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...Foursquare has some heady problems to face before reaching critical mass. There's competition from a slew of similar sites, including Google Latitude (reborn from the wreckage of Dodgeball) and Gowalla, and there are rampant rumors that both Facebook and Twitter are interested in figuring out new ways to harness user locations in 2010. But the biggest challenge? Taking something that's popular in the young, tech-heavy communities on the coasts and making it appeal to moms and dads in between. (See 10 ways Twitter will change American business...
...prevent a similar crisis from happening again is the question that Caballero thinks we are getting wrong. He believes reforming the U.S. financial system is only part of the answer. Foreign investors, he says, need to change their behavior as well. Specifically, Caballero believes the U.S. needs to encourage foreign governments to hold a range of U.S. investments, instead of just funneling all of their money into say Treasuries or mortgage bonds. One way to do that is to require foreign governments or investors who only buy Treasuries or mortgage bonds to place a certain portion of their U.S. investments...
Admissions officers told the Harvard Gazette that applications were roughly evenly distributed between males and females, and the percentage of minority applicants is also similar to last year. Geographically, there was a larger than average increase in the number of applications from the western United States and abroad...
Fitzsimmons predicted that the number of students to be admitted this year will be similar to that of last year—Harvard accepted 2175 students to the Class of 2013, an admission rate of 7 percent. The admissions office will be "very conservative" about its selection process, Fitzsimmons said, adding that he predicts Harvard will again offer admission to many students on the waiting list...
Though concerns have persisted over compensation at HMC—where managers can net millions of dollars—top officers at the University itself earn modest salaries in comparison with administrators at peer institutions like Columbia and Yale, and have avoided similar criticism...