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...billion just a month ago) may seem out of this world, it pays to keep in mind that it's still just "Monopoly money," notes Khan. With hardly any profits to date, the company's actual valuation is all just speculation at the moment. That should become much clearer, once Facebook goes public sometime in the next year or so. One thing's for sure, however: the dotcom bubble just got bigger than ever. Get ready for another wild ride...

Author: /time Magazine | Title: Why Microsoft Overpaid for Facebook | 10/25/2007 | See Source »

...young rising stars in the G.O.P. ran on a strong reform platform. "Don't let anyone talk badly about Louisana," he said during his Saturday night victory speech at a Baton Rouge Holiday Inn. "Those days [of corruption and incompetence] are officially over. There has never been a clearer mandate for our state...

Author: /time Magazine | Title: Jindal Triumphant in Louisiana | 10/21/2007 | See Source »

...commitment to improving the conditions for the arts at Harvard. “I will be setting in motion a process to look at the place of the arts at Harvard,” she wrote at the time. “I would like to have a clearer sense of the range and variety of what is already going on, how it could be better integrated, and how we can build upon it to make the arts much more central in university life...

Author: By Alexander B. Cohn, CRIMSON STAFF WRITER | Title: Arts On Top...for the First Time? | 10/19/2007 | See Source »

...relationship of these two ways of thinking to the two established parties is peculiar. Republicans are far more likely to identify themselves as libertarians and to vilify the government in the abstract. And yet Republicans have a clearer vision of what constitutes a good society and a well-run planet and are quicker to try to impose this vision on the rest of us. Now that the Republican Party is in trouble, critics are advising it to free itself of the religious right on issues like abortion and gay rights. That is, the party should become less communitarian and more...

Author: /time Magazine | Title: Libertarians Rising | 10/18/2007 | See Source »

...efforts of Gore and the IPCC for driving increased recognition of global warming’s threat. In the 1980s it “seemed to be merely an interesting hypothesis, the 1990s produced firmer evidence in its support. In the last few years, the connections have become even clearer and consequences still more apparent...

Author: By Anna Kim, CONTRIBUTING WRITER | Title: Gore '69 Wins Nobel Peace Prize | 10/12/2007 | See Source »

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