Word: million
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Dates: during 2010-2019
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Analysts believe that of the two, Tencent is in the better position to capitalize, given its dominant position in China's booming instant-messaging business. According to estimates by Analysys International, nearly 70% of China's 400 million Internet users use instant-messaging, and of those, 80% use Tencent's system, known as QQ. That's the major reason that Tencent's market capitalization is bigger than Baidu's, and an insider at the company acknowledges that search "is very much" a target of opportunity...
With more than 1 million high school students dropping out every year and the U.S. lagging behind many of its competitors on achievement benchmarks, no one can argue with the need to better prepare students for college and beyond. NCLB, which earned broad bipartisan majorities when the legislation passed in 2002, has drawn praise for shining a light on achievement gaps by forcing the nation's 99,000 public schools to disaggregate student data. But the legislation's emphasis on accountability and standardized testing has had some unintended results. By requiring schools to demonstrate adequate yearly progress - toward a goal...
...However, the presence of a Hispanic candidate high on the ballot has not proved to be the door opener for Democrats in recent Texas elections. In 2002, Perry handily beat millionaire South Texas businessman Tony Sanchez in the governor's race, 58% to 40%, even after Sanchez spent $75 million, much of it his own money, in the campaign. A Democratic Hispanic candidate for lieutenant governor lost by roughly the same margin in 2006. (See pictures of Loving County, Texas, one of the nation's richest areas...
...trip to Kathmandu can leave the traveler enchanted, but the Nepalese capital's highs and lows can also overwhelm. A city of over a million people - crammed with refugees from the decade-long civil war fought in Nepal's rural areas - Kathmandu is a place of constant noise and traffic, and the occasional boisterous protest. There's no longer a monarch, but the city has royal remnants aplenty, along with exquisite Thangka and Hindu art, Buddhist artifacts, great food and a paradise of adventure sport right on its doorstep. In town for the weekend? Here's how to spend...
Philanthropic dollars are seeding the reinvention of Detroit. Demographer Kurt Metzger heads up Data Driven Detroit (DDD), an agency that just completed a plot-by-plot analysis of the city's 139-square-mile footprint, without which Griffin would be flying blind. DDD is backed by $1.85 million from the Kresge and Skillman foundations. Robert Bobb, emergency financial manager for the Detroit public schools, draws one-third of his $425,000 salary from an alliance of philanthropies led by the Eli Broad Foundation. And if all goes according to plan, Detroit will break ground this year on a trolley line...