At 11 o’clock this morning the nine Justices of the Supreme Court of the United States are set to hear arguments in a case that could determine whether content remains king—or loses a cornerstone of copyright protection, toppling an economic underpinning of the entire entertainment business. The case is American Broadcasting Cos. vs. Aereo Inc. […]
Aereo and The Supremes Read More »
Hi guys, I now am in Week 10 of my first-ever stint among The Unemployed. And it could run quite a while longer. Recent data show more than two million people over age 50 now are unemployed. Among workers 55 and older, half have been jobless for six months or more, compared with only 37%
How to be Jobless, Part 2 Read More »
Is it really over? Are we really done with one of the best bull markets in the history of stocks? Not quite, and certainly not yet. Markets climb a wall of worry, the old saying goes, and Russia’s bullying in Ukraine is reason enough to startle the gazelles of Wall Street. Neither bulls nor bears,
Is This Bull Run Done? Read More »
That rascally Russian Vladimir Putin–Pooty, as George W. had nicknamed him–is at it again. He isn’t stopping in Crimea, it now is clear, as he sends masked thugs into police stations across eastern Ukraine. Passivity by the U.S.–the only superpower left–invites aggression by a diminutive despot with a chip on his shoulder and something to
Passivity Begs Aggression Read More »
Oh, please, give me a break—so now the litmus test on whether an executive supports gay marriage is a measure of whether he should be a CEO? “CEO Quits Under Fire For Stance On Gay Marriage,” the page-one headline declares in The Wall Street Journal this morning. Just days after being named CEO of Mozilla,
Oh, the things people say to you when you’re unemployed. This is Week 8 for me, and it’s getting harder not easier. One of the haters at ZeroHedge was right: Let’s see how perky I’ll be feeling a year from now. But I am steeled by the comments I’ve heard since I left FoxBiz on
Quotes for the Unemployed Read More »
The Outrage Brigade is at it again, this time drawing a target on—and missing the entire point of—the satire of Stephen Colbert of “The Colbert Report.” It’s now trending on Twitter: #CancelColbert. Good Variety story on it this morning, here: http://bit.ly/1eXxMhG Oddly, it is a mere 140-character (max) tweet, rather than the Colbert TV bit that
The Brigade: At it Again Read More »
It’s always a delicate and difficult task when you’re a reporter covering media and you have to do a story on the media company that employs you. And so the ink-stained wretches at The Wall Street Journal can be forgiven for their tentative take on the real meaning of a stunner of an announcement on
A Prodigal Son Returns Read More »
Zuckie has done it again! With Facebook’s latest crazy acquisition—$2 billion in cash and stock for a virtual-reality goggles startup that has neither revenue nor even customers—it is now official: There isn’t a stock-market bubble, but Facebook itself is a bubble. Mark Zuckerberg’s buying binge looks like a disjointed food-fight strategy funded by Monopoly money:
Facebook’s Virtual Unreality Read More »
Part 2. See also Part 1: Comcast’s Bite at the Apple http://denniskneale.com/comcasts-bite-at-the-apple/347 A deal between Apple and Comcast would be a huge advance for Net-TV, streaming live and on-demand video from a new Apple set-top device plugged directly into Comcast cable systems. But it would be bad for Netflix. And it also could hasten the erosion
The Comcast-Netflix Equation Read More »