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...still has no rollout date. Plus, despite its thirst for expansion, HP has a ways to go in key niches such as smart phones, software and storage. "HP will tell you that it doesn't want to compete with its partners - Microsoft, Oracle, SAP," says Forrester Research analyst Frank Gillett. "But software has pretty high margins to simply be left on the table...

Author: /time Magazine | Title: HP vs. Everybody | 4/26/2010 | See Source »

...credit card, convincing them to buy him out with their own hard-earned cash won't be easy. A 2008 campaign to get 100,000 Liverpool fans to each chip in $10,000 toward the cost of buying back the club from its unpopular owners, Tom Hicks and George Gillett, failed to gain momentum. Ongoing uncertainty over their plans for the club - Hicks and Gillett are expected to step down as co-chairmen this week amid the search for a buyer - has meant a revised fundraising effort "won't be going anywhere at the moment," admits James McKenna, secretary...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

...company's ability to continue as a going concern." A deal to roll over the debt is likely; as a storied and well-supported club, Liverpool generates healthy revenues and profits. But difficulty raising fresh funds has meant plans for a new stadium - promised when Tom Hicks and George Gillett bought the club two years ago - have yet to get off the ground. With the new season two months away, the off-season buying spree at least provides a fun distraction...

Author: /time Magazine | Title: Recession? Spanish Club Pays $130M for Ronaldo | 6/11/2009 | See Source »

...largest TV advertiser, will slash 8,000 jobs after losing $1.2 billion in the first three quarters of 2008 - the financial foundation of the sport is at risk. In fact, four weaker-performing teams in the Sprint Cup Series merged to try to cut costs and stay competitive: Gillett Evernham Motorsports absorbed Petty Enterprises, and Dale Earnhardt Inc. joined up with Chip Ganassi Racing with Felix Sabates. "The problem you have with NASCAR is kind of like you have in professional baseball," says Sabates. "You have three or four teams that have all the money...

Author: /time Magazine | Title: Daytona Drag: NASCAR Tries to Outrace the Recession | 2/12/2009 | See Source »

...legions of foreign stars lured by the piles of cash accumulated from the lucrative sale of TV rights, only a third of players starting games last season would have qualified to play for England. Foreigners now own eight of the 20 teams: Russian Roman Abramovich owns Chelsea, Americans George Gillett and Tom Hicks own Liverpool, and former Thai Prime Minister Thaksin Shinawatra owns Manchester City...

Author: /time Magazine | Title: A 'Foreigner' Quota for Soccer? | 5/30/2008 | See Source »

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