|
Matters Financial |
17 November 2003
|
FCC Allows Cell Phone Users to Keep Their Numbers
One of the biggest headaches in the US for cell phone users, apart from the huge swathes of emptiness where one cannot get a signal, used to be the immobility of the mobile phone's numbers. The FCC, in a move that is going to put even more pressure of the service providers, has decided to let the consumer keep the number when switching companies. Click here to read more.
FSA May Mis-Liberalize London Financial Markets
Britain's Financial Services Authority (FSA) has come to the realization that there is a lot of money off-shore because of the rather intricate maze of regulations in the City. To bring that money home, a new plan would divide the market into three segments for regulatory purposes: general public, sophisticated individuals and institutions. The sentiment is right, but the details are wrong. Click here to read more.
Murdoch's Son Made CEO of BSkyB
James Murdoch, age 30, is now chief executive officer of BSkyB, the satellite broadcaster. It is unlikely that many people his age were considered for the position, and certainly none without a college degree (Mr. Murdoch dropped out of Harvard) were granted interviews. So how did he land this job, on the strength of his success at Star TV in Asia or because his father, Rupert Murdoch, controls around 37.5 % of BSkyB's shares through News Corp.? The world may never know. Click here for our view.