Word: consortiums
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...broken down boundaries and created a culture that uses shared space. “We’re making standards for a world in which people use the Web to communicate,” said Berners-Lee, who now serves as the director of the World Wide Web Consortium. “When they use the Web to communicate, they’re in a world of overlapping cultures, overlapping communities.” Berners-Lee said that one of his hopes for the future of the Internet is the semantic Web—an evolution of the World Wide...
...report is to be believed, an entire generation of children has grown up drinking a toxic chemical from their earliest months: bisphenol A. A consortium of North American environmental and health groups released a paper Thursday showing that many major-brand baby bottles leach bisphenol A, and is now calling for a moratorium on the use of the compound - used to make polycarbonate plastic - in food and beverage containers...
...effort to avoid nationalization, the U.K. government on Monday hatched plans to convert into bonds the $50 billion Bank of England loan it used to prop up Northern Rock. That makes a private sale of the bank more likely: those interested in bidding before the February deadline - including a consortium led by Richard Branson's Virgin Group - will no longer need to front up for a big slice of that loan. The bank's battered shares climbed more than 40% on the news...
Sharif's party, along with a consortium of some 31 other parties (though not Bhutto's) has decided "in principle" to boycott the elections unless Musharraf reinstates the Supreme Court. (Many Pakistanis feel that Musharraf's real target during the emergency was an increasingly independent Supreme Court that threatened to declare his recent election as President invalid.) Since he returned from exile last Sunday, Sharif has been adamant that the restoration of Pakistan's Supreme Court is paramount. "The victim of the emergency was the judiciary," says Iqbal. "Therefore lifting emergency is only as good as surrendering a weapon...
...Branson, whose consortium includes U.S. billionaire investor Wilbur Ross, hedge fund Toscafund and the First Eastern Investment Group, proposes an injection of $2.69 billion of new cash into Northern Rock, with half of that investment from the consortium. The remainder would be raised through an offer to existing shareholders to buy new shares for 25 pence (52 cents) each?as opposed to a share price that reached 110.1 pence ($2.28) on Monday during turbulent trading. The offered price values Northern Rock at $413 million, which is considerably less than its current market value of $960 million...