Word: murdoch
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...group of companies is trying to figure out how to turn the cacophony of personalized information into usable form - and viable businesses. They call it the Shared, Trust or Referral Economy, and it is the current obsession of every Web company from Amazon to Yahoo!. Consider: in July, Rupert Murdoch's News Corp. spent $580 million to acquire Intermix Media, a U.S.-based company whose prime asset is MySpace, a site that lets members share their blogs, photos and favorite music. In March, Yahoo! bought Flickr, a photo-sharing website, for an undisclosed sum. All that activity makes sense, given...
That's why it's no small irony that the biggest boon to the venture came from none other than media baron Rupert Murdoch, whose Fox News Channel Gore once called a "fifth column" that has turned "daily Republican talking points into the definition of what's objective." Chances are, Current TV would never have got even this far had Murdoch not given it NWI's existing slot on his DirecTV satellite system, which accounts for 14.5 million of the nearly 20 million households Current reaches. It's a big start toward the 50 million Gore hopes to attain...
...respectively. And with the growth in broadband connections boosting the time Internet users spend online, advertisers get more chances to entice them. Global Internet ad revenues are set to soar by almost 20% this year. Not surprisingly, old-media firms are feeling the pinch. News Corporation chief executive Rupert Murdoch last week paid out $580 million for Los Angeles-based Intermix Media, the company behind the burgeoning social network at MySpace.com. The two-year-old service hosts music, chat rooms and blogs, as well as personal and classified ads. But not all online companies are created equal. Google and Yahoo...
Normally in Murdoch's fiction, isolated and frankly artificial settings help resolve dilemmas or at least recast them into familiar types of allegory. But Seegard adds to Edward's confusion and despair. Nothing here is quite what it seems, and the moment one set of deceptions is exposed, another takes its place. Edward finds Jesse, but the old man is apparently being held prisoner in his own house. He says the three dutiful acolytes have tried to poison him. The women tell Edward that Jesse is ill and deranged, a demigod whose powers have failed. The visitor wonders...
Edward accurately describes the novel in which he appears. The Good Apprentice is a tour de force of narrative energy. It also includes the provocative remarks ("If Newton hadn't believed in God he would have discovered relativity," or "Psychoanalysis attracts failed artists") that have become a hallmark of Murdoch's dialogue. But in raising expectations that all the frantic activity she describes will finally lead to some sort of understanding, the author finally sets herself up for a fall. A last word of sorts is left to Harry: "No one can avoid muddle." That is probably true. But Murdoch...