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...forged it by co-founding, with Ed Wray, London-based Betfair, the peer-to-peer cybercasino that has done for gambling what eBay did for garage sales. On Betfair there's no house; the site's 250,000 registered customers simply post their bets and wait for someone to take them on. Betfair charges a commission on each winning bet; the more you bet, the lower the commission. When the site was launched in 2000, with $1.8 million raised from Black's and Wray's network of contacts, it was taking less than $90,000 in weekly bets...

Author: /time Magazine | Title: The Tech Specialists | 8/23/2004 | See Source »

...first time that Zennstrom has pursued a counterintuitive business model. In 2000 he and Skype co-founder Janus Friis launched Kazaa, a peer-to-peer exchange that allowed users to swap music and videos online. Now Zennstrom is at the vanguard of voice over Internet protocol (VOIP), a technology that lets voice traffic travel over the Internet. Gartner Inc. analyst Katja Ruud estimates that about 100 million people worldwide will use VOIP by 2008. Even telecom giants like AT&T, BT Group and Verizon realize they have to offer VOIP. Zennstrom practices extreme VOIP: free calls and free software...

Author: /time Magazine | Title: The Tech Specialists | 8/23/2004 | See Source »

...overall ratings, in which Harvard was compared to 247 other American universities “that offer a wide range of undergraduate majors as well as master’s and doctoral degrees,” were judged on indicators including peer assessment, student retention, faculty resources, student selectivity, financial resources and alumni giving rate...

Author: By Simon W. Vozick-levinson, CRIMSON STAFF WRITER | Title: Harvard Ties For Top Ranking | 8/20/2004 | See Source »

...University earned a 4.9 out of 5.0 peer assessment rating, based on a survey of the academic world on the “intangibles” that distinguish a school. Harvard took first place in graduation and retention (shared with Princeton), with 97 percent of first-years retained and a 98 percent graduation rate, as well as having the lowest acceptance rate (10 percent, also matched by Princeton...

Author: By Simon W. Vozick-levinson, CRIMSON STAFF WRITER | Title: Harvard Ties For Top Ranking | 8/20/2004 | See Source »

...peer deeply into the soul of the region, you must visit the independent producers, makers of the so-called grower champagnes. Such vignerons carry on a love affair with their land, often treating the soil and environment with reverential respect. It shows in their complex wines. If you call for an appointment, they will receive you with grace. Some of those I visited and adored were Camille Saves in Bouzy, Jacquesson in Dizy, Larmandier-Bernier in Vertus and Leclerc Briant in Epernay...

Author: /time Magazine | Title: Bubbly's Best | 8/16/2004 | See Source »

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