Word: corpe
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...opportunity for some of the world's top media executives to make appeals to Beijing. Reuters editor in chief David Schlesinger called on China to improve the disclosure of economic data by not leaking it to insiders before official announcements and to improve access for foreign journalists. News Corp. CEO Rupert Murdoch asked Beijing to "open its digital door" and improve foreign media and entertainment companies' access to mainland markets. "The embrace of the digital is as vital to China today as its decision 30 years ago to take its place in the global economy," Murdoch said in a speech...
...media that China's propaganda ministers are trying to modernize. Rather, it's the ability of the political party to have its message heard. An August Qiu Shi article complained about the dominance of the global media by a small number of conglomerates like Murdoch's News Corp. and Time Warner. But in China, oversight of CCTV and Xinhua is consolidated in the hands of the party. When Li Congjun, head of the Xinhua News Agency and chief organizer of last week's event, noted during the summit that "there is some misunderstanding" that Xinhua was a "traditional media organization...
...retailer already has a partnership to sell e-readers made by IREX, a spin-off of Holland's Royal Philips Electronics.) Major newspaper and magazine publishers, which are suffering mightily from the loss of subscribers and advertisers to the recession and the Internet, are also getting involved. News Corp. chairman and CEO Rupert Murdoch, owner of the Wall Street Journal, is reportedly considering a deal with Japanese consumer-electronics giant Sony, which in 2004 introduced the first commercially viable e-reader, to use a black-and-white display technology called electronic ink (also used by the Kindle). Sony is rolling...
...half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional defined pension plan in favor of a 401(k)-type system. So instead of getting a guaranteed pension check of $1,308 a month for his 36 years as a full-time, salaried employee, the former chemical-factory worker receives $225 a month from his 13 years as an hourly employee, plus $180.16 a month from a profit-sharing plan Oxy had for salaried employees until 1994. He also has $70,000 left of the money he saved from his tax-deferred 401(k). On the days...
...Other names being mentioned as possible takeover candidates in the tech services sector include Computer Sciences Corp., Informatica Corp., Cognizant Technology Solutions Corp., Concur Technologies Inc., Teradata Corp., CGI Group Inc. in Montreal, Unisys Corp. and a few firms in Mumbai such as WNS Holdings Ltd. and Patni Computer Systems Ltd. Many of the firms have seen their stocks hit 52-week highs in the past month on takeover speculation...