Friday, March 21, 2008

EXTRA practice news story 8: business

Google makes bid for Time Warner

SAN JOSE, Cali. Google Inc. has gone strait to the stock holders of Time Warner Inc. to make a hostile takeover bid. Google’s offer includes paying $35 billion in cash, $10 billion in stock and $5 billion in assumed debt of Time Warner. CEO of Google, Dr. Eric Schmidt, said “This is the correct move at the correct time for Google.”

With this bid in the public it has made CEO of Yahoo Inc. a little uncomfortable with the fact that they could possibly not get bought out by either of these two companies that he was originally hoping for. Microsoft Inc. was hoping to buy out Time Warner to increase their already large market, but seemed to be a little slow on the bidding process.

Stocks are changing for all four of these major companies. Time Warner’s stocks seem to be on a low, http://finance.google.com/finance?client=ob&q=TWX, while Google stocks seem to be changing often, http://finance.google.com/finance?q=NASDAQ%3AGOOG. Schmidt says “Google strikes while the iron’s hot and the iron’s hot right now in the media industry.

Thursday, March 20, 2008

Practice News Story 8: Business

SAN HOSA, Cal. Google has made an offer to take over Time Warner Inc. "Google strikes while the irons hot, and the iron is hot in the media industry. This is the correct move and correct time for Google." Google Inc. CEO Eric Schmidt made this comment today while explaining Google Inc. move for a hostile bid to take over of Time Warner.

Time Warner, Google and Yahoo are the big companies that are going to be effected in this take over. Google and Time Warner are two of the biggest companies in the world, and have been fighting to out win each other. Google has gone strait to Time Warners stockholders to ask them to re elect their boar so Google can take over and make the company better. Yahoo has been wanting to be taken over for some time now, with this big take over they could have little or no chance for being bought out.

Thursday, March 6, 2008

Beginning News Writting 7: Speech

Posted: Nov. 19, 1863

President Lincolns Gettysburg Address
GETTYSBURG, Penn. Today, four months after the Union armies defeated the Confederacy in the Battle of Gettysburg, President Abraham Lincoln dedicated a piece of Gettysburg to become a cemetery for those brave men that fought and died for our country. During President Lincolns speech on this hot day we can hear he love for this country and his devotion to us Americans.

Through this battle we lost many soldiers, President Lincoln acknowledged and praised their good work saying, “These honored dead gave the last full measure of devotion.” The Battle of Gettysburg proved to be the turning point of the Civil war, but was also the bloodiest. The soldiers fought for our country proving their dedication. President Lincoln had a hard time fully expressing his feelings for the soldiers but when it came to it he showed how truly grateful he is. “We can not dedicate -- we can not consecrate -- we can not hallow -- this ground. The brave men, living and dead, who struggled here, have consecrated it”

Now four months after the war we still remember this day, and the war we all fought through. President Lincoln shows his strength and faith in this nation when he says
“We here highly resolve that these dead shall not have died in vain -- that this nation, under God, shall have a new birth of freedom” This speech will go down in history.