Rupert Murdoch’s media empire News Corp., which represents the second largest media conglomerate in the world behind the Walt Disney Company, is taking a severe beating as Murdoch himself is having to address various criminal allegations, including that hisNews of the Worldtabloid illegally hacked... Read more...
Power plant workers began filling a cracked concrete shaft with fresh cement to stop highly radioactive water from earthquake-damaged nuclear reactors from draining into the Pacific Ocean, Japanese regulators said Saturday. Water from the 2-meter deep, concrete-lined basin could be seen e... Read more...
The US Department of Agriculture (USDA) has approved plantings of three genetically engineered (GE) crops in as many weeks, including Monsanto Co.'s Roundup Ready sugar beets and alfalfa that are engineered to tolerate Roundup Ready weed-killing herbicide. The USDA on February 11 also legalized, ... Read more...
General Electric’s $2.8bn (£1.74bn) acquisition of Aberdeen-based John Wood Group’s well support division has secured one of the British company’s crown jewels: its electric submersible pumps, which are in ever greater demand for squeezing more oil out of ageing fields. The deal ... Read more...
According to Urban Dictionary, the above video is a Saturday Night Live skit written by Robert Smigel which was intended to be a parody of the educational cartoon series “School House Rock.” The stimulus for the video, according to a few sources I read, may have been the firing of N... Read more...
(Noun) 1. A term used to describe when the media is owned and controlled by a few large corporations. 2. A conspiracy theory, in which, the media conglomerates can limit what you see on TV, hear on the radio and read in newspapers, magazines and books. 3. A SNL skit wrote by Robert Smigel. The s... Read more...
General Electric buys Vivendi's 20% stake for $5.8 billion. NBC will be 51% owned by Comcast, 49% by GE NEW YORK (CNNMoney.com) -- General Electric and Comcast announced a joint venture worth a combined $37.25 billion on Thursday that will give the cable company eventual control of NBC Universal. ... Read more...