Word: foundering
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...intrinsically hip places where collective shoe preference may run the narrow gamut from Birkenstocks to Doc Martens but ears are all wide open. The academic triangle of Chapel Hill, Raleigh and Durham, North Carolina, boasts popular alternative bands like Superchunk, not to mention a label, Mammoth Records. Jay Faires, founder of Mammoth, set up shop in the area quite simply because ''there are a lot of 18- to 22-year-olds who don't have much to do, who smoke a lot of pot and who eventually pick up a guitar.'' Record executives are also looking at Halifax, Nova Scotia...
Experts seem to think that there is something to the Shugden allegations. "There is considerable anecdotal evidence to support what they say," Stephen Batchelor, co-founder of the Sharpham College for Buddhist Studies and Contemporary Enquiry, wrote in an email to TIME, although, he adds, "I have yet to see any hard evidence." Wrote Donald Lopez of the University of Michigan, "Buddhist monks who apply for an Identity Certificates must also submit a letter form their abbot. I was told that there may have been cases in which, contrary to the policy of the Government-in-Exile, monks who worship...
...Apple co-founder STEVE WOZNIAK seen cutting in line to get new iPhone...
...tells tale after tale of angry consumers whose gripes were magnified a thousandfold through online postings, message boards, YouTube and even the mainstream media when a seemingly ordinary dispute spiraled. In one notable consumer revolt in 2005, media pundit Jeff Jarvis used his popular blog BuzzMachine to chastise Dell founder Michael Dell on the quality of the company's laptop and customer service. A legion of other dissatisfied customers piled on. The resulting consumer firestorm damaged the brand name, writes Blackshaw: "A swarm of digital termites ended up eating away at the reputation Dell had spent countless millions of dollars...
...goes well this semester, Flat World hopes to offer its books to all academic institutions starting next January and eventually expand its titles across several disciplines. But it still faces a long road to success. There is, for one, its business model. Founder Frank and his partner, Jeff Shelstad, another Prentice Hall alum, say the company plans to forgo advertising on the site and instead make money by selling supplemental materials like study guides, podcasts and paper copies printed on demand for about $35, or about a third of the cost of a traditional textbook...