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DIED. BOB MAGNESS, 72, founder of Tele-Communications Inc., the cable-television giant; of lymphoma; in Charlottesville, Virginia...
Once that kind of intelligence is wired into a computer, the next logical step is connecting the system to the outside world. In fact, "tele-medicine," as doctors refer to a range of such long-distance ministrations, is the latest buzz in medical technology. The idea is simple enough: doctors and computers in advanced research centers should be able to "dial in" to rural areas to diagnose and treat patients, opening up a whole new medical frontier...
...think you can easily escape the dreaded cable companies. Tele-Communications Inc., the nation's largest cable operator, and No. 2 Time Warner, among others, own Primestar Partners of Bala Cynwyd, Pennsylvania, the second largest dbs provider. TCI has begun to offer a $99 dish installation--half the usual price--to those consumers who sign up for two years...
...lovers or vultures. Then last week the Federal Trade Commission finally blessed a compromise version of Time Warner's $6.54 billion acquisition of Turner Broadcasting. And so, early this fall, a deal is expected to be cut between Time Warner chairman Gerald M. Levin, TBS founder Ted Turner and Tele-Communications Inc. president John Malone: the unsteady father, the unruly son and the unholy ghost...
...Cartoon Network and TBS, remain publicly confident that the deal will ultimately be approved. If the commission should require either the sale of certain Time Warner or Turner assets or other major changes in the deal, then the merger could be in trouble--in no small part because Tele-Communications Inc., the nation's largest cable operator and an important Turner shareholder, retains the right to veto any changes it deems not in its own interests...