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Fidelity closes on LandAmerica acquisition
Fidelity National Financial Inc. closed on the acquisiton of two title insurance underwriters of the bankrupt LandAmerica Financial Group Inc. Dec. 22. (FNF)
bizjournals

Labels, Web sites in video tussle
The removal of Warner Music Group's videos from YouTube over the weekend highlights the growing tension between music labels and Web sites over what is becoming an important source of revenue for the beleaguered recorded-music industry: advertising and licensing fees from music videos, the foundation that built MTV but which has now largely migrated to the Internet.
Mercury News

CardPartner Bucks Holiday and Economic Trends by Helping Micro-Groups Offer Affinity Credit Cards
PRWEB ) December 24, 2008 -- Dismal holiday sales and contracting consumer demand for credit cards have most card issuers scrambling for growth. But New York-based CardPartner is bucking the trend ...
Big News Network

Letters: Hollow promises
Pakistan is not serious about cracking down on terror groups hiding on its soil.
Business Standard

MPVC Inc.: MPVC Inc. Announces Closing of the Sale of All of Its Assets
TORONTO, ONTARIO (MARKET WIRE) MPVC Inc. ('MPVC' or the 'Company') (TSX VENTURE: OCI) announced that it has completed the sale of all of its assets and the transfer of all of its liabilities (other than those liabilities specifically excluded) (the 'Transaction') to OC Communications Group Inc. ('OCGI') all as more fully disclosed in a press release dated November 13, 2008. The disinterested shareholders of the Company approved the Transaction by way of a special resolution which was passed at a special meeting of the shareholders of the Company held on December 15, 2008.
Marketwire.com

Financial Stocks: Big gain for ProLogis as CIT stumbles
Financial stocks count ProLogis and CIT Group among the relatively few big movers in a holiday-shortened session.
MarketWatch

Celtics top Hub pro athlete salaries
Now here’s a group of high-salaried workers who deliver results.
Bizjournals.com

AIG buys $16B of CDOs in risk reduction effort (AP)
Insurer American International Group Inc. said Wednesday it purchased $16 billion of complex financial instruments in an effort to further reduce its exposure to insurance guarantees written against them.
yahoo.com

Usenet Experiences Unprecedented Growth; Giganews Announces Plans for Storage Upgrades
Giganews, Inc., the world's foremost premium Usenet access provider,announced today that due to unprecedented growth in the volume ofmember uploads, plans to further expand storage capacity have beenadvanced.During September 2008, Giganews completed storage upgrades whichincreased retention levels to 240 days. Shortly thereafter, Giganews'upload traffic jumped to a sustained level averaging well over 400megabits per second, representing more than 4.3 terabytes of new usergenerated content and discussions per day. Giganews has seen steadyupload growth throughout the decade, but the pace following the recentstorage upgrade exceeded all expectations. The chart below displaysthe Usenet upload growth Giganews has experienced since January 2001:"After our storage upgrades we noticed a considerable increase inoverall usage and especially uploads," said Philip Molter, CTO ofGiganews. "Due to the increase we have plans in motion to installfurther storage u
giganews.com

Fierce Competition Invisible Hand 1B Savings
BLOOMBERG American consumers and health insurers saved about 1 billion on...
mrswing.com

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