Word: month
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...days after last month's Grammy Awards, Terra Firma, the venture-capital firm that owns EMI, announced that the record giant had lost nearly $2.5 billion last year. Not only that, a brick wall looms: EMI has to raise more than $200 million in the next six months to ensure that it does not fall into the hands of Citigroup - the bank that lent Terra Firma, controlled by British financier Guy Hands, the cash to buy it 2½ years ago. (See the top 10 albums...
...recorded, that's a scary place to be. I don't want to destroy the myth. If I thought it was possible, I'd do it. I'm not saying I'll never do it, but we did try, and it didn't work out. We have one month where we're talking. The next month, we ain't. But if they call me for something, I'm there...
Just two days after the earthquake in Haiti last month, the Red Cross had received $5 million in text message donations. After a week, total mobile donations ballooned to $30 million. Haiti relief efforts may not have generated as much aid money as other recent natural disasters, but the devastating earthquake marks a watershed moment in electronic...
...sometimes impose irrelevant political or cultural values on foreign aid, such as religious organizations restricting condoms in regions devastated by AIDS. Yet the reality is that web legitimacy is easy to fake, and certain charities that accept online donations may simply be frauds. The FBI warned donors last month to ignore unsolicited emails, avoid sending personal information via e-mail, and be wary of people claiming to be surviving victims, which is a testament to the scope of the problem. In fact, the perception of fraud has likely discouraged many donors from giving. Beyond outright fraud, some charities...
...military campaign that defeated the Tamil separatist insurgency last May. Soon after, he was named Chief of Defence Staff - a move that sidelined him and left him without any effective command. Fonseka later fell out with the Rajapaksa government and put himself forward as the opposition candidate in last month's elections. (See a bio of Mahinda Rajapaksa...