Murdoch Pontificates
If it’s Tuesday—or any day of the week lately for that matter—it must be time for Rupert Murdoch to hit the tube. Today’s conduit: his own Fox Business Network. The News Corp chairman and CEO hit some of the usual subjects, but with a few variations. Some excerpts here, video embedded below:
—On search deals: Asked if News Corp (NYSE: NWS). is moving towards an exclusive deal with Bing, Murdoch replied: “I don’t know if they can afford to do that. If they were to pay everybody for everything they took, from every newspaper in the world and every magazine they wouldn’t have any profits left.”
—On NBC Universal: Murdoch found the possibility of partnering with GE interesting but said: “I was late into the scene but even so I don’t regret it. I would have had to sell off NBC, which would have been difficult, and MSNBC, which would not have been difficult. A big question was what was the value of the other things.” He doesn’t expect Comcast (NSDQ: CMCSA) to have to sell off assets. Conditions are another matter. “For instance, when we bought DirecTV, we were a supplier of cable channels and a distributor so we had to sign all sorts of undertakings that we would treat everybody equally. I’m sure they’ll have to do the same thing.”
—On M&A: Murdoch said he doesn’t see another media deal out there that he would like to do. (News Corp. recently ceded the Travel Channel to Scripps.)
Showing posts with label gasta domains. Show all posts
Showing posts with label gasta domains. Show all posts
Wednesday, November 25, 2009
Saturday, January 10, 2009
Gasta News:Hibernia Atlantic to link Northern Ireland to an underwater transatlantic communications cable for the first time.
NI links up to underwater cable
Northern Ireland is to be linked to an underwater transatlantic communications cable for the first time.
The fibre optic cable, a telecommunications link which runs along the seabed, connects North America with Europe.
It will improve the speed and extent to which firms in NI can trade information with the rest of the world.
A new 22-mile extension will be built from an existing cable and will come ashore near Portrush.
Access to the new telecommunications will be available in both Northern Ireland and the Republic of Ireland, according to the Department of Enterprise, Trade and Investment.
Enterprise Minister Arlene Foster said the 30m euro investment (£28m) "would provide opportunities for Northern Ireland companies selling goods and services overseas and also improve our attractiveness to knowledge based inward investment".
"Northern Ireland businesses are competing more than ever for business in global markets," she said.
"This project will deliver the kind of international telecommunications, companies located in London, Amsterdam, Dublin and New York already depend on."
The department said Project Kelvin would involve connecting a new submarine cable to the Hibernia North Transatlantic cable located 22 miles off the north coast of Northern Ireland.
It said the new cable would come ashore in the Portrush area initially and then go onto a location where it could interconnect with Northern Ireland's existing telecoms infrastructure.
The department added that the new link could be interconnected at a number of different locations including Armagh, Ballymena, Belfast, Coleraine, Londonderry, Omagh, Portadown and Strabane.
The contract to construct the link to North America has been awarded to Hibernia Atlantic Limited.
The project is being funded by the European Union and the British and Irish governments.
Northern Ireland is to be linked to an underwater transatlantic communications cable for the first time.
The fibre optic cable, a telecommunications link which runs along the seabed, connects North America with Europe.
It will improve the speed and extent to which firms in NI can trade information with the rest of the world.
A new 22-mile extension will be built from an existing cable and will come ashore near Portrush.
Access to the new telecommunications will be available in both Northern Ireland and the Republic of Ireland, according to the Department of Enterprise, Trade and Investment.
Enterprise Minister Arlene Foster said the 30m euro investment (£28m) "would provide opportunities for Northern Ireland companies selling goods and services overseas and also improve our attractiveness to knowledge based inward investment".
"Northern Ireland businesses are competing more than ever for business in global markets," she said.
"This project will deliver the kind of international telecommunications, companies located in London, Amsterdam, Dublin and New York already depend on."
The department said Project Kelvin would involve connecting a new submarine cable to the Hibernia North Transatlantic cable located 22 miles off the north coast of Northern Ireland.
It said the new cable would come ashore in the Portrush area initially and then go onto a location where it could interconnect with Northern Ireland's existing telecoms infrastructure.
The department added that the new link could be interconnected at a number of different locations including Armagh, Ballymena, Belfast, Coleraine, Londonderry, Omagh, Portadown and Strabane.
The contract to construct the link to North America has been awarded to Hibernia Atlantic Limited.
The project is being funded by the European Union and the British and Irish governments.
Friday, October 31, 2008
Gasta News:Baidu news Ecommerce platform
Baidu news Ecommerce platform
Baidu has launched “Youa”, its own consumer to consumer e-commerce platform, which has up until now only been available to 50,000 people in a closed beta. The current market leader, Alibaba’s Taobao has a 57% market share and is reportedly investing around $700 million over the next five years to strengthen its position. However estimates suggest that Baidu’s offering will do well – and form 3-5% of its revenues in 2009.
Baidu has launched “Youa”, its own consumer to consumer e-commerce platform, which has up until now only been available to 50,000 people in a closed beta. The current market leader, Alibaba’s Taobao has a 57% market share and is reportedly investing around $700 million over the next five years to strengthen its position. However estimates suggest that Baidu’s offering will do well – and form 3-5% of its revenues in 2009.
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