The Internet is causing something of an earthquake in
the US media industry, which last year reported a nearly two-fold
increase in job cuts as more people turn to the Web as their main
source for news.
Challenger, Gray and Christmas, a New York-based global outplacement
firm that tracks job cuts, said 17,809 media jobs were eliminated in
2006, an 88 percent increase over 2005, when 9,453 job cuts were
announced.
A defamation suit against a
Malaysian blogger by a leading newspaper is impossible to defend,
lawyers said as they attempted to have the controversial legal
action struck out.
Siemens Power Generation (PG) has
been awarded a contract by Shenhua Ningxia Coal Industry Group Co.
Ltd. (SNCG) in China to supply two entrained-flow gasifiers with a
thermal capacity of 500 MW each...
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