Word: hearsts
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...ongoing machinations over the sale of San Francisco's daily papers, the Chronicle and the Examiner, may be the initial death throes of a government policy that for more than 30 years has attempted to keep at least two newspapers in America's major cities. The Hearst Corporation thought it had bypassed the policy last week when it inked a deal to unload its faltering Examiner, a move that would allow it to buy that paper's successful long-time rival, the Chronicle. Those plans were put on hold Thursday when a U.S. district court judge halted the move based...
...trolley stop shouting the day's headlines to afternoon commuters, and the 120-year-old Examiner's readership has dwindled to about 100,000 daily. Fang has said that as owner he would break the paper away from the Chronicle and convert it to a competing daily. Hearst has offered to subsidize the venture to the tune of $66 million over three years to make the paper solvent. Reilly, however, argued that the Chronicle has such a tight grip on the Bay Area media market that it would take an investment closer to a quarter-billion dollars to keep...
...money as Bill Gates, and he's happily married. His former Microsoft partner Paul Allen is the country's richest single guy (at a cool $40 billion) but also its greatest recluse. Larry Ellison of Oracle ($13 billion) and Yahoo's David Filo ($3.7 billion) have girlfriends. Randolph A. Hearst is worth $1.6 billion, but his age (84) may put off all but the most Anna Nicole Smith-like gold diggers...
DIED. MARTIN ORNE, 72, psychiatrist whose work on hypnosis helped limit its role in criminal investigations; of cancer; in Paoli, Pa. Orne, who testified that Patricia Hearst had been brainwashed, came under fire in 1991 for giving Anne Sexton's biographer tapes of his sessions with the suicidal poet...
...have the ethical backbone to say, "Obviously that occurred to me, but I have no intention of letting it influence me in any way"? Or would I take the coward's way out and say, "Yes, but your company co-owns Talk City, an Internet-content site, with Hearst and Starbucks?" (And while he was puzzling over the relevance of that, I could make my escape...