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...cash reserves, the Redmond, Wash.-based software giant can afford to part with a little cash - even if it never earns a penny of it back. And Facebook could use the money - to hire more employees and build out the site, whose traffic is currently growing at over 100% per year, according to comScore Media Metrix, which tracks internet-user demographics. But what Microsoft chief Steve Ballmer and company desperately need these days is cachet in the burgeoning internet economy. And that is exactly what their investment just bought them...

Author: /time Magazine | Title: Why Microsoft Overpaid for Facebook | 10/25/2007 | See Source »

...per capita basis, MySpace has 4% more women visiting its site than Facebook. Facebook users tend to be more affluent, with its users skewing towards households earning over $60,000 per year, while MySpace users skew toward lower income levels, with 12% more of its users earning under $60,000 per year. Using the psychographic system Mosaic to track U.S. Internet users, it's clear that there's a class distinction between users of the two social networks. Facebook's most predominant group of visitors in Mosaic is "affluent suburbia," a group that Mosaic describes as "the wealthiest households...

Author: /time Magazine | Title: MySpace v. Facebook: Competing Addictions | 10/24/2007 | See Source »

...come out to $144. The cost of hiring a single officer for the same amount of time is an additional $182.16. Taken together, these precautions cost $326.16. While the Student Life and Activities office, headed by Dean Kidd, provides up to 16 hours of BAT service to House committees per semester, no similar offers are known to extend to other student organizations...

Author: By S. JESSE Zwick, CRIMSON STAFF WRITER | Title: Game Over? | 10/24/2007 | See Source »

...Jobs in Europe's high education sectors are growing at 3% per year, compared to 1% in other sectors. However, the percentage of foreign skilled workers in the E.U.'s overall market is just 1.74%, far behind other rich economies like Australia (9.9%), Canada (7.3%), the U.S. (3.2%) and Switzerland (5.3%). Frattini said the Blue Card could help build a channel of targeted, legal migration, making Europe more attractive, and more welcoming, to migrants with sought-after skills...

Author: /time Magazine | Title: A Green Light for Europe's Blue Card | 10/24/2007 | See Source »

...mothers and breadwinners for our families," says Cortez. Like her co-workers, she earns less than two dollars per client. A "good night" can bring some 15 clients, but many nights aren't so profitable, and after kickbacks to brothel owners, the majority end up living day-to-day. "If we don't work, who's going to feed our kids?" she says...

Author: /time Magazine | Title: Prostitutes Strike in Bolivia | 10/24/2007 | See Source »

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