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30 Nov 2009 20:40


Biz: An electric company and a water company make a deal on a media giant

  • GE and Vivendi agree on terms that’ll allow a Comcast deal to go forward. How much is Vivendi’s 20% stake in NBC Universal? $5.8 billion. At least that’s the number the water company agreed on with General Electric. GE, which owns 80% of the company, is in the midst of building a 50/50 joint venture with media giant wannabe Comcast. The deal clears the way for that to happen. source

11 Oct 2009 11:27


Tech: Help a zombie out, pay for gaaaaaaaaaaaaaaaaaaames

The Zombie Experiment
  • Crowdsourcing through Zombies. The Zombie Experiment is looking to create a game completely paid for by fans who donate money and who have a say in the game’s design. Oh, and they donate to charity. Awesome. source

10 Jun 2009 10:41


Biz: Legal issues pushed aside, Chrysler and Fiat tie the knot

  • court Last night, the Supreme Court pushed the biggest obstacle out of the way for the merger of the century … well, until GM has to do something similar.
  • share This morning, Fiat officially owns 20% of Chrysler, a share that could go up to 35% if it goes well. The UAW owns the biggest share, however, at 55%.
  • thoughts Fiat CEO Sergio Marchionne sounds upbeat about the sale: “This is a very significant day … for the global automotive industry as a whole,” he said. source

20 Jan 2009 08:21


Biz: Chrysler gets an infusion of foreign blood

  • 35% Fiat’s newly agreed-upon stake in Chrysler source