Word: profits
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...evil." Sure, analysts in recent years have asked frequently whether Google's luck has run out, and yet the company kept thriving. But its vulnerability was plainly evident two weeks ago when jittery investors cashed out en masse after it reported an 82% increase in its fourth-quarter profit (below the market's expectations) and again after Google said it was launching a heavily censored Chinese-language site. Plus Google faces tough competition from big players like Yahoo!, which is making a dramatically different bet on the Internet's future, and Microsoft, which plans to challenge Google in search...
...values the financial aid program because it allows students to work in the not-for-profit sector, said C.D. “Dick” Spangler Jr., chairman of the campaign and also former president of Harvard University’s Board of Overseers. A student with debt “tends to have to go to work as an investment banker,” he said...
...president of HCAP. CCCEF provided $3,000 to allow 10 students from Hong Kong to attend HCAP’s February conference. Chen said that Einkauf contacted her this year after HCAP was unable to raise the funds on its own. CCCEF, a non-profit organization founded by Harvard graduates in Hong Kong, brings students and alumni from top universities around the world to China to teach two three-week English courses to disadvantaged high school students. The majority of the program’s teachers are Harvard undergraduates, and CCCEF hopes to fill 60 of the program?...
...Russia, who benefit from favorable oil contracts with Tehran today. To the extent possible—while respecting the autonomy of the Iranian people—the U.S. should assuage Chinese and Russian fears that a new Iranian administration would spell an end to these favorable deals at the profit of U.S. oil interests. Failing support from Beijing or Moscow, the current state of affairs requires the U.S. to undermine the Tehran regime on its own. The ties between the elites in Iran and fundamentalist terrorist organizations like al-Qaeda are undeniable, and in contrast with the Iraqi case, their...
...rise of the hacker as extortionist reflects a broader change in hacker culture. "It used to be teenagers looking for bragging rights," says Johannes Ullrich, chief research officer for the SANS Institute, a security think tank. "Now it's done for profit." And it's done from anywhere in the world, so catching the bad guys can be complicated. Ullrich estimates that there are 10 or 20 cases a day, compared with virtually none three years ago. More sophisticated viruses, spyware and other forms of malicious code, meanwhile, are the new weapons of choice for committing identity theft, bank fraud...