Word: affordability
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Dates: during 2000-2009
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With $23 billion in cash reserves, the Redmond, Wash.-based software giant can afford to part with a little cash - even if it never earns a penny of it back. And Facebook could use the money - to hire more employees and build out the site, whose traffic is currently growing at over 100% per year, according to comScore Media Metrix, which tracks internet-user demographics. But what Microsoft chief Steve Ballmer and company desperately need these days is cachet in the burgeoning internet economy. And that is exactly what their investment just bought them...
...could afford to allow himself a small touch of levity. Having come to power in 2002 under the shadow of his predecessor Jiang Zemin, by the end of the Party Congress Hu had largely cemented his leadership for the next five years. He had engineered the departure from the Politburo of Zeng Qinghong, a Jiang ally who wielded enormous influence in the party. He had also stage-managed the promotion of several protégés to senior positions in the party's highest councils. And Hu had even managed to have his concept of "scientific development" - a catchphrase...
...will become one giant hotspot of connectivity where anyone can surf the Internet without cost at any time. Following the initiatives of private companies like Google and EarthLink in San Francisco, the Square connectivity initiative will help bring the digital age to those who may not be able to afford a broadband connection. Although the speed of the free connection will not be as high as Harvard’s private network for students and affiliates, it will be much faster than a dial-up connection...
...They were allotted a headquarters in Jerusalem's Al-Aqsa Mosque, viewed by Jews and many Christians as the site of the Temple of Solomon - hence the new group's name. Initially modest (its coat of arms was two knights on one horse because that was all they could afford), its fortunes skyrocketed when the Vatican extended it extraordinary privileges, exempting it from local laws, taxes and any authority but the Pope's. Suddenly it was bestowed with spectacular gifts of money and land and inundated by volunteers from some of Europe's most noble families. Well-equipped and trained...
...Less than two months ago when Singh's Leftist partners began clamoring for the deal to be scuppered, the beleaguered Prime Minister argued that "there is today talk the world over of a nuclear renaissance and we cannot afford to miss the bus." This week, though, there's a clear sense that the bus has come and gone, and with it, perhaps any confidence in Singh's ability to transform India...