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...contrast, a relative upstart with $5.4 billion in annual revenue, increasingly is focused on online commerce--and its travel portion generates 31% of revenue and 61% of operating profit. IAC also owns LendingTree, dating service Match.com local online resource CitySearch and the largely offline cash generators Ticketmaster and Home Shopping Network (HSN). Diller's strategy: use the cash from Ticketmaster and HSN to promote his online ambitions, and be there as consumers migrate from all manner of traditional services to the Web. "We fundamentally believe that more and more things are going online," Diller says. "We are experts in bringing...

Author: /time Magazine | Title: Online Travel: The Race Is On! | 10/25/2004 | See Source »

McCormick said the portion of the gift set aside for student aid will help ease the financial hardships faced by HBS doctoral candidates...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: HBS Gets $25 Million Gift | 10/22/2004 | See Source »

...spends only a portion of the interest on its endowment funds each year—preserving the remainder to insulate the school against potential future economic downturns, said David Lampe, the school’s communications director...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: HBS Gets $25 Million Gift | 10/22/2004 | See Source »

Known also as the “Powerhouse Stretch,” ths portion of the river is the straightest part of the racecourse. A coxswain with good steering can give his or her crew up to 1,500 meters of straight rowing—a distinct advantage since applying the rudder creates drag and slows a boat down...

Author: By Lowell K. Chow and Jonathan Lehman, CRIMSON STAFF WRITERSS | Title: Just Around the Riverbend | 10/22/2004 | See Source »

Smart crews take advantage of this portion of the course to step on the gas and attempt to pass slower opponents ahead of them. By custom, a passing crew must pass on the overtaken crew’s left (port) side, and if this occurs near or inside a bridge arch, boats may come too close together and oars may clash. A perfectly executed pass will take place between the two bridges in the Powerhouse, so a crew must time its acceleration perfectly...

Author: By Lowell K. Chow and Jonathan Lehman, CRIMSON STAFF WRITERSS | Title: Just Around the Riverbend | 10/22/2004 | See Source »

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