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...with its growing video community last year, and Zennstrom and Friis, who had no formal business plan, faced a quandary early in the project's development. Should they chase the user-generated-content train or go after video of a different kind? They chose the latter path, despite the dollar signs dangling from YouTube. Given the fortunes Zennstrom and Friis had already accumulated, they could afford to gamble on the venture, which they have largely funded on their own. "They're cutting edge, passionate and aggressive," says Lucas Mann, co-founder of MusicNation, an artist-development company with a music...
...loose. Friis admits the gang got "fairly intoxicated" celebrating the long-awaited release of their test software just before Christmas. Now, as they polish their software for its summer debut, the founders say they're juiced up about opening Joost to the world. From time to time, the billion-dollar question tugs at Friis. "I do ask myself sometimes," he says, "why I'm not sitting on some island on the beach relaxing. When this works, though, it'll all be worth the work...
...backseat," says Jonathan Morrow, legal adviser to the Kurdistan Regional Government and a former senior legal adviser to the U.S. Institute of Peace in Washington. Rather than simply satisfying oil companies, the new law "offers oil companies risk and reward" deals, which are necessary to attract the multibillion-dollar investments needed for companies to create new fields and extract large quantities of oil, Morrow says. "It's very obvious to me that oil companies, including large ones, are following these negotiations closely, looking for a clear legal regime for Iraq." But before they find clarity, they are likely...
There is no linear trajectory of development, with Africa on one end and the United States on the other. Every society has its own dynamic history of progress or regress that must be considered on its own terms. Living on less than a dollar a day isn’t so bad if your cost of living is much lower. Who is better educated: the illiterate African who can recite epic poetry and oral history for days without pause, or the literate American who never reads anything but comics and the McDonald’s menu? Residents of many...
Even better, Batman understands both the strife of the white-collar elite and the pressures of the blue-collar man. By day, he is the CEO and president of Wayne Enterprises, one of the most efficiently run multi-billion dollar corporations in the world. By night, he deals head-on with the types of criminal activity that plague so many lower-class communities. He understands you, whoever you are and whatever part of our glorious nation you come from...