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...business," he tells me. "It has a genetic predisposition for openness." That's partly because Google's core business, search, depends on openness. Google can't find the things you want on the Web - documents, music, images and so on-unless they are open and accessible, Kraus says. The richest Internet company on the Fortune 500 (it's ranked 150, with $16.5 billion in revenue), Google has a business plan that depends on the Web being used by as many people as possible. That's why the company spends so much time and energy building new applications that make...
...city planning bureaucracy and the broader Allston community. No matter how excessive the demands of Allston residents may seem, however, Harvard should always err on the side of generosity, not only to preserve the best possible relationship with the Allston community, but because, as the world’s richest university, we can afford to undertake the responsibilities to be an exemplary neighbor...
...What would Borat make of such modest gifts from the world's richest nation...
...Whether or not FIFA can win the E.U. around - and it's unlikely it will - one thing is clear: international football's governing bodies are perturbed by the commercial might amassed by England's Premier League. As by far the world's richest soccer league - club revenue grew 11% in the 2006/7 season to $3.6 billion, according to figures published Thursday by consultants Deloitte - the contribution from foreign players, coaches and investors has grown rapidly in recent years. With legions of foreign stars lured by the piles of cash accumulated from the lucrative sale of TV rights, only a third...
...restore investor confidence, Icelandic banks and government officials have emphasized their economy's unflagging strengths in a charm offensive directed at ratings agencies and investors. Iceland is the fifth richest country in the oecd; the prices of its largest exports, aluminum and fish, are at record highs. "The Icelanders are richer than us," says British economist Portes. "They're not exactly going to starve." (Iceland's gross national income per capita is $39,400, compared to the U.K.'s $35,300.) What's more, the banks remain fundamentally sound: they have strong deposit ratios and are more profitable than their...