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...Rumors are flying that Yahoo is teaming up with AOL, the long-suffering Internet division of Time Warner (which is also the parent company of TIME), as a way to stave off an unwanted merger. At the same time, there are reports that Microsoft is buddying up with News Corp. so that the two companies can increase Yahoo's offering price and corner their catch. While many industry watchers still believe that Microsoft will gobble up Yahoo eventually, chances are it will have to pay a lot more for its meal...
...late February, Google announced plans to launch an online database where patients can easily store and maintain health information. The website, called Google Health, mirrors similar efforts by rival Microsoft and Revolution Health Group, led by AOL founder Steve Case. All three products will allow patients to access records from anywhere in the world, letting the user upload medical records from one health-care provider and then easily share them with another physician or hospital - a capability more and more health-care providers are looking to adopt. Tullman says Allscripts plans to collaborate with both Microsoft and Google, particularly...
...cynical about the idea that film can make a difference," says Brett Morgen, 39, who directs activist cinema's latest entry: Chicago 10, the animated political history of the Chicago Seven. "To me, that all changed with An Inconvenient Truth. It became an inspiration for all of us." Former AOL executive Ted Leonsis coined the term filmanthropy to describe his four-year-old production company, Agape (Greek for unselfish love). "It's difficult to rationalize independent movies as a business," says Leonsis, who financed Nanking, a 2007 documentary about the "rape of Nanking," and Kicking It, a film about...
...venture capital, being a husband-and-wife team is not looked very kindly upon. And we didn't know if it was something that would help us or hurt us. We also had two other business partners, so we wanted to be seen as equals. But it was funny - AOL gave us the money and never knew. People would ask, "Are you married?" and we would say yes but implying that it was to somebody who wasn't in the room. In the end, we considered it a competitive advantage because we were working from the moment we were brushing...
Fernandes, 40, a fast-talking Malaysian, has become the poster child for the new movement. A 12-year veteran of Warner Music in Asia, Fernandes sold his pricey AOL Time Warner stock options and in 2001 bought into a sleepy two-plane airline in Kuala Lumpur. He now has 22 planes and is seeking to buy 80 more over the next eight years. AirAsia has gone from 12 flights a day to 100, including runs from Kuala Lumpur to Jakarta, from Bangkok to the gambling mecca of Macau and even flights to Bali. He's also eyeing China and India...