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...levy on anyone whose worldwide assets exceed €720,000. That means the values of stock and bonds, bank accounts, real estate - even personal belongings. About 300,000 French citizens and residents are subject to it, and it causes some talented taxpayers to flee. Take entrepreneur Denis Payre. In 1990, he co-founded a French software company called Business Objects. The company quickly took off, and was listed on the nasdaq in 1994. By 1997, Payre was looking to withdraw from the day-to-day business. "I had to travel around the world constantly, and I had married and wanted...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...whether they breached confidentiality agreements by disclosing secrets about proprietary information. Match.com--which is owned by InterActiveCorp., headed by media mogul Barry Diller--has more than 12 million members and dwarfs True.com (which says it has about 350,000 users). But True.com's CEO, Herb Vest, a Dallas entrepreneur with gunslinger instincts, isn't cowering. He fired back two weeks ago with full-page ads in the Wall Street Journal and the Dallas Morning News. The ads reprinted Vest's taunting letter to Diller, in which he denied getting trade secrets from employees and vowed to fight the subpoenas...

Author: /time Magazine | Title: Dating Websites: It's a Jungle Out There | 7/5/2004 | See Source »

...Radical "The Exile and the Entrepreneur" [June 7] reported on how the 1989 protests and their brutal suppression by the government is rapidly fading from the Chinese people's memory. That is too bad. China is still haunted by the ghosts of Tiananmen Square, as the Communist Party continues to ignore the people's best interests. Compared with the democratic movements in Taiwan, the 1989 Tiananmen uprising was hardly a call for radical change. And it shouldn't have been ended with a massacre. Song Xiaowen Pingzhen City, Taiwan...

Author: /time Magazine | Title: Letters | 6/28/2004 | See Source »

...Entrepreneur Beatrice Tarka was commuting between France and California every month and finding the websites on which she booked her flights totally frustrating. So she decided to start her own. The result, mobissimo.com may turn out to be the Google of travel searches: a lightning-fast way to comparison-shop among all the booking services. No selling. No scams. No charge...

Author: /time Magazine | Title: The Google Of Travel Searches? | 6/28/2004 | See Source »

...Class Secretary of the Class of 1979 says he is enjoying giving back. The unmarried entrepreneur says that through his involvement, his communities—Washington, D.C. and New York City—have become a kind of family...

Author: By Stephen M. Marks, CRIMSON STAFF WRITER | Title: Philanthropist Makes Fortune on ‘Rollup’ Concept | 6/9/2004 | See Source »

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