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...also bought big names. Alwaleed told TIME that he now owns about 5% of News Corp., the global media conglomerate run by Rupert Murdoch, making him the second largest individual holder, behind Murdoch. Alwaleed also bought some 5% of Web-browser maker Netscape Communications, and a chunk of chip and cell-phone maker Motorola. The fourth finalist, another well-known American company, according to the prince, is still being bought...

Author: /time Magazine | Title: PRINCE ALWALEED: THE PRINCE AND THE PORTFOLIO | 12/1/1997 | See Source »

...Waleed has purchased 5 percent of Rupert Murdoch's News Corp. for $400 million, 1 percent of Motorola Inc. for $300 million and a 5 percent share in Netscape for $150 million. The Prince is already worth $12 billion, and Tuesday's deals will probably net him another sizable chunk of the world's wealth. Maybe he's saving up for a presidential coffee klatch...

Author: /time Magazine | Title: One Prince, No Pauper | 11/25/1997 | See Source »

...Series" the artists remove human presence and distort scale, producing a world of crude cinematic maquettes overrun by cigarette-butt villagers and sausage-mobiles. In "The Carpet Shop" a group of cornichons inspect piles of thinly-sliced processed meat doubling as Persian carpets with fat-swirl designs and olive-chunk embroidery. Hardly just playing with their food, in these photographs Fischli and Weiss provide a wry social critique, probing the banality and vulgarity of a middle-class Swiss breakfast--an insult to American anti-cholesterol culture. Yet, at the same time their loving construction and charming scenarios challenge...

Author: By Scott Rothkopf, CRIMSON STAFF WRITER | Title: Swiss Artists Fischli and Weiss Juggle Sarcasm, Sincerity at the ICA | 11/7/1997 | See Source »

...Knowing that a large chunk of his prestige rides on the measure, President Clinton was pleased by the vote. "If we don't seize these opportunities," he told reporters Tuesday, "our competitors surely will. An 'America last' strategy is unacceptable...

Author: /time Magazine | Title: Fast Track Creeps Along | 11/4/1997 | See Source »

...companies cutting costs to the bone to keep prices down. Executives have scanned the world in search of low-cost production and added sales, and the result is an intricately connected business world. You can bet that every big American company is doing a chunk of business in the hot Asia market...

Author: /time Magazine | Title: WHY THE ASIAN CRASH MATTERS TO YOU | 11/3/1997 | See Source »

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