Word: fees
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...behaving more like a portal than ever before," says a company executive, who requested anonymity because he wasn't authorized to talk about the plans. (The company declined TIME's repeated requests for an interview.) As part of the switch, analysts expect AOL to stop charging a subscription fee to anyone who gets high-speed service from another provider and to offer free access to its content, including AOL.com e-mail addresses...
...commission, Plotkin and former Goldman Sachs analyst David Pajcin organized a “widespread and brazen international scheme of serial insider trading...resulting in at least $6.7 million of illicit gains.” The complaint says that Plotkin and Pajcin paid forklift operator Nickolaus Shuster a flat fee for him to relay the contents of BusinessWeek’s “Inside Wall Street” column. Shuster had access to advance copies of BusinessWeek because he worked at a Wisconsin plant where the weekly magazine is printed. The analysts helped Shuster get that job, acting...
...toll road from the New South Wales government. The road was put into a trust, which under Australian law doesn't have to pay taxes. Then Moss went a step further: he placed the road into a listed fund, the Macquarie Infrastructure Group, which Macquarie manages for an annual fee of up to 1.25%, depending on its market value. If this fund outperforms its benchmark, Macquarie also pockets a juicy incentive fee of 15% of the profits. "It's a hedge-fund model being applied to infrastructure-asset management," says financial analyst Brian Johnson of JPMorgan Securities...
...Dunder-Mifflin paper company's accounting department as they track down $3,000 missing from the books. Most important, from the network's standpoint, the budget is smaller. "I don't even know if we had a budget," says executive producer Greg Daniels. "It's more like an extra fee." Chalk up another irony for The Office: you have a big year, and the boss asks you to work overtime for peanuts. But the webisode project is less a comedown than the highest-profile example of the race at the networks to bring the small screen to the even smaller...
...phone use. But this week, the Rebtel service, founded by Swedish entrepreneur Hjalmar Winbladh, who sold a previous start-up to Microsoft, is out to change that. Winbladh is bringing VoIP to mobile phones, and offering users a chance to slash the cost of their international calls. For a fee of $1 per week, Rebtel users will be given local mobile numbers for each person they want to call abroad. Once connected, the recipient hangs up, redials a local number sent to his or her phone by text message, and is immediately reconnected via a broadband line. "This has definitely...