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E3 2009: Activision Blizzard Reveals Next Steps
Corporate conference call points to a 2009 release for Starcraft II, among other major announcements for the company's major franchises.
IGN Entertainment

General Motors set to file for bankruptcy
General Motors, the U.S.'s largest automaker and an icon of American manufacturing, will file for bankruptcy Monday, paving the way for a de facto government takeover and a reorganization expected to see the company slash 20,000 jobs by the end of 2010.
CNN

Obama: Nationalization of GM to be short-term
WASHINGTON (AP) -- In a defining moment for American capitalism, President Barack Obama ushered General Motors Corp. into bankruptcy protection Monday and put the government behind the wheel of the company that once symbolized the nation's economic muscle....
The Arizona Republic

Power shifts to papers in web war
GLOBAL media companies are making preparations for Google to pay for more content, according to a leading media analyst.
Australian IT

GM Set For Government-Assisted Bankruptcy
The iconic U.S. automaker will file for bankruptcy protection Monday, with the federal government planning to inject another $30 billion to speed the process along, emerging with a 60 percent ownership stake in the company.
NPR

GM to file for bankruptcy today
Detroit » More than 50 percent of General Motors Corp. bondholders said Sunday they would support a sweetened deal to swap the company's $27 billion debt for stock in a restructured, leaner GM.
The Salt Lake Tribune

LAByrinth a.d. trio ankle
Legit News: Hoffman, Ortiz, Rubin step down -- The three artistic directors of Gotham's LAByrinth Theater Company, including Philip Seymour Hoffman and John Ortiz, have stepped down from their posts, citing growing professional and family commitments.
Variety

GM prepares for Monday bankruptcy filing
DETROIT (Reuters) - General Motors Corp and the U.S. government finalized plans for the battered company to reorganize, setting the stage for america's largest-ever industrial bankruptcy filing before markets open on Monday.
Reuters

Zionist leader’s Jerusalem gong
FORMER Zionist Federation of Australia (ZFA) president Dr Ron Weiser has joined illustrious company as a recipient of the Jerusalem Prize.ZFA president Philip Chester said: “The Jerusalem Prize is a...
bignewsnetwork.com

GM Poised To Declare Bankruptcy Tomorrow
This could be the most important week ever for General Motors. The deals have been set. Investors have spoken. And the company that was once the world's biggest automaker is believed to be hours away from declaring bankruptcy.
CBS News

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