Metro-Goldwyn-Mayer Studios has filed for a re-organization bankruptcy, the studio announced Wednesday.
Continue reading MGM Files for Chapter 11 Bankruptcy
MGM Files for Chapter 11 Bankruptcy o…
Media giant Time Warner (TWX) reported Wednesday its third-quarter earnings fell 21% as the company took a hefty charge. Adjusted earnings, however, rose, handily topping analysts’ estimates as revenue increased. The company also raised its 2010 earnin…
Google’s (GOOG) Street View cars breached U.K. data laws by collecting personal data.
The U.K. Information Commissioner’s Office reversed an earlier ruling that no data breach had occurred. The office asked Google to delete the data “as soon as it is legally cleared to do so,” BBC News said.
Google has come under fire in countries including Canada, Germany and Italy for its Street…
Continue reading U.K. Rules Google Street View Cars Broke the Law
U.K. Rules Google Street View Cars Broke the Law originally appeared on DailyFinance on Wed, 03 Nov 2010 08:33:00.
Filed Under: Company News, Technology, Media, Google
Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization.
Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.
R2 Investments, another creditor, said that…
Continue reading Citadel Broadcasting Agrees to Cut Executive Pay
Citadel Broadcasting Agrees to Cut Executive Pay originally appeared on DailyFinance on Wed, 03 Nov 2010 07:31:00.
Filed Under: Company News, Technology, People, Media, JP Morgan Chase
T-Mobile USA warned that plans to introduce new high-speed mobile technology could go badly wrong for consumers and companies.
Verizon Wireless (VZ) is currently working on a high-speed service for the end of this year, Reuters reported. The service …