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...suggests a lot of the mistakes the media have made are because of the moguls. Media moguls are a little like investment bankers, and I say this with humility. Investment bankers always have No. 1 market share because they only count the deals that they do. Similarly media moguls look like geniuses because they only talk about the deals that went well. The best example of that is when [News Corp. CEO Rupert] Murdoch bought MySpace - and it's rumored Tom Freston lost his job [as Viacom CEO] over not buying it - everyone talked about MySpace and how smart that...

Author: /time Magazine | Title: Sizing Up Murdoch, Redstone and Other Moguls | 11/3/2009 | See Source »

...jury still out on MySpace? Absolutely. Since the acquisition MySpace has lost significant share to Facebook, which reflects just how hard it is to maintain barriers to entry on the Internet and why it's such a tough environment to play in. Now a number of folks say "Well, look, Google gave them $900 million in an ad deal for something they only paid $580 million for. How can that be bad?" And the answer to that is: Given that Fox Interactive Media group, of which MySpace is a part, actually lost money this year even after the short-term...

Author: /time Magazine | Title: Sizing Up Murdoch, Redstone and Other Moguls | 11/3/2009 | See Source »

...This deal] is part of our broader efforts to be sustainable where we can and wherever possible to use renewable products to reduce our environmental impact,” said Mary H. Smith, an energy strategist at UOS. “We look at this as a long-term pricing strategy that is very competitive with other prices...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Harvard Signs Wind Power Contract | 11/3/2009 | See Source »

...need tweaking." When told that bidders had complained that no Madoff estate items were on the block, as the ads seem to imply, and that bidders also didn't know whether any items were from Madoff victims, he said, "If that's a major concern, we should look into it and perhaps change some things," including disclosing to potential buyers which items are or aren't from Madoff victims. He said that he and his brother were "not looking to mislead or misrepresent. The victims we've been dealing with are so very happy with us and do feel...

Author: /time Magazine | Title: Coming Soon to Your Town: Fake 'Madoff' Auctions? | 11/2/2009 | See Source »

...there a mood, though, of bipartisanship among Republicans? If there is an honest attempt to involve them, but there hasn't been. When Nancy Pelosi and Harry Reid make it clear that their attitude is, 'Look, we won the election and, whether these guys participate or not, we don't care,' they made that very clear. The Republicans have offered very specific ideas, such things as medical malpractice reform; they've talked about portability where you could buy insurance across state lines, they've talked about making sure there were incentives for people to go into general medical practice. There...

Author: /time Magazine | Title: Mike Huckabee on the (Book Tour) Trail | 11/2/2009 | See Source »

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