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Tom Freston is Still Waiting for Sumner Redstone's Thank-You Note
Friday, July 1, 2011 - 10:26am | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Will Tom Freston Ever Get a Thank-You from Sumner Redstone?
Thursday, June 30, 2011 - 5:24pm | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Is Social Networking Just a Fad?
Thursday, June 16, 2011 - 10:18am | 1042Facebook just lost six million American users, marking the end of an era for the world's largest online community. Well, not really. But it does beg the question: what does the future hold for social networking? And how can six million people just vanish from Facebook? Statistical Anomalies...