Word: jobbing
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...Warner turned out to be the worst kind of conglomerate, a case study (no pun intended) in dysfunctionality. And once again, it was Case who saw this. In fact, he argued in public in early 2004 that AOL ought to be spun off. (He actually did a pretty good job of predicting the future then too, pointing out that online content would consolidate around powerful verticals.) (See the 50 best inventions...
...Spinning AOL off is a good move for AOL. With his Google pedigree, Tim Armstrong appears to be the right person for the job. AOL can soon sell its own stock and raise money to do what big Internet companies must do, especially now: buy the great (undervalued) start-ups that are creating the future. The only question that remains is, What happens to the rest of Time Warner? That's another story...
...ways your job will change...
...last year is the episode attracting the most attention. The case, Ricci v. DeStefano, involves a group of 18 white firefighters, including one Hispanic. They filed a discrimination suit against the city of New Haven, Conn., after the city decided in 2004 not to certify the results of a job-promotion exam because no African Americans had scored high enough to be promoted. The city argued that federal law treats tests resulting in such outcomes as suspect, meaning that New Haven would probably have been sued by the minorities who failed the test had the white firefighters been promoted...
...than anticipated. Gates originally had planned to retire after a year or so, but he seems to have settled in, found a level of comfort and influence with the Obama Democrats that he never quite expected. "I don't do maintenance," Gates told me. "I would never do a job just to sustain the status quo. I like to go into an institution that's already good and do everything I can to make it better...