Word: microsoft
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...supports, and the rest of the world is supposed to slash tariffs and other barriers on everything from cars to software to wood to wine to legal and financial services. But for several years, our reluctance to cut farm supports has stalled the talks, kneecapping American firms ranging from Microsoft to FedEx to Anheuser-Busch, and even American farmers who rely on exports. "The problem is a vested political constituency that's absolutely committed to the status quo," says retired California Congressman Cal Dooley, a former cotton and walnut farmer who leads the Grocery Manufacturers Association. "That's the main...
...next year. A Comedy Central channel, film co-production deals with Paramount (a unit of MTV's parent, Viacom) and a Nickelodeon hotel are also under discussion. "Our vision in the long run is to create a global media hub out of Dubai," says Abdullatif al-Mulla, a former Microsoft executive who is TECOM...
...time Gen Y-ers used to spend on traditional e-mail and IM. When you can reach all of your friends through Facebook or MySpace, there's little reason to spend time in your old-school inbox. So, if social networking is becoming e-mail 2.0, then perhaps Microsoft's recent $240 million dollar payout for such a small stake in Facebook isn't that ridiculous...
...that hardly matters. In Tunis, there are now entire new districts of office buildings, with signs announcing the recent arrival of multinationals like Pfizer, Ericsson and Siemens; in October Microsoft CEO Steve Ballmer flew in to weigh new ventures in the country. Amid the pizza parlors, cappuccino bars and bowling alleys, realtors advertise million-dollar villas with pools and saunas, while shopping malls are jammed with Tunisians buying food and furniture imported from Europe. With the embrace of Western-style capitalism has come social change, too: the biggest TV hit this year was Star Academy Maghreb, a homegrown version...
...brainchildren of two of Harvard’s most famous dropouts—one conceived more than three decades ago, the other three years ago—united yesterday in a deal that places a $15 billion value on an online experiment launched from a Kirkland dorm room. Microsoft announced yesterday it would invest $240 million for a 1.6 percent stake in Facebook, putting an end to a bidding war over a share in the popular social networking site. Mark E. Zuckerberg, formerly of the Class of 2006, founded Facebook in 2004 with $1,000 in start-up money...