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Summary:

CBS Interactive (NYSE: CBS), under pressure to cut costs after what now seems like an even more costly acquisition of CNET, is announcing so…

imageCBS Interactive (NYSE: CBS), under pressure to cut costs after what now seems like an even more costly acquisition of CNET, is announcing some more restructuring tomorrow, we have learned from reliable sources late tonight, and as part of it, will be merging CBSNews.com and CNET newsrooms. Not clear: if it is merging the two main websites CBSNews.com and News.com. As a result of this merger, there will also be some layoffs, but we couldn’t figure out the extent of those.

CBSNews.com did do some layoffs a year ago, slicing its staff by 15-20 employees, roughly 30 percent, among other smaller cuts. The CBSNews.com site has been among the smallest efforts from any TV news division, and now that CNET brought with it a better online infrastructure and a great domain name with News.com, likely they will finally capitalize on it and broaden the mandate beyond tech.

CBS CEO Les Moonves earlier today mentioned at the UBS conference that he wouldn

  1. Ron Mwangaguhunga Friday, December 12, 2008

    Why this time of year?

  2. An alert for the taxpayers of America, A major C,P,A, firm notified me that twenty five percent that costumes we be lost, because they can not save the moneys to pay the taxes. This should bring a Government bailout for taxpayers, or millions of people will owned by Government of America through the I,R,S . My name is Les Poppa former C,E,O of Lakeland village, Wildomar, Taxpayer association.

    Thank you kindly Les Poppa

  3. An alert for the taxpayers of America A major C,P,A, firm notified me that twenty five percent that costumes we be lost, because they can not save the moneys to pay the taxes. This should bring a Government bailout for taxpayers, or millions of people will owned by Government of the America through the I,R,S . My name is Les Poppa former C,E,O of Lakeland village, Wildomar, Taxpayer association.

    Thank you kindly Les Poppa

  4. On todays’ ( 8/7/2011 ), version of WCBS TVs’  ” Face THe Nation “, commentator Bob Schieffer, opened, with a video clip of Pres. Obama.  In that interview, shortly after his election as President, he pledged to accept responsibility for the status of the nation, as would exist, at the end of his four-year term. He obviously was overly optimistic , with high expectations of bipartisanism, within Congress and the Senate. This has not occured.
      Mr Schieffer, suggested that Pres. Obama, should ‘ own-up ‘ to his promise and now accept total responsibility, for the continued failure, within both Houses, to successfully move towards bringing the affairs of the Nation, to order. That suggestion, would carry greater credibility, if Sen. Mitch McConnell and others, had not pledged from ‘ day-one ‘, to ensure that Pres. Obama becomes a ‘ one-term’ President.
     In order, to portray a truly balanced image, of the intent of the questions posed , he ( Bob Schieffer ) should have opened the segment with Sen Lindsay Graham, by showing video clips of McConnell and others, promising to ensure Pres. Obamas’ failure.
    These are formidable obstacles to overcome, particularly when one embarks on a mission, attempting to reverse decades of fiscal policies, which embraced and encouraged selfishness and greed ! !
    Mr. Schieffer, ….. better is expected, of your wisdom !
    Have a pleasurable vacation,Sir ! !

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