Recent Business News

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IRS Says Billionaire Owes $144 Million

online.wsj.com — The Internal Revenue Service is fighting with billionaire Philip Anschutz to force the Denver-based mogul to pay back taxes totaling $143.6 million. The court battle is part of a broad attempt by tax authorities to crack down on complex transactions used to defer paying capital-gains taxes. More…

0 Comments   Submitted By: destiney   Categories: Business, Government

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Metallica to bloggers: don't review our music

arstechnica.com — Metallica demands that early reviews of six tracks from its new album be removed... after the band invites journalists to come listen to them. More…

0 Comments   Submitted By: destiney   Categories: Business, Entertainment

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French ISPs Agree To Censor The Web

techdirt.com — Well here's a news story that actually combines two separate recent stories here. France, who we've just talked about for its repeated mistake in blaming platforms for the actions of their users, has followed down the same path that New York state just trekked concerning misguided concepts on how to stop objectionable content online. That is, France is now requiring ISPs to block a list of sites that it determines as objectionable. Apparently the list will be based on sites flagged by web users. More…

0 Comments   Submitted By: destiney   Categories: Business, Technology

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Why Should XM Have To Get Permission From The Recording Industry To Innovate?

techdirt.com — In a rather disappointing move, satellite radio company XM has now settled with EMI concerning a lawsuit over its Inno device, that allowed users to record XM streams. This follows XM's similar settlements with the other major record labels last year. No terms are being announced, which is problematic. The whole problem with this lawsuit was the fact that the record labels seemed to believe that XM was unable to innovate without getting their permission and paying them. The Inno device was simply a device to record satellite radio streams -- which is perfectly legal. Time shifting and recording radio is well-established as being legal. But the recording industry used the case to try to squeeze extra royalty payments out of XM. More…

0 Comments   Submitted By: destiney   Categories: Business, Technology

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Tell Bill O'Reilly: Stop Pretending to be a Journalist

secure.freepress.net — Rupert Murdoch and his on-air bully Bill O'Reilly launched a laughable attack against the media reform movement, and quality journalism everywhere. Take action! More…

0 Comments   Submitted By: destiney   Categories: Business, Entertainment, Other

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Bush and Congress offer no immediate help on gas prices

www.cnn.com — Gas prices keep soaring and the chances of Washington finding a solution keep dropping because Democrats and Republicans are deadlocked over how to fix the problem. More…

0 Comments   Submitted By: destiney   Categories: Business, Government, Humanity

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The iPhone Price Drop is a Lie

www.pcworld.com — You probably heard that the iPhone was dropped to $199. What you probably didn't hear is that you pay an extra $240 over two years in "increased" data plan costs. So what do you end up paying? $439 for the low end model. That doesn't sound like a price drop to me. More…

0 Comments   Submitted By: destiney   Categories: Business, Technology

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3 Graphs Showing The Varying Impact of Gas Prices

www.nytimes.com — Where Gas prices hit hardest throughout the U.S. Where Gasoline is least expensive. Distribution of Wealth. - Gas prices are high throughout the country, but how hard they hit individual families depends on income levels, which vary widely. More…

0 Comments   Submitted By: destiney   Categories: Business, Humanity

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MPAA Asks FCC To Allow It To Block DVR Recording Of Certain Movies

techdirt.com — The entertainment industry lobbyists are basically working ever possible angle to get more "control" over its content. We've already seen how they mess with the legislation process and the international treaty process, and now they're trying to use the FCC as well (not for the first time, either). The latest is that the MPAA is asking the FCC to remove certain restrictions that forbid it from blocking the recording of certain movies and from downgrading the ability to record certain movies. Basically, the MPAA is asking the FCC let it make use of "Selectable Output Control" to keep its rapidly disappearing "release windows" business model possible. More…

0 Comments   Submitted By: destiney   Categories: Business, Entertainment, Technology

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Murdoch of Fox News Admits Manipulating the News for Agenda

www.youtube.com — Rupert Murdoch of News Corp / Fox News Admits Manipulating the News for Agenda - Admits he supported the Bush Agenda in Iraq - He is part of the Bilderberg group - This is why Fox News has an agenda against Ron Paul in the 2008 Presidential Election More…

0 Comments   Submitted By: destiney   Categories: Business, Government, Politics

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