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Disney and Partners Break Ground on Shanghai Disney Resort
SHANGHAI–(BUSINESS WIRE)–The Walt Disney Company (NYSE:DIS) and Shanghai Shendi Group, its joint venture partner in China, have broken ground on the Shanghai Disney Resort following approval from the Chinese central government in Beijing. Both companies marked the start of construction on the first Disney resort in mainland China at a groundbreaking ceremony held earlier today. “Today marks a …
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How News Corp got lost in Myspace
NEW YORK, April 8 — As Rupert Murdoch stepped into the Grand Ballroom of San Francisco’s Palace Hotel at the Web 2.0 conference in October 2007, the developers and engineers who packed the room fell into a respectful hush. It was the sort of greeting usually reserved for one of their own tech heroes, not a 76-year-old media mogul. Sitting …
Read more on The Malaysian Insider