The Tribune Co. officially emerged from bankruptcy Monday with a new board including former Yahoo exec Ross Levinsohn and former Disney exec Peter Murphy. The company plans to sell off its 23 television stations, eight daily newspapers and stakes in websites like CareerBuilder.com. Read more at paidContent »
The Agua Caliente solar project in Yuma County, Arizona — which is one of the world’s largest solar panel farms — is now two thirds completed, according to the owners and developer of the project, NRG Energy, MidAmerican Solar and First Solar. Read more »
Newspaper companies are trying to cut costs by shutting down the printing presses and laying off staff, but unless they have a strategy for managing the transition from print to digital, all they are doing is liquidating the goodwill of a generation of readers and advertisers. Read more »
Is Warren Buffett’s recent acquisition of the Media General chain a brilliant gamble, or an indication of his faith in the long-term prospects of newspapers? Clay Shirky argues it is neither — he says Buffett misunderstands some fundamental things about the business he has bought. Read more »
The Oracle of Omaha acquired his hometown newspaper in January and just snapped up dozens more in a $142 million deal. This is supposed to be the fastest declining industry in America. What is Warren Buffett up to? Read more at paidContent »
Yahoo CEO Scott Thompson apologized to his staff but has yet to explain how he wound up being credited for a degree he didn’t get. Meanwhile Third Point’s Daniel Loeb turns up the heat in a proxy battle that may claim a CEO. Read more at paidContent »
Being a billionaire means Warren Buffett’s views on all kinds of things get a lot of attention — but his comments about the benefits of newspaper paywalls suggest the octagenarian investor misunderstands what the business of content looks like in our digital and hyper-connected age. Read more »
The solar industry has begun 2012 with some trepidation, with many on the warpath to cut costs and reduce output. These moves give the market a chance to reduce inventories and get production more in sync with demand. But recovery will likely come slowly. Read more at GigaOM Pro »
Did the Warren Buffett investment machine see some seriously undervalued assets in solar, even as most investors have recently viewed the solar industry as a train wreck? Read more »
On New Year’s Day, Ginny Rometty took the reins at IBM. Big Blue is on a roll: its stock outperformed Google and Apple this year, and Warren Buffett is a fan. But the IT giant faces perils as well as opportunities going into 2012. Read more »
While 2011 will be remember as a troubling year for solar manufacturers, it also is a year when major U.S. power companies such as Duke, MidAmerican and Exelon took a plunge into investing and owning solar power plants. Read more »
The newspaper industry is savoring some good news with the announcement that Berkshire Hathaway is taking over the Omaha World-Herald Compan… Read more at paidContent »
When you’re introduced as one of Warren Buffett’s most trusted advisors, and possible successor, your opinions carry a lot of weight. That’s the classic intro for David Sokol, Chairman of the MidAmerican Energy Holdings, who says he doesn’t support the Waxman Markey Climate bill. Read more »
Panasonic EVP Bob Perry made it clear at this week’s TV of Tomorrow Show that there’s not much love lost in America for cable TV. He joked that even Wall Street bankers might be more popular than cable execs, and warned that cable companies won’t survive […] Read more »
Meet the Climate Killers: Tim Dickinson argues 17 “polluters and deniers” are derailing efforts to curb climate change. Investor Warren Buffett tops the list for bad-mouthing climate legislation and pouring billions of dollars into the country’s biggest climate polluter and top coal hauler. – Rolling Stone via Mother […] Read more »
