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...controlled by Sawiris' Rome-based parent company, Weather Investments, became a major presence throughout the Middle East. Sawiris also moved into Pakistan and Bangladesh before he revealed the full extent of his global ambition last year with a risky, leveraged $15 billion takeover of Wind, an Italian cell-phone network--Europe's largest private-equity buyout and the biggest investment ever made on the Continent by an emerging-market dealmaker. "Globalization," he says, cocking an eyebrow to emphasize the point, "is not a one-way street...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...nearest competitor, which led to the creation of an operator called Djezzy. Soon he had turned Orascom's $400 million investment into an asset worth some $4 billion. Later, in 2003, it was the same story in Iraq: Orascom set up the country's first cell-phone network, IraQna, after the fall of Baghdad. He invested $40 million in IraQna's start-up, which he estimates is now worth $2 billion...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...been building up to this moment since last July, when it made the AOL.com site free. Since then, it has begun offering several new services to attract more nonsubscribing visitors, launching TMZ.com an entertainment site, and buying Weblogs, a blog network. The new In2TV service offers hundreds of free episodes of old TV shows like Wonder Woman and Growing Pains. All that free content helped lead to a 26% growth in AOL's advertising revenue for the first quarter of 2006, which totaled $392 million. During the same period, Google's ad revenue grew 79%, to $2.25 billion...

Author: /time Magazine | Title: Will AOL Finally Go Free? | 7/16/2006 | See Source »

...Peterson hopes to establish a working group of students, administrators, and even faculty to look into the potential costs of delivering cable TV via the campus’s computer network. He said he would like this group to determine the costs for students of receiving cable so that by the fall, “we could stop having this argument [over getting cable] every year [that ends] without anyone actually doing anything...

Author: By Brittney L. Moraski, CRIMSON STAFF WRITER | Title: UC Chairs Stay Busy Over Summer | 7/14/2006 | See Source »

...critics praised him and adults delighted in discovering double-entendres and inside jokes on his Saturday morning kids? TV show Pee-wee?s Playhouse, which ran from 1986 to 1991 on CBS. Pee-wee is back - this time for grown-ups - in all 45 original episodes, airing on Cartoon Network?s Adult Swim Monday thru Thursday nights at 11 p.m. TIME's Jeanne McDowell talked to Reubens about the return of the Playhouse, his small-screen alter-ego and his teeny weenie grey suit...

Author: /time Magazine | Title: Pee-wee's Small Adventure | 7/13/2006 | See Source »

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