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Posts Tagged ‘Microsoft Corp.’

LAT In 90 Seconds

39915667-12122910.jpgCoolest Story of the Day: In Myanmar, an unnamed LAT reporter is working in secret to cover the devastation the government is trying to hide in the wake of Cyclone Nargis. Leave the debate over whether reporters should go undercover to your eggheaded J-school profs. This is great reading.

yahoocorpoff.jpgGoogle the Term “Anti-Trust”: After Microsoft Corp. and Yahoo! ended nearly five months of merger and partnership talks that threatened Google, Yahoo turned around and struck an online advertising alliance with Google. Need help figuring this out? Ask Jeeves.

mobama.jpgMirror, Mirror: Mainstream media stalwart, LAT, published this headline today: “Mainstream media not jumping on the political rumor bandwagon.” The LAT pat on the back was a nice way of congratulating itself for not spreading that rumor about Michelle Obama railing against “whitey.” Forget for a moment, that this James Rainey piece might be the first time any of the LAT readers have heard about the rumor.

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LAT In 90 Seconds — Afternoon Edition

Un-Friend Us: From Joseph Menn: “Social networking sites, which let users create detailed profile pages and connect with friends, are becoming the hot new thing for identity thieves, both amateur and professional. As improved spam filters and skeptical consumers make bogus e-mail less successful, scam artists are taking advantage of the atmosphere of trust that exists within these online circles of friends.”

y!image.jpgYa-who? Yahoo Inc. stock plummeted this morning after merger talks with Microsoft Corp. collapsed. We hate it when those “buy gold” people are right.

37595576-07132234.jpgCatfight on the Catwalk: NBC Universal signed an exclusive pact with the production team behind Project Runway, two weeks after Lifetime Networks secured the rights to the show. Competition between the former producers and the show itself? Fierce.

LAT In 90 Seconds

34331516.jpgFitzSimons Resigns: Tribune Co. CEO Dennis J. FitzSimons is stepping down as soon as Sam Zell completes his deal to take the company private — which could be Thursday or Friday. FitzSimons, who slashed budgets at the LAT to the point that two top editors resigned in protest, will likely not be missed much. But who needs a cake and heartwarming stories when you’re making off with $40 million in severance and other payout deals.

logostogether.jpegMore Giant Media Circle Jerks: Viacom Inc. and Microsoft Corp. signed a five-year, $500-million “strategic partnership,” which allows Viacom to supply Microsoft with movies, videos and games, in return for Microsoft selling advertising for Viacom’s Internet sites.

kjm.jpgNewspapers Fucked: The Federal Communications Commission relaxed a 32-year rule banning corporate ownership of a newspaper and broadcast station in the same city. The move — if it’s not overturned in court — could mean more mergers. Which usually doesn’t bode well for newsrooms. In another move, the FCC also pissed off Comcast by tighten a rule aimed at checking the growth big cable television companies. So, basically, everyone’s miserable. Except Sam Zell. Fancy that.

LAT In 90 Seconds

33440839.jpgFighting Fire With Fire: Police shoot and kill an arson suspect near Cal State San Bernardino. Another suspect was arrested.

deldios_jqfr6knc.jpgFrom The Blogs: We’re going to sound like a broken record, but the LAT breaking news blog is fascinating to read — with everything from FBI updates on arson investigations to little vignettes about people fighting for their homes, it’s impressive work.

faclog.jpegMicrosoft Wins. Now What? Promising an investment of $240 million in Facebook, Microsoft Corp. bested Google for the right to waste money on the social networking site. Congratulations.