Word: moneyitis
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When beleaguered executives from top newspaper companies met at a Chicago airport hotel in late May, they decided they needed a savior - that is, a tech company to help them figure out ways to make money online. Letters inviting solutions went out to 10 companies, and in July the responses discreetly rolled in. Google's proposal inadvertently showed up online Sept. 9, sparking a sea of media reports about Google's plan to save newspapers...
...seismic stations that are part of the Global Seismic Network overseen by the U.S. National Science Foundation and the U.S. Geological Survey, with contributing instruments, data and cash from countries around the world. The centers can cost hundreds of millions of dollars just to implement, Kong says, with the money coming from the countries that support each center as well as from donors like the Red Cross and U.N. organizations. When an earthquake strikes, the system analyzes its location and magnitude. If the quake fits the parameters for tsunami-like conditions, a warning is issued to each country within range...
...early 1990s, Osama bin Laden's brother-in-law funneled money into Abu Sayyaf through a fake Islamic charity in the Philippines. Abu Sayyaf, which means "barrier of the sword," carried out its first attack in 1991, killing two American evangelists with grenades on the southern island of Mindanao. As the 1990s unfolded, the group's body count in Mindanao steadily rose. In 1994 the Philippine army blamed Abu Sayyaf for a series of bombings in the Philippine city of Zamboanga that killed 71. The following year, Abu Sayyaf raided the town of Ipil, leaving 53 dead...
...after its leader, Abdurajak Abubakar Janjalani, was killed in a gun battle with police in 1998, the militant group changed course, stopping its bomb attacks and kidnapping potentially rich foreigners for ransom money to fund operations and gain support from local communities. In 2000 the group kidnapped 21 people - 19 of whom were foreigners - in Malaysia, 50 students and teachers from two schools on the island of Basilan, and at least 15 foreign journalists, including one reporter who was kidnapped and released twice...
...leaders with important connections to funding in the Middle East were killed. According to one analyst, Abu Sayyaf is running low on funds, and no new leader has come forward to unite the disgruntled factions within the group. And once again, Abu Sayyaf is back to kidnapping for ransom money as a means of funding its operations. In January, the group held three Red Cross workers hostage, and analysts suspect they were released only after large ransoms were paid...