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Sources have informed Faking News that Ramalinga Raju could also head the parliamentary committee on corporate governance as a special member. Mr. Raju could also deliver a lecture on ‘how to balance a balance-sheet’ at IIM Ahmedabad where bulk of the students are engineers and regularly face trouble creating a sense-making balance sheet.
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What do you think is the most important lesson journalists should learn from Twitter?
At the very simplest level? The old order is over. Media houses no longer have monopoly on information and dessimination
Earlier we produced, “they” consumed. Now it is to use a Marxist idiom, from each according to his ability to each according to his need.
So all the lessons there are in social media for the established media houses can be summed up, I think, into one lesson, to wit:
The reader today is not just a reader. He is — or could be — also your colleague, your reporter, your editor. Work with him, you benefit.
Ignore this sea change in media production and consumption, and the same thing could happen to you that happened to Tyrannosaurus Rex. -
So the impact, for employees, is sad. A company they work for, that they believed was fair, is going under for no fault of theirs; and indeed, no one other than the board, the auditors and the management is liable. In all likelihood the company is bust, and the shares are worth ZERO.
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"When I was a kid, I was the kind who really bugged my parents with 'Why?' " Tiger says. "And they always had to have a good reason, because I would analyze it, and if it wasn't a good reason, I'd ask, 'Why?' again. If I don't know why, then how in the hell am I going to fix it?"
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Just read it
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