Word: foundered
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Dates: during 2000-2009
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Pity the remaining inhabitants of Yahoo! On August 1, when its board of directors meets to decide whether to throw out CEO and co-founder Jerry Yang and capitulate to Microsoft, the Siege of Yahoo will have entered, to the day, its sixth month...
...Thousands of bottles of fine wine in the cellars. Chauffeurs, housekeepers, financial advisers and staffers galore. Yes, the self-made British magazine magnate Felix Dennis is living the high life, and he is open--nay, brazen--about his desire to make more money, and lots of it. Dennis, the founder in 1995 of the bawdy "lad" magazine Maxim (which he sold last year with two smaller publications for a reported $240 million), is from the "greed is good" school of business. Worth as much as $900 million, he estimates, the author clearly thinks he has earned bragging rights...
...Smartex founder and University of Pisa biomedical-engineering professor Danilo De Rossi says there is no way of knowing if Europe will maintain its edge. "Right now we are leading in this field," he says, since Europe tends to be concerned with medicine, social welfare and the elderly, whereas the U.S. tends to focus on military technology. That could change. But in a business driven by technology rather than price, the Euros would still have a fighting chance...
...1880s, many rising middle-class families worried that industrial society had broken off some piece of the American soul, some tie to the frontier. Boys were growing soft: too much time with their mothers and their teachers, not enough manly activity. So the early camps promised, as a founder put it, to take "weakly boys out into camp life in the woods ... so that the pursuit of health could be combined with the practical knowledge outside usual academic lines...
...comandante also downplays factors like the recent death of FARC's founder, Manuel Marulanda, 79, from a heart attack in one of his jungle lairs. "It's a big blow, but it's not a disaster," he says. "It was a natural death - he died of old age. The enemy didn't kill him." But he admits that where he and his comrades would once have heard immediately of news like Marulanda's demise through FARC communications channels, this time they had to rely on news radio. It's the kind of structural breakdown that allowed the army to plant...