Word: competitors
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...Justice Department's case hinged on a company executive turned FBI informant, Mark Whitacre, who secretly taped meetings that allegedly included the younger Andreas, Wilson and executives of rival companies. "The competitor is our friend; the customer is our enemy" was a favorite saying around ADM, according to Whitacre. Such talk ended when the feds raided ADM's Decatur, Illinois, headquarters in June 1995. Although the company fired Whitacre and charged him with embezzlement, which he denies, and although Whitacre later attempted suicide, the case was strong enough to force ADM's directors to capitulate...
...news wars has sparked an extraordinary corporate feud. Murdoch has charged that Time Warner reneged on an agreement to carry the Fox News Channel on its cable systems, opting for MSNBC instead. (Time Warner had been required by the Federal Trade Commission to pick up one CNN competitor in order to win approval of the Turner merger.) This was a blow to Murdoch's hopes of expansion, since it means he will be blocked from Time Warner's almost 12 million cable homes--most crucially those in New York City, where Fox is based. Last week Murdoch filed...
...Francisco Examiner, for instance, still runs foreign news, but without a single overseas correspondent on staff. Under instructions from parent company Knight-Ridder to boost its margins from 16% to 18%, the Miami Herald will cut 300 jobs by the end of this year. Once considered a competitor of the New York Times and the Washington Post and famed for winning seven Pulitzers in the 1980s alone, the Herald has responded by shifting its focus to regional coverage and "news...
...useful primer on what to look for. His deep understanding of the history of technology and his engineer's perspective on scientific revolutions make him a companionable guide. Among his "tests" for recognizing approaching shifts: imagine you have one silver bullet to place in the heart of your toughest competitor; when you start aiming the pistol at a new player, you'll know things are changing...
...business activity of the past few weeks is any indication. Total Entertainment Network (TEN), one of the leaders in the field, unveiled its long-awaited commercial online service two weeks ago and last week announced that it would add Quake to its roster of games. Meanwhile, TEN's chief competitors--Mpath and Engage--are testing services that they expect to be fully operational this month. A fourth competitor, Sendai, has just been purchased by Rupert Murdoch's News Corp. All four companies hope to make a killing, or at least a decent living, bringing interactive fun and games to cyberspace...