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With $23 billion in cash reserves, the Redmond, Wash.-based software giant can afford to part with a little cash - even if it never earns a penny of it back. And Facebook could use the money - to hire more employees and build out the site, whose traffic is currently growing at over 100% per year, according to comScore Media Metrix, which tracks internet-user demographics. But what Microsoft chief Steve Ballmer and company desperately need these days is cachet in the burgeoning internet economy. And that is exactly what their investment just bought them...

Author: /time Magazine | Title: Why Microsoft Overpaid for Facebook | 10/25/2007 | See Source »

...libertarian." Yet he can rev up a pretty bold rant on Britain's "highly regulated society," which he thinks is "betraying the principle of parliamentary democracy." There was the garden party he threw recently, for example, where because there was a pond on the property, he was required to hire two lifeguards. "The whole notion that we're all responsible for ourselves and we don't actually have to have nannies busybodying all around us, that's all going now. And I don't even know in whose interest it's supposed to be or who wishes...

Author: /time Magazine | Title: Theater: Elitist, Moi? | 10/25/2007 | See Source »

...roommate’s—he won’t mind, considering you’re saving him from infestation. Stop by UHS to pick up tubes of ointment. Anonymous brown paper bag head-coverlet optional. Orange (High): A big party weekend means high risk for burrowing mites. Hire a bouncer for your party to screen all freshmen from Pennypacker from possibly infiltrating your scabies-free environment. Now might be a good time to invest in a biohazard suit. Yellow (Elevated): Moderate chance. Stay in your room and try a week of monkhood—abstinence is key. Blue...

Author: NO WRITER ATTRIBUTED | Title: Scabies Watch! | 10/24/2007 | See Source »

...People who write short stories are gunslingers,” King said, possibly referencing The Gunslinger, star of his magnum opus book-cycle, “The Dark Tower.” “We’re out on our own, freelancers, soldiers for hire.” “We don’t need a happy ending if we don’t want it,” he added. As for advice for young writers, the authors shared essentially the same stance: read a lot and keep writing. But they urged caution, as well...

Author: By Denise J. Xu, CONTRIBUTING WRITER | Title: King Tackles Short Fiction | 10/19/2007 | See Source »

Buck Farmer ’08 said he too has noticed a drop in positions offered, but added that he believes the reason for this trend is that companies cannot currently afford to hire as many graduates as they could last year...

Author: By Adrienne C. Collatos, CONTRIBUTING WRITER | Title: Market Woes Upset Recruiting | 10/17/2007 | See Source »

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