Chris Hayes Scolds Other Cable Networks For Irresponsible Plane Speculation
Chris Hayes takes a look at some of the more ridiculous coverage regarding Malaysia Flight 370.
Chris Hayes Scolds Other Cable Networks For Irresponsible Plane Speculation
Chris Hayes takes a look at some of the more ridiculous coverage regarding Malaysia Flight 370.
breitbart.com
February 23, 2014
Politicians agree upon little in the Age of Obama, but bipartisan concerns greeted the proposed $ 45 billion merger between Comcast and Time Warner Cable.
The matter should intensify in the coming weeks as hearings flesh out the details behind the plan.
Sen. Al Franken, the MN Democratic who once toiled on behalf of Saturday Night Live, fears the plan will result in higher cable bills and worse service.
“There’s not enough competition in this space, and what we need is more competition, not less,” Franken said in a statement to The Hill.
This article was posted: Sunday, February 23, 2014 at 12:34 pm
REFILE-Charter touts benefits of Time Warner Cable deal
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Tue Jan 14, 2014 1:57pm EST
By Liana B. Baker
Jan 14 (Reuters) – Charter Communications sees annual synergies of $ 500 million and other benefits such as tax savings from its proposed acquisition of Time Warner Cable , the company said in an investor presentation posted on its website Tuesday.
The company said annual synergies would grow to $ 750 million over time. Charter said the combined company would have to take on $ 20.5 billion in new debt, or $ 72.16 per share, which would bring it to a leverage ratio of 4.8 times to five times.
Charter also said in its 30-page presentation that Charter would be able to accelerate Time Warner Cable’s customer and cash-flow growth, increase its margins and roll out higher Internet speeds.
On Monday, Charter, the No. 4 cable operator, proposed paying $ 132.50 per share, consisting of around $ 83 per share in cash and its own stock, in a deal valued at $ 37.3 billion.
Time Warner Cable shares on Tuesday rose 3.1 percent to $ 136.48.
On Tuesday night’s The Daily Show,host Jon Stewart weighed in on cable news freaking out over Colorado’s decision to legalize recreational pot.
Stewart blasted Fox’ Billy O’Reilly and his “old timey Americana restoration hour,” for saying pot-smoking is “literally Russian roulette.”
“I think the only difference between a bong hit and pointing a loaded gun at your own skull is that the gun can kill you instantly, and must never be criminalized or restricted in any way ever,” Stewart remarked.
Stewart also took issue with “gramaplodeon” O’Reilly’s bizarre attempt to connect pot smoking to text messaging amongst teens relying on psychiatrist Keith Ablow to support the “texting-industrial complex.”
“I guess I could say, you’re a f*cking idiot,” Stewart responded.
In the second segment, Stewart drew attention to data showing that pot is far less harmful than alcohol, blasting Fox & Friends host Steve Doocy for hypocritically condemning pot but openly promoting drinking on air, at one point declaring, “I’m gonna get real drunk.”
“Your argument against marijuana, it would carry a lot more weight if these same individuals had a similar perspective on America’s alcohol usage,” Stewart remarked. “Rest assured, our children will never be exposed to this potentially overstated fantasy world that glorifies alcohol consumption…unless they watch TV,” mocked Stewart.
Watch the two part segment:
For a weekly roundup of news and developments in the drug reform movement and the injustices stemming from prohibition, sign up to receive AlterNet"s Drugs Newsletter here. Make sure to scroll down to “Drugs” and subscribe!
Incoming Time Warner Cable CEO could exit with $50 million-plus after deal
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The Time Warner Cable office is shown in Carlsbad, California November 5, 2012.
Credit: Reuters/Mike Blake
(Reuters) – Time Warner Cable Inc, being circled by potential buyers, could pay out more than $ 50 million to incoming Chief Executive Robert Marcus as part of his contract, if the company is bought while he is CEO and he gets replaced.
Marcus, 48, is set to take over the top job at the No. 2 U.S. cable company from Glenn Britt on January 1 as takeover speculation surges.
For Marcus to receive the money upon his departure, Time Warner Cable would have to see a change in control from “an applicable merger, acquisition, sale or other agreement,” once he is CEO, according to an employment agreement outlined in a regulatory filing.
If he makes way for a new chief, Marcus would receive three times his base salary of $ 1.5 million and three times his $ 5 million annual bonus, which equals $ 19.5 million.
Marcus would also be entitled to stock options accrued over his time at the company. Based on Time Warner Cable’s closing price of $ 136.56 on Tuesday, Marcus would be able to cash out of roughly $ 37 million in stock, according to a proxy filing. That would bring Marcus’ total payout to about $ 56.5 million.
A change-in-control agreement is common in employment contracts for CEOs, according to Daniel Laddin, a partner at Compensation Advisory Partners, which consults on executive compensation. The provision is designed to provide financial security to executives so they would be open to a deal without being worried about being out of a job, he said.
“This change-in-control provision is fairly typical. What’s the unusual circumstance is to have an incoming CEO announced already, while a company is in a play,” Laddin said.
The “golden parachute” for H.J. Heinz CEO William Johnson, for example, was set at about $ 56 million in March after the ketchup maker’s acquisition by Berkshire Hathaway and 3G Capital.
