BRIEFLY OIEN NEW PRESIDENT OF VIVENDI DIVISION.Byline: - From Staff and Wire Reports Vivendi Universal Net USA, Vivendi Universal's U.S.-based Internet- technology company, announced Tuesday that Derrick derrick: see crane. Derrick famous hangman; eponym of modern hoisting apparatus. [Br. Hist.: Espy, 170] See : Execution R. Oien has been made president of Vivendi Universal Net USA Music Group. In his new job, Oien will oversee all initiatives of VUNet USA's popular music properties including MP3.com, RollingStone.com, GetMusic.com and EMusic.com. The appointment follows the creation last fall of VUNet USA. Oien's role within the organization includes extensive involvement in sales initiatives across the Music Group. Combined, VUNet USA's music sites have attracted more than 45 million registered users to date. Oien was previously president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of MP3.com, which he joined in July of 1999. Spanish-language TV profits decrease Profits at Spanish-language television network Univision dropped 69 percent in the fourth quarter due to weak advertising revenue. The company reported net income of $10.9 million, or 5 cents a share, compared with $34.9 million, or 17 cents a share in the same period last year. The results were in line with the expectations of analysts surveyed by Thomson Financial/First Call. Revenue declined by 2 percent to $234 million from $239 million in the same quarter last year. The company said ratings at its main broadcast network, Univision, and its cable television network, Galavision, increased during the quarter. The company launched a second broadcast network, TeleFutura, in January. Critical Path pair accused of deceit Deceit Aimwell pretends to be titled to wed into wealth. [Br. Lit.: The Beaux’ Stratagem] Ananias lies about amount of money received for land. [N.T.: Acts 5:1–6] Ananias Club all its members are liars. [Am. SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - Federal authorities on Tuesday accused two former Critical Path Inc. executives of fabricating sales in 2000, an accounting scandal that nearly ruined the once high-flying e-mail provider. Investors have known about Critical Path's accounting methods for nearly a year, but Tuesday's complaints filed by the Securities and Exchange Commission and U.S. Attorney's Office provided the first details of the deceit. The criminal and civil complaints filed against David A. Thatcher Thatch·er , Margaret Hilda. Baroness. Born 1925. British Conservative politician who served as prime minister (1979-1990). Her administration was marked by anti-inflationary measures, a brief war in the Falkland Islands (1982), and the passage of a and Timothy J. Ganley paint an unflattering portrait of corporate accounting practices amid growing investor jitters jitters 'Butterflies' Psychology An episode of nervousness or anxiety that often precedes a public event; jitters is a type of performance anxiety which may affect actors in a stage production–stage fright or soloist musicians; it may respond to anxiolytics about financial deception following Enron Corp.'s collapse. The Houston-based energy trader went bankrupt after admitting it concealed massive losses. December factory orders post gains WASHINGTON - Stronger demand for semiconductors, household appliances and machinery helped lift factory orders in December, suggesting the nation's beleaguered be·lea·guer tr.v. be·lea·guered, be·lea·guer·ing, be·lea·guers 1. To harass; beset: We are beleaguered by problems. 2. To surround with troops; besiege. manufacturers may be coming out of their long slump. After falling by 4.3 percent in November, orders to U.S. factories for manufactured goods manufactured goods npl → manufacturas fpl; bienes mpl manufacturados manufactured goods npl → produits manufacturés rose by 1.2 percent in December, the second increase in the last three months, the Commerce Department reported Tuesday. Manufacturers have been mired mire n. 1. An area of wet, soggy, muddy ground; a bog. 2. Deep slimy soil or mud. 3. A disadvantageous or difficult condition or situation: the mire of poverty. v. in a slump for the last year and a half and have been hardest hit by the recession that hit the national economy in March. To cope, they have sharply cut production, trimmed hours and laid off workers. Last year, factories shed 1.3 million jobs, or about 7 percent of their work force. |
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