Word: pacts
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...last week, Steve. On Monday, AOL astonished the computer and media world with the news that it will swallow CompuServe, the nation's oldest online service, and its 2.6 million members. As part of the deal, AOL sealed a long-term pact with WorldCom, a telephone company based in Jackson, Miss., with scads of capacity, that will help AOL lock in access to phone lines at low rates for the next five years--and probably boost profits. In the three-way agreement, WorldCom bought CompuServe and then handed AOL the online company's 2.6 million subscribers in exchange...
Blair and the Prince had apparently entered a "partnership pact" on a subject both care about: the underprivileged. Charles "didn't always have a government that shared his views or was prepared to act in cooperation with him," Mandelson noted last month, but "he rolled up his sleeves, he got cracking, and now he has a government prepared to work with him." Charles and Blair have even been criticized by the press for being too "cozy...
...proposed global ban on land mines, leaving President Clinton stranded in a political minefield of his own. According to TIME Pentagon correspondent Mark Thompson, Clinton's unhappy dilemma is this: On the one hand, he would love to be seen signing a widely popular (and Princess Di-endorsed) pact and to avoid being lumped with such pariah states as China and Libya. On the other hand, he faces intense Pentagon hostility to the agreement...
Thank you for the balanced story on Steve Jobs' and Apple Computer's pact with Bill Gates and Microsoft [BUSINESS, Aug. 18]. Apple has never sought to be Microsoft but rather to offer the world a wonderful alternative. The company has made great strides in the past year, and will be reaping the rewards in the near future. I predicted months ago that Apple would rise, phoenix-like, from the ashes of its recent past. Stay tuned. WAYNE BOVI Sandown...
...riots are undermining the increasingly troubled regime of Daniel arap Moi, or the U.S. would "drop him like a hot potato." Though his antipathy for Moi is common knowledge, Museveni has lately bent over backward to bring Moi into the East African Cooperation, an off-again, on-again economic pact among Uganda, Kenya and Tanzania, and he seems unlikely to wreck that. But an aide to Rwanda's Kagame told TIME: "Moi will go. Perhaps not with elections...