Valley of the moguls

July 8, 2008

Swan smallerThey call it the Duck Pond, but it’s actually teaming with (vicious) swans. It’s considered a big media and tech powwow, but a broad swath of global corporate titans of finance and politics round out the guest list.

A primer on Bill Gates

June 27, 2008

gates1.jpgOh, by the way, you may have missed it, but today is Bill Gates’ last day on the job at Microsoft. 

Deck shuffling at The Wall Street Journal

June 19, 2008

wall-street-journal.jpgThe rap on The Wall Street Journal, especially among those who get edited for a living there, is that the editing process could use a little streamlining. It looks like that’s about to happen, judging by Thursday’s memo from top editor Robert Thomson. This is part of a series of personnel changes taking place at the Journal since News Corp bought Dow Jones last year, including the resignations of top editor Marcus Brauchli and top U.S. editor Bill Grueskin:

Attention shoppers: Madison Ave. thanks you

June 5, 2008

walmart.jpgMadison Avenue should breathe a sigh of relief, thanks to the retail sector. Big U.S. retailers posted slightly better-than-expected sales last month, which may give them confidence to keep their advertising budgets intact.

Murdoch kills Newsday bid

May 10, 2008

murdoch-frowns.jpgWhen Rupert Murdoch said the other day that he wasn’t investing in newspapers anymore, we assumed that he was being ironic, especially as it came in the same telephone conference call with News Corp analysts and reporters in which he said that he thought his agreement to buy Newsday from Tribune Co was all but sewn up .

Flying blind into the upfronts?

May 9, 2008

drone.jpgOne thing you can bank on next week is that the TV networks won’t be showing off dazzling pilots of new shows at the upfronts, as we highlighted in a preview.

Microsoft-Yahoo: Google ‘hearts’ Yahoo’s search ads

May 9, 2008

schmidt.jpgAs the Microsoft-Yahoo will-they-won’t-they? saga drags on, Google’s role in any future talks becomes more apparent.

Murdoch: We’re not investing in newspapers!

May 8, 2008

murdoch-press.jpgFor a mogul who’s spent a lifetime snatching up newspapers across the globe — and who spent the better part of his time talking about them on Wednesday’s quarterly earnings conference call — we found it surprising that he insists he’s not spending more money on the dying print business.

Microsoft: A Thousand Times No

May 8, 2008

And it was thus decreed that the messengers of Steve Ballmer were sent far across the land to say No to an alliance with the kingdom of Yahoo:
    
“Yahoo could always come back again and say please buy us for $33 (a share) and I’m sure we might reconsider it, but we’re not assuming that’s going to happen,” Microsoft Chief Research and Strategy Office Craig Mundie to Reuters in Jakarta, May 8. 

Ballmer seals all Yahoo exits

May 4, 2008

ballmer-gestures.jpgMicrosoft dumped its offer to buy Yahoo on Saturday. A closer reading of Microsoft CEO Steve Ballmer’s letter to Yahoo’s Jerry Yang shows Microsoft is content to do nothing less than choke the air supply out of Yahoo’s trachea.