Recent News: NBC, GE Energy, CEO Hot Seat, Digital Microscope, and Solar

NBC sells $1.9 billion in 'upfront' ads
NBC Television has sold about $1.9 billion in advertising sales for the fall season, the first broadcaster to sell nearly all of its available commercials during the annual "upfront" period, a source familiar with the situation confirmed Friday....

GE shares in $1B Algerian power plant contract
A partnership that includes a unit of conglomerate General Electric Co. has received a contract worth nearly $1 billion to build a new power plant in Algeria. GE Energy and its partner, Algerian electric company Shariket Karhaba Koudiet Eddraouch Spa, received the contract for the 1,200-megawatt gas-turbine power plant....

Time Warner says no agenda for NBC deal
Media conglomerate Time Warner Inc said on Monday it has no agenda regarding buying General Electric Co's NBC Universal but it would consider the matter if the unit came up for sale.
"We don't need to or have a particular agenda with regard to those networks," Time Warner Chief Executive Jeffrey Bewkes said in response to a question at a Deutsche Bank media and telecom conference. "We'd have to look at that if and when it came up."

CEO’s on the Hot Seat: LEH, JAVA, GE
It’s all about managing expectations well and staying credible in the eye of the public, which unfortunately these top management folks haven’t done...

GE Energy buys Dallas-based mobile mapping firm
GE Energy, a unit of conglomerate General Electric Co., said Wednesday it will buy MapFrame, a Dallas-based provider of mobile mapping services, in a move to expand its utility transmission and distribution portfolio....

Digital microscope could be $500 mln business-GE
A General Electric Co joint venture to develop a device to allow doctors to view tissue samples from patients on computer monitors rather than using microscopes could be generating $500 million in annual revenue within the next decade, the head of the venture said....

GE Energy buys majority share in PrimeStar Solar
GE Energy has increased its equity share in PrimeStar Solar, becoming the majority shareholder in the solar thin-film technology and manufacturing company. GE Energy had held a minority equity share in the company since September 2007....