Word: ceos
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...Calif., last weekend, and all but begged graduates of one of the world's top engineering schools to work for them. Google spent $200,000 to be the lead sponsor of the four-day-long reunion of 3,500 alumni. Microsoft's research center in Hyderabad came calling. The CEO of GE, Jeff Immelt, already employs 1,500 graduates and says he needs more. Stanford? MIT? Harvard? Nope. This was a gathering of graduates of the Indian Institutes of Technology...
...software company Salesforce.com gives 1% of profits to its foundation, which pays for employees to volunteer 1% of their work time. Salesforce.com staff will do 50,000 hours of community service this year. "This program has dramatically increased our ability to recruit and retain high-quality employees," says CEO Marc Benioff. It's what attracted Eliot Moore, 26. "When I heard about the Salesforce.com Foundation, it was plus after plus for me," he says. "It's a way to take the skills I learned in the corporate arena and give back to the community without leaving the company...
...CEO Reithofer is more upbeat. Faced with low-cost competition from Asia and Eastern Europe, he says, "many German firms did their homework, and now they are benefiting from it." He thinks Germany could go further, for example, in reducing high nonwage labor costs. But Germany still has competitive advantages, he says, pointing to its traditional engineering prowess combined with a newer ability to cater to the needs of individual clients. The challenge, he tells TIME: "It's all about mastering complexity...
Even middle class divorcees still find remarrying tough, though like so much in India, that's changing quickly as well. Two weeks ago Vivek Pahwa, CEO of the website company Pahwa KBS, launched a matrimonial site that targets divorced Indians. Millions of Indians already use matchmaking websites to search for prospective mates. But existing sites tend to concentrate on giving a cyber hand to parents looking for suitable matches for their eligible sons and daughters, or for twentysomethings after a would-be bride or groom. One big turn-off in any prospective candidate: a previous marriage...
Both sides had their say at a Thursday morning House Small Business Committee hearing. "If we have to pay those fees, we'd be bankrupted the day we had to write the first check," AccuRadio CEO Kurt Hanson said. "And this is all very ironic because Internet radio is one of the best things that has happened to the music industry in the last decade... It's given voice to genres and artists that have never gotten airplay before." Indeed, most music released every year is never heard on terrestrial AM and FM radio, with most songs on corporate-owned...