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Business News
Postbank sale may fail over target price: report (Reuters)

A woman walks past a Postbank branch in Frankfurt, Germany, June 17, 2004. (Alex Grimm/Reuters)Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.


Auto sector woes could spur deals: Renault CEO (Reuters)

Nissan Motor Co and Renault SA's Chief Executive Carlos Ghosn listens to a question during a news conference in Yokohama, south of Tokyo June 25, 2008. (Yuriko Nakao/Reuters)Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.


BCE buyers finalize funding (Reuters)

A sign is seen outside the offices of BCE Inc., Canada's largest telecoms group, in Montreal, May 21, 2008. (Shaun Best/Reuters)Reuters - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price.


Hyundai union calls for work stoppage next week (Reuters)

An employee talks on a phone at a Hyundai automobile shop in Seoul April 24, 2008. Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday. (Jo Yong-Hak/Reuters)Reuters - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.


Alabama likely site of new VW plant: report (Reuters)
Reuters - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.
Smooth sailing for yacht builders despite economy (AP)

Workers continue preparations on a super yacht at Trinity Boats in New Orleans, Tuesday, April 29, 2008. These days at New Orleans-based Trinity Yachts, the largest domestic builder, the biggest problems are having enough workers and enough time to handle the 24 custom contracts the company has for the luxury vessels.  'Nobody is buying these yachts because they need them,' said William S. Smith III, Trinity's vice president. 'They're buying them because they want them.' (AP Photo/Dave Martin)AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.


Fox launches venture to discover animation talent - 12, May 2008

LOS ANGELES (Hollywood Reporter) - News Corp. is drawing up big small-screen animation plans. 20th Century Fox TV and Fox Broadcasting Co. have teamed to launch Fox Inkubation, a joint venture designed to discover new animation talent and develop animated



By Nellie Andreeva
LOS ANGELES (Hollywood Reporter) - News Corp. is drawing up big small-screen animation plans. 20th Century Fox TV and Fox Broadcasting Co. have teamed to launch Fox Inkubation, a joint venture designed to discover new animation talent and develop animated projects outside of the traditional model.
Additionally, 20th TV has formed a new animation department focused on more conventional development of cartoon series and has tapped Jennifer Howell, executive vice president of "South Park" creators Matt Stone and Trey Parker's Important Films, to run it.
"So much of our success has been driven by animated shows, and we have been contemplating how to step up our efforts in the area," 20th TV chairman Gary Newman said. "We believe it is critical to our future success."
Separately, Fox entertainment president Kevin Reilly had been looking to do the same on the network side, so the sister companies joined forces to create Inkubation, which also will be overseen by Howell.
The initiative will give aspiring writer/animators funding to make two-minute shorts in lieu of penning a script.
If the shorts are successful, Fox and 20th TV may order additional shorts or take the concepts to pilot, possibly pairing the newcomers with experienced producers.
"A lot of the greatest voices in that arena came from outside the system, like Matt Groening, Matt Stone and Trey Parker and Seth MacFarlane," Reilly said. "We want to let these voices be produced in a pure way."
Instead of a script order, young animator MacFarlane famously was given $50,000 by Fox and 20th TV a decade ago to produce a 15-minute presentation of a show based on characters from his college thesis. The show became "Family Guy." 





(c) 2008 Reuters
Other news from Entertainment category:
  1. Man rips head from Hitler wax figure - 06, Jul 2008

    BERLIN (Reuters) - A man tore the head from a controversial waxwork figure of Adolf Hitler on the opening day of Berlin's Madame Tussauds museum on Saturday, police said.

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  2. "Kung Fu Panda" prompts soul-searching in China - 06, Jul 2008

    BEIJING (Reuters) - More than just a box-office hit in China, animated Hollywood comedy "Kung Fu Panda" has led Chinese artists to find fault with their own film industry and call for fewer government controls on culture.

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  3. ABBA foursome make rare appearance - 05, Jul 2008

    STOCKHOLM (Reuters) - All four members of supergroup ABBA appeared together on Friday at the Swedish premiere of the film "Mamma Mia!", delighting fans with their first public showing for years.

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  4. Paparazzi feel the heat in California - 04, Jul 2008

    LOS ANGELES (Reuters) - For years Hollywood's paparazzi have hounded celebrities, but now -- with help from local politicians, a lawyer in the Monica Lewinsky case, and even Malibu surfers -- they are the ones feeling the heat.

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  5. Bozo the Clown's Larry Harmon dead at 83 - 04, Jul 2008

    LOS ANGELES (Reuters) - Larry Harmon, the alter ego behind Bozo the Clown for more than 50 years, died on Thursday of congestive heart failure at age 83, his spokesman said.

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  6. Just a Minute With: Josh Peck for "The Wackness" - 04, Jul 2008

    LOS ANGELES (Reuters) - Actor Josh Peck has spent much of his teenage and young adult life in front of television cameras portraying the chubby, goofy character Josh in the Nickelodeon cable TV series "Drake & Josh."

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  7. Sex Pistol says it's all about family, community - 04, Jul 2008

    LONDON (Reuters) - He and his band have been the scourge of the British establishment for decades, whether by swearing on television in an age when it still shocked or mocking the monarchy.

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  8. Sacha Baron Cohen, Will Ferrell team up for sleuth film - 04, Jul 2008

    LOS ANGELES (Reuters) - Sacha Baron Cohen will star as detective Sherlock Holmes and Will Ferrell as his loyal assistant, Watson, in an upcoming film comedy inspired by tales of the fictional English sleuth, Columbia Pictures said on Wednesday.

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  9. Suze Rotolo: Bob Dylan's muse in a freewheelin' time - 04, Jul 2008

    NEW YORK (Reuters) - It's not easy living with having been the muse and lover of any great artist, let alone someone with demigod status like Bob Dylan.

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  10. Lost footage of "Metropolis" surfaces in Argentina - 04, Jul 2008

    BERLIN (Reuters) - Film historians had doubted they would ever find the missing parts of "Metropolis" -- until three reels of the science fiction movie made in Germany a long time ago, were discovered in a country far, far away.

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Software News
'Containers' Out Perform Virtualization For KV Pharmaceuticals (TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.
Nokia 6220 Smartphone Released (TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.
Microsoft Hopes Office Subscription Plan Will Counter Free Software (TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.
Three Startups To Solve SaaS Integration Problems (TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.
Blogger Opinion: Why We Left NetSuite (NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.
Krugle enhances code search appliance (InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.