BUSINESS NOTES BACKSTREET BOYS TO GO ASIAN ON NET.ENCINO - Stan Lee Media Stan Lee Media (SLM) was an Internet-based creation, production and marketing company that created branded super hero franchises for applications in all media. Its 165 man animation production studio was based in Los Angeles, California from 1998- 2001. announced Tuesday that, along with Asia's largest producer of animation, it will develop and market Japanese and Korean versions of the comic book comic book Bound collection of comic strips, usually in chronological sequence, typically telling a single story or a series of different stories. The first true comic books were marketed in 1933 as giveaway advertising premiums. creator's most famous heroes. Venture Soft Ltd. will invest $5 million in Stan Lee Media's foray into Asia and own equal shares in the joint venture. Stan Lee Media will market Japanese and Korean versions of animated Internet series such as ``7th Portal'' and ``The Backstreet backstreet Noun a street in a town far from the main roads Adjective denoting secret or illegal activities: a backstreet abortion backstreet n Project,'' featuring alter egos of The Backstreet Boys music group. - Daily News Harris wins award for service quality CAMARILLO - Harris Corp.'s Network Support Division has received a Silver Quality Award from SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications Inc. The award recognizes NSD's performance, joint quality initiatives, diversity programs and reduction of the customer's total cost for products and services for wireless, broadcast, network-support and government markets. - Daily News State efforts bring millions in funds LANCASTER - Californians' effort to promote the commercial space industry helped secure $26 million for four Antelope Valley projects, including funding to refurbish two rocket-engine test stands, officials said Tuesday. Officials of the California Space and Technology Alliance, the state's spaceport space·port n. An installation for sheltering, testing, maintaining, and launching spacecraft. authority, said the area will get most of the $31.5 million the federal 2001 budget allocated for space-related projects in California. - Daily News Companies form Real estate fund BEVERLY HILLS - Kennedy-Wilson International and Congress Asset Management Co. have formed a $250 million fund to acquire real estate, executives said Tuesday. Suburban office properties in the southern and western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century will be the initial focus of the KWI KWI Kuwait, Kuwait - International (Airport Code) KWI Knowledge Worker Infrastructure KWI Konperensi Waligereja Indonesia KWI Kids with Issues (comedy troupe) Property Fund I L.P., with $100 million of equity and $150 million debt. - City News Service Fast track urged in Microsoft case WASHINGTON - The Justice Department urged the Supreme Court on Tuesday to decide quickly whether the giant Microsoft Corp. should be broken into two computer software companies. A delay ``could irreparably harm competition in a vital and rapidly evolving sector of the national economy,'' a brief from government attorneys states. The court should take the case now and skip intermediate panel hearings - for only the third time since 1974 - because a speedy resolution ``has immense importance to our national economy,'' the brief says. Government attorneys estimated that a final resolution of the antitrust case would be reached at least one year earlier if the high court exercised its discretion to take the case now. - Associated Press Viacom buys back shares of Infinity NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Viacom Inc. is bringing Infinity Broadcasting Corp. back into the fold, paying $15.5 billion in stock to buy the publicly held portion of its massive radio subsidiary. CBS (Cell Broadcast Service) See cell broadcast. bought Infinity, one of the nation's largest broadcasters, in 1996 but spun it off again in 1998 to tap the high valuations for fast-growing radio companies. The radio industry was going through a rapid consolidation at the time when federal rules on station ownership were loosened. Infinity stockholders will receive 0.564 shares of Viacom for each Infinity share they own, meaning a total cost to Viacom of about $15.5 billion to acquire the 35 percent of Infinity that is now held by the public. - Associated Press Death-toll claims rise in tires case DETROIT - The number of deaths linked to Firestone tires that under recall has been raised to 62 by the National Highway Traffic Safety Administration The National Highway Traffic Safety Administration (NHTSA, often pronounced "nit-suh") is an agency of the Executive Branch of the U.S. Government, part of the Department of Transportation. . NHTSA NHTSA National Highway Traffic Safety Administration (US government) spokeswoman Liz Neblett said Tuesday the agency staff knows of 100 injuries related to the failures and has received more than 750 complaints. Last week, a representative said the agency had received about 270 complaint and was investigating 46 fatalities and 80 injuries related to the tires. |
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