogame Makers?

submitted by: techxyzws  3785 day ago

At a presentation at New York University yesterday, Craig Mundie, Microsoft's (MSFT) head of research and strategy, paced back and forth in front of a PowerPoint presentation. It was a pretty flat display for the fast-moving, multidimensional product he was proposing.

0 comments | Topic: Businesses | View Count: 349

More companies should follow Google's lead

submitted by: coolgoose  3791 day ago

The massive Internet search engine announced Sept. 24 it would award $10 million to five individuals who find a way to help the most people.

0 comments | Topic: Businesses | View Count: 289

Google's Latest Attempt to Monetize YouTube: Post-Roll Ads

submitted by: xyzws  3791 day ago

As Google has acknowledged before, monetizing YouTube has been a major challenge for the Internet giant, even though it is one of the web's most visited sites. Now, Google is trying out post-roll ads on the popular online video service...

0 comments | Topic: Businesses | View Count: 358