Word: coms
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...stock fell over 7% last week. Open Road To Privatization The French government dumped a €1.2 billion stake in Renault, reducing its holding in the carmaker to 15%. Lawmakers then waved through a draft bill allowing the state's share in former monopoly France Télécom to drop below 50%. Update One of Turkey's wealthiest families, the Uzans - profiled in time last week - was found guilty of perpetrating a "huge fraud" against Motorola and Nokia. A New York federal judge found the Uzans had "siphoned" hundreds of millions of the two telecom firms' money "into...
...were wondering how online dating became acceptable, even almost fun, blame Emma Taylor and Lorelei Sharkey. Four years ago, they invented the Nerve com questionnaire, which replaced communicating your charms in hieroglyphic SWF-form with a Cosmo-style quiz. You got to name your most humbling moment, choose your favorite sex scene in a movie and come up with words for lines like "Blank is sexy; blank is sexier." Desperate contractions were replaced by insta-wit and faux self-deprecation. Taylor and Sharkey's questionnaire is now used by more than 150 newspapers and websites and has been filled...
...first thing you notice about the Touchstream keyboard ($339 at finger works. com) is that the keys aren't really keys at all but a flat surface that responds to the slightest touch. Because there are no real keys, it takes less effort to type. The surface doubles as a mouse touchpad--but one that makes the current technology look oh so '90s. To double-click, for example, you simply place your three middle fingertips anywhere on the keypad and tap lightly once. To open a file, you place your first four fingertips on the keypad (leaving your pinkie...
...ever since Jean-Baptiste Colbert ran the economy for Louis XIV. Now some are saying enough is enough. A parliamentary report published last week slammed state-owned enterprises, saying the French model "no longer fulfills new international and European demands." Among firms singled out: France Télécom, which the government has just bailed out with a €9 billion injection; the postal service, which is 25% overstaffed compared with European rivals; and the national utility...
Well, there's California's $38 billion deficit, the largest state shortfall in history, a number larger than the entire budget of all but one other state (New York). Much of the deficit is due to the collapse of the dot-com universe, which powered the state's economy in the '90s, and Davis can hardly be blamed for that. On the other hand, he was not exactly forthright about how large the deficit was going to be. In any case, Californians want a target for their fiscal pain and frustration, and Davis has become the state insignia for economic...