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Watch Shelly’s commentary on KATIE COURIC going on the road with McCain and Palin and how it could be the GOP’s way of punishing NBC.
This week’s MONDAY NIGHT FOOTBALL game between the Dallas Cowboys and Philadelphia Eagles drew the largest audience in the history of cable television. According to ESPN, the game drew a 13.3 rating and hit approximately 12.95 million homes. The former highest rated cable event, also a Monday Night Football game, only hit 8.4 million households.
Despite slumping sales, UNIVERSAL MUSIC GROUP reported a 5% increase in revenue. VIVENDI CEO Jean-Bernard Levy noted that UMG had already hit rock bottom and that sales were beginning to trend upward. Levy believes UMG is properly positioned for growth, especially with new revenue streams and technologies constantly popping up.
NORTEL NETWORKS stock plunged 49% yesterday. Stock began falling after the telecom-equipment manufacturer announced it wouldn’t hit its projected sales forecasts and was planning a new round of layoffs. Nortel is just one of many in the teleco-equipment business struggling to cope with a price war with Chinese manufacturers.
GOOGLE and GE are working together to develop smart grid power technologies. The goal is to expand the national power grid by incorporating new, more efficient energy sources. The goal is simple, to be able to transmit power from energy sources, like wind plants and solar plants, throughout the country.
The INTERNATIONAL TRADE COMMISSION is investigating whether or not NINTENDO WII violates patents made by HILLCREST LABORATORIES. Hillcrest believes that NINTENDO infringed on four of its patents, including motion-detecting technology that powers its controllers. If found guilty, the ITC has the power to ban NINTENDO products in question in the United States.