New CEO Named for FOX Following Asset TRANSFER to DISNEY

For the better part of this year, what seemed to dominate news of the business world in terms of major company takeovers is the grand deal between The Walt Disney Company and 21st Century Fox. Already approved by antitrust regulators and somewhere on the stage of finalization, this agreement would have Fox cede many of…

ELON MUSK Bowing Out as TESLA CHAIRMAN in SEC Agreement

When the name Elon Musk is mentioned, two others tend to pop up in mind: Tesla Motors and SpaceX. The South African-born business magnate had established his prodigious entrepreneurial prowess in both the iconic electrical automaker and the private aerospace manufacturer and space transport service, among many other ventures such as tunneling service The Boring…

AUCTION for SKY plc Sees COMCAST BEAT FOX in BIDDING

Barring sudden unforeseen developments, the acquisition of choice assets from 21st Century Fox (movie studio and TV network among them) by Disney is pretty much a done deal. There is only detail that until recently has not been resolved, the matter of the UK-based pay TV giant Sky. That asset was part of the original…

NEW CRITERIA ADDED by NTC for Prospective 3rd RP TELCO

For quite some time the Department of Transportation and Communications, now the Department of Information and Communications Technology (DICT), has been musing over how the country’s commercial telecommunications market has been all but cleanly divided up into only two national corporations, PLDT/Smart and Globe Telecom. One way the DICT’s National Telecommunications Commission (NTC) sees to…