Viacom Board Approves Separation

Viacom To Become Two Separate Companies

Viacom announced that it is splitting into two separate publicly traded companies through a spin-off to shareholders in a decision that was approved by the company's board of directors.

Google Playing Catch Up; Corrections for Stephanie Olsen

So I'm reading Google readying Web-only video search over on ZDNet and am struck by a few things. First off, this "web-only" moniker is a bit odd. I read the whole article and was still left not entirely sure what "web-only" really means.

Morgan Stanley CEO Steps Down

Morgan Stanley CEO Philip Purcell sent a letter sent around to employees of the company announcing his plans to retire. Lately he has faced a lot of criticism.

Purcell’s Reign Comes To An End

Philip Purcell, the CEO of Morgan Stanley, who has been faced with a lot of criticism, sent a letter to the firm's employees announcing his plans to retire.