Word: deal
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...Most of the headlines about Microsoft are about how much it needs a deal with Yahoo! (YHOO) to bolster its online business. That may be true, but overall it is a tiny part of the world's largest software company. In the last quarter, Microsoft's online operation had modest revenue of $721 million, a drop of 15% compared to the same quarter a year ago. Yahoo! suffered a similar decline in its first quarter, so putting the two businesses together might not be as exciting a business prospect as most analysts believe...
...years since the company was started in the late 1970s, Microsoft has grown rapidly. That is not going to happen anymore. It is too large and that makes it a captive of the economy. Microsoft is not going to outperform the trends in global technology spending by a great deal, and it will rarely do much worse. What will happen is that Microsoft will remain the dominant force in business, server, and PC software for years. The company's products are too ubiquitous and too well-designed to be easily replaced. Microsoft will have competition, but that competition will...
...Investors are still concerned that Google (GOOG) can do a great deal of damage to some of Microsoft's most important enterprises. The search company has created products which could compete with Microsoft's big money makers, but, so far Google has had very little success in getting adoption for its software tools. The world may use Google for search, free maps, and free news, but it ends there...
...that he had with former Treasury Secretary Henry Paulson. According to information released by NY State Attorney General and governor-in-waiting Andrew Cuomo, Lewis was threatened by Paulson who told him that the entire B of A board would be dumped if the bank backed out of a deal to buy Merrill Lynch. Passing the blame, Paulson claimed he was merely doing the dirty work of Fed chief Ben Bernanke. Bernanke has tried to distance himself from the event. The press has used the story to paint a picture of Bernanke as a ferociously determined leader. He has instantly...
...British tabloid News of the World purported to have caught Rubina's father, Rafiq Qureshi, on video agreeing to a deal to sell the girl to an Arab sheikh for 200,000 pounds (about $280,000). The story quoted Qureshi's brother as saying, "The child is special now. This is not an ordinary child. This is an Oscar child." Without bothering to check the allegations with Qureshi, Indian newspapers and cable television channels descended on Rubina in her home in a slum in Bandra, a suburb of Mumbai, asking her to clarify the incident. Qureshi has consistently denied...