Word: partnerships
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Microsoft's partnership with Facebook, which also buys it the rights to broker all international ads, puts the company back in a game that it was struggling to keep up with. By partnering with Facebook, it has also kept key competitors at bay. "The investment Microsoft made was in keeping Google out," says analyst Rob Enderle. Not only will Microsoft garner more revenues by serving up ads for Facebook (the exact revenue split has not been disclosed, but is probably about 20% going to Microsoft) but it also has a great shot at getting its search engine built into Facebook...
...both the task force and the neighborhood association, said he hopes working with undergraduates will result in a revitalization of his neighborhood. “I hope that you all, Harvard constituents and we in the community, can insist that Harvard hold true to that vision of a partnership and that we can really flesh that out in ways that are exciting,” he said. The discussion was hosted by the Allston Brighton Neighborhood Assembly, a group formed in February to give the area “one voice” in negotiations. —Staff writer...
...Deals like the Chicago Skyway and Indiana Toll Road, which lease existing assets, may tap the private sector's operating prowess and political immunity in raising tolls, but critics see them as long-term mortgages to solve short-term fiscal problems. "People are giving public-private partnership a bad name by running around the countryside trying to entice cash-strapped states and municipalities to participate in these monetizations," says Tim Carson, vice chairman of the Pennsylvania Turnpike commission and a public-finance lawyer...
...sure. McDonald's says it has no plans to yank the disputed chairs and is working with Fritz Hansen to find a compromise (what that means exactly, it won't say). But Fritz Hansen says it has definitively withdrawn from the partnership. The furniture producer has already booked revenue of nearly $2 million for the 2,500 chairs it sold to McDonald's, and has requests for more chairs from several European outlets. These orders, the company says, will not be filled. That means fast food fans on the Continent - with its stricter design rights and copyright laws...
...first test of StatoilHydro's newfound unity is playing out in Russia. The company is in talks with Gazprom, Russia's state-owned energy company, about securing a role in developing Shtokman, a vast gas field in the Barents Sea. French rival Total earlier this year secured a partnership role through a share in a specially created company that'll own the project's infrastructure; the remaining 24% stake in that company is still up for grabs...