New HP boss plans 14,500 job cuts - 10% of workforce will go to create 'nimbler, quicker' firm.
Blogs, podcasts and camera phones fill the airwaves - Ofcom yesterday heralded a new era for the media industry as technology begins to allow the creation of content from home or from the scene of major news events. Ed Richards, the regulator's senior partner in competition and strategy suggests, "What's going on ... is a gradual transfer of power from broadcaster, distributor and supplier, to viewer, listener and consumer." Some truth, but plenty of rhetoric I suspect.
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