Word: staking
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...world where Microsoft is under attack for it and America Online is envied for it, size matters, and today nobody owns more real estate on the Internet than Son. His holding company, Softbank, based in Tokyo, has a stake in more e-businesses in more countries than any other cyberprospector out there. Yahoo? Softbank is the largest single investor, with 23%. PeoplePC, the $24.95-a-month service that gives you a free computer and online access, is a Softbank-affiliated company. So is online grocer Webvan, whose initial public offering three weeks ago soared...
...corporate form better known as keiretsu, those vertically integrated manufacturing and trading cartels that gave Japan Inc. its fearsome reputation in the 1980s. Son doesn't want to own his companies outright, or to run them. He aims to gain implicit control with a 20%-to-30% stake in each and to build a web of mutual cross-investments with sales, marketing and supply ties. "I want us to be No. 1 in every area," says Son. In five years he expects the global Softbank family to grow to 780 companies...
...According to Marc Stad '01, president of the College Democrats, the purpose of the campaign is to let students know "what's at stake if you vote for Bush...
...council campaign. As the situation currently stands, and has often stood in the past, those few students who vote in two weeks will merely be expressing a lukewarm preference for one candidate over the others, and not an impassioned advocacy. Even if there were serious issues at stake--which admittedly there are not-the current offering of aspiring presidents would be sufficiently dull to drown the enthusiasm of even the most committed activists...
...revelations concerning the contents of the doomed plane's voice-data recorder. Although the two sides are cooperating closely at the top, press coverage of NTSB leaks - and the Egyptian pooh-poohing of such conjecture - has made life difficult for both Washington and Cairo. "There's a lot at stake here because both sides need to preserve their strategic relationship," says TIME Cairo bureau chief Scott MacLeod. "The Egyptians are very resentful of the stream of leaks to the media, which have pointed the blame at the Egyptian pilot. In Cairo, nothing would be leaked to the media until...