In another instance, Nokia CEO Stephen Elop received an 18.8 million euro ($ 25.5 million) termination payment after he negotiated the sale of its handset business to Microsoft Corp.
Charter Communications Inc and top cable provider Comcast Corp are examining a joint bid for Time Warner Cable, according to reports. Time Warner Cable has been an acquisition target for John Malone, chairman of Liberty Media Corp, Charter’s biggest shareholder, since the summer.
Earlier this year, Liberty’s offer for the company was rejected because it was not viewed as beneficial to Time Warner Cable shareholders, Reuters has reported.
A Time Warner Cable spokesman declined to comment.
Time Warner Cable shares have increased 41 percent year to date, outpacing the S&P 500 index, largely due to the recent speculation of a takeover. This has been a major boost to Marcus’ equity and the value of his pay package.
“The big numbers are really a function of the stock price having done so well, and at the end of the day the shareholders are benefiting as well,” Compensation Advisory Partners’ Laddin said.
If the company is sold this year before Marcus becomes CEO and he leaves, he would pocket $ 10.5 million in severance, and the same $ 37 million in stock options, which totals $ 47.5 million.
Marcus was named the incoming chief in July. He was promoted to chief operating officer and president in 2010, five years after he joined the company. Marcus started his career as an attorney focused on mergers and acquisitions.
(Reporting by Liana B. Baker; Editing by Christian Plumb and Jeffrey Benkoe)
The President of Brazil, Dilma Rousseff announces publicly the creation of a world internet system INDEPENDENT from US and Britain ( the “US-centric internet”).
Not many understand that, while the immediate trigger for the decision (coupled with the cancellation of a summit with the US president) was the revelations on NSA spying, the reason why Rousseff can take such a historic step is that the alternative infrastructure: The BRICS cable from Vladivostock, Russia to Shantou, China to Chennai, India to Cape Town, South Africa to Fortaleza, Brazil, is being built and it’s, actually, in its final phase of implementation.
No amount of provocation and attempted “Springs” destabilizations and Color Revolution in the Middle East, Russia or Brazil can stop this process. The huge submerged part of the BRICS plan is not yet known by the broader public.
Nonetheless it is very real and extremely effective. So real that international investors are now jumping with both feet on this unprecedented real economy opportunity. The change… has already happened.
Brazil plans to divorce itself from the U.S.-centric Internet over Washington’s widespread online spying, a move that many experts fear will be a potentially dangerous first step toward politically fracturing a global network built with minimal interference by governments.
President Dilma Rousseff has ordered a series of measures aimed at greater Brazilian online independence and security following revelations that the U.S. National Security Agency intercepted her communications, hacked into the state-owned Petrobras oil company’s network and spied on Brazilians who entrusted their personal data to U.S. tech companies such as Facebook and Google.
..
BRICS Cable!
http://www.bricscable.com/(see video)
BRICS Cable… a 34 000 km, 2 fibre pair, 12.8 Tbit/s capacity, fibre optic cable system
See also
Brazil plans to go offline from US-centric internet
Brazil Looks To Break From US-centric Internet
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HDMI technology is cutting edge in that it allows both audio and video to be transferred along a single cable. This means that HDMI cables are more efficient and save the user the hassle of having to worry about both audio and video components every time they hook up a television. The only real trouble with HDMI cables is that sometimes they are a little on the short side.
The solution to this problem, is an extender. A specific HDMI extender helps to extend the distance that the signal can travel; up to 50m. However, DMI and HDMI cables will be required, in order for the extender to work. The great news is that the extender doesn\’t need a power source, in order to work. This saves the user money on their utility bill in the long run, since other types of cable extenders use more power, make one\’s utility bills higher priced.
The truth is that sometimes you just need a whole lot of room to get the source of video and audio to connect to the television in order to watch the program. Long HDMI cables and an HDMI extender are key in making that happen. It\’s often extremely frustrating to not have these materials on hand when the television and cable box, computer, or other video playback device is already working. Without the right cable an extender the computer and television will be completely useless for playing videos since they need a means for communication.
Another benefit of using long cables is that you can put the television anywhere in the room that you want. If you have 40 or more meters of cable, you can even set up a television in a different room then the video source. Additionally, many modern computers have HDMI hookups which give you versatility when it comes to what videos you want to watch. This is because computers let you use more services than televisions do, such as streaming video sites, downloaded videos, and so on.
The great news is that HDMI cables aren\’t hard to set up, because each port end is clearly marked. You\’ll see exactly where you need to hook up each end. Using one cable will free you of having to deal with tangled bunches of cords. Owners of HD T.V.s will be glad to know that these cables are perfect for HD television use. These cables offer some of the highest pixel resolution on the market.
Did you know that you can use these cables with mobile devices, in order to stream movies? For example, if you hook the cables up to your mobile phone, you can download and stream movies from your mobile phone, right to your television set.
You\’ll need to have the correct type of HDMI extender for televisions such as an HD 1080p. Otherwise, the quality of your feedback will suffer a bit. Make sure that your extender\’s specs match up with the specs for your particular television, in order for it to function as it should.
Thank you to Lindy USA for information on USB Cables and other network and cable information.