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When Zennstrom, 43, heard earlier this year that eBay wanted to divest itself of Skype, which had not created the kind of synergies the online auction house had hoped for, he approached eBay proposing to buy back the webphone company at a substantial discount. The Swede also made overtures to private-equity players in an effort to structure a deal. However, both eBay and private equity gave Zennstrom the brush. (Read "eBay Bids for Revitalization...
...them. The Kerry-Boxer bill is only one of several pieces of legislation that the Senate will need to consider as it takes on cap and trade - about which the Finance Committee is only one powerful group that will have its say - and the chances that any kind of carbon cap will pass seem vanishingly small. As long as the Senate is stuck on other business, like health care, Obama and his negotiators will have their hands essentially tied at the U.N. climate-change summit in Copenhagen three months from now. They can't commit the U.S. to carbon cuts...
Quotes By: "Would you please be so kind, this is a press conference in Germany." - Scolding a BBC reporter for asking a question in English rather than German (The Independent, Sept...
...drama of last week's revelation that Iran has been secretly building an underground uranium-enrichment facility may have raised expectations that this week's Geneva talks would be a kind of high-noon showdown. Instead, the meeting on Oct. 1 between Iran's nuclear negotiator and representatives of the Western powers and Russia and China is more likely to be the opening exchange of a tortuous conversation that will continue for months...
...whether Iran is cooperating in good faith. European officials suggest that the metric for success in Geneva may be simply the tone of the meeting. The last time the same parties sat around the table, Iran's negotiator, Saeed Jalili, subjected his interlocutors to lengthy philosophical harangues in a kind of diplomatic filibuster. This time they'll be looking for signs that Iran is ready to cooperate in addressing international concerns - even if such cooperation will be viewed with suspicion and come at a sometimes unpalatable price...