Word: netful
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...Net-based mobile technologies are challenging the dominance of traditional cellular networks - a shift that has left the carriers scrambling for a strategy as they increasingly face the prospect of competing head-on with their long-term collaborators, the handsetmakers. At stake? Potentially nothing less than the structure of the $600 billion worldwide mobile industry. Motorola ceo Ed Zander says: "There's going to be a lot of turmoil in the next couple of years...
...another sign that lines are blurring and hedgies are no longer the loners of the investment world. Eddie Lampert used his hedge fund to take over Kmart and Sears, then funneled the stores' cash flow into derivatives trades--which last quarter made $101 million, half the company's net income. Nelson Peltz used his to storm onto the board of H.J. Heinz. "By many different definitions," says William Goetzmann, professor of finance at Yale School of Management, "we're seeing the institutionalization of hedge funds...
...Crimson, however, was able to recover quickly, tying the score before the frame ended. Junior forward Mike Taylor got Harvard on the board at 14:15, depositing the puck into the left corner of the net from inside the right faceoff circle to cut the Bobcats’ lead...
...side of the Bobcats’ zone, maneuvering through two defenders to wind up near the right post. Rather than taking a shot, however, he passed the puck back to freshman blueliner Alex Biega, who was waiting in the slot to send it into the left side of the net for a 3-2 lead...
...Crimson’s direction. Junior Tyler Magura, stepping in for Christian, came streaking off the bench and slammed into a Quinnipiac skater at the blue line, separating him from the puck. Sophomore Jimmy Fraser was able to take it the other way, scoring an easy empty-net insurance goal to put the game out of reach...