Word: markets
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Dates: during 2000-2009
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Microsoft is running out of time in the search business. It has only 8% of the U.S. market, and even that has been shrinking. The company would like to form a partnership with Yahoo! so that together they could challenge Google. If Microsoft gets a good response to Kumo, however, it may walk away from any relationship with Yahoo! - meaning the No. 2 search-engine company's shareholders will lose a chance to make money the way they did when their board rejected Microsoft's offer to buy Yahoo! more than a year...
Creating a new search engine is a tremendous risk at this stage because it's remarkably expensive to build and market one that has any chance in the mass market. To make the proposition harder, not only do people prefer Google to other products, but also most people are not able to tell whether a search product coming to market now is better. Good is so excellent that it is not good anymore...
...filled their boards with nonfinancial executives, be they industrial chiefs, heads of nonprofits or professors. That's been changing in recent years, especially with the passage of Sarbanes-Oxley, which sought to strengthen corporate boards. But apparently the changes have not gone far enough. (See pictures of the stock market crash...
...lofty claims these organizations parade on posters, purchasers are led to believe that all proceeds from the highly priced tickets are donated. However, with an interpretation of honesty that Bill Clinton would be proud of, there are often no actual profits—and consequently, no donations. To market an event based on the assumption of charity and then fail to give away a cent is the peak of hypocrisy. Equally reprehensible is the tacit acceptance suggested by the administration’s failure to enforce these organizations’ promises. Commitments to charity must be genuine, not merely...
...circle of confidants leaves her isolated and vulnerable to missteps when unanticipated issues arise. In the wake of the AIG bonus scandal, for example, Pelosi and other leaders moved quickly to pass sweeping legislation to drastically tax executive compensation. Such a gesture might have done incredible damage to the market had cooler heads in the Administration and the Senate not prevailed...