Word: giants
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...exchanges are making markets more opaque and multi-tiered than ever. "If small investors and if long-term investors - and by long-term investors, I mean longer than a few seconds - if long-term investors don't have confidence that they're on [a level] playing field with giant supercomputers ... How are they going to feel about owning equities? That's the real scare...
...With the long nuclear winter finally over, you might think that execs at Areva, the world's biggest nuclear-energy company, are strutting just now. But you'd be wrong. The state-owned French giant is scrambling not just to rectify a series of snafus at a high-profile reactor it's building in Finland, but also to raise more than $10 billion in new capital and weather the loss of an important industrial partner. All that has raised concerns that CEO Anne Lauvergeon - who fused a disparate collection of firms into the first one-stop-shop nuclear conglomerate, winning...
...troubles in Finland probably contributed to German engineering giant Siemens' January decision to pull out of its eight-year partnership with Areva. It has also raised questions about CEO Lauvergeon's management style. Critics accuse her of being better at selling big projects than at executing them. Some suggest her refusal to reconfigure the joint venture with Siemens to give it a direct stake in Areva ultimately convinced the Germans they could do better with another partner. (Read: "Siemens Sues Its Own Managers...
...decades. But it had permanently changed the way people thought about the planet. "It had been imagined that it would reveal the secrets of the heavens above," Holmes writes, "but in fact it showed the secrets of the world beneath. The early aeronauts suddenly saw the earth as a giant organism, mysteriously patterned and unfolding, like a living creature." Shelley must surely have been among the first to imagine the earth as it would be seen by astronauts a century and a half later...
Lemnis co-founder Warner Philips, whose great-grandfather started the lighting giant Philips Electronics, says that despite the sticker shock, demand is surging for Lemnis' LEDs. One early adopter is Google, which recently bought 25,000 bulbs from the Netherlands-based company. So far this year, Lemnis has received orders for 3 million Pharox bulbs, mostly from Europe; it will start selling them online...