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...language. AQA has a team of 50 researchers (which Myers hopes to enlarge to 200 by the end of the year) who scurry for facts. An AQA computer hangs onto the answers, so that when questions repeat, the computer replies. Computers also fetch the most straightforward answers, such as stock prices. Caveat emptor: the answers are not always timely. It recently took AQA three days to answer a question about the average first-day price rise of new issues on the London Stock Exchange. But Myers says AQA answers 80% of all questions in less than five minutes...

Author: /time Magazine | Title: A Very Smart Phone | 7/11/2004 | See Source »

...solidarity tax on fortunes," probably the world's broadest tax on wealth, rather than income. Enacted in its current form in 1988 under François Mitterrand, the tax is a levy on anyone whose worldwide assets exceed €720,000. That means the values of stock and bonds, bank accounts, real estate - even personal belongings. About 300,000 French citizens and residents are subject to it, and it causes some talented taxpayers to flee. Take entrepreneur Denis Payre. In 1990, he co-founded a French software company called Business Objects. The company quickly took off, and was listed...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...almost 100% against the dollar since January 2002. After all the ostriches, impalas, kudu, warthogs, springbok, giraffes, hippos, zebras and waterbuck are sold, the auction has raised $1.5 million, well down on last year's $3.3 million, but a sign that conservation efforts are working. Says Gaisford: "As people stock their farms, demand is bound to go down." I decide a straightforward approach to buyers is safest. Rob Le Sueur, owner of Nambiti Game Conservancy, four hours' drive west, is with his manager Mark Hamsmeyer, checking out two white rhino. They are looking for rhino and hippos to stock their...

Author: /time Magazine | Title: And What Am I Offered For This Lovely Giraffe? | 7/11/2004 | See Source »

...already clamoring to legally make the drug. Says Lu Xinyu, marketing manager of drug-maker Beautiful Pearl Group, "I can't imagine how vicious the competition will be." - Matthew Forney/Beijing Floating On Air Al-Jazeera, the Qatar-based independent broadcaster, is weighing a public offering on Doha's stock exchange within two or three years. To bolster its appeal to viewers and investors, an English-language version is planned as well as new documentary and children's channels...

Author: /time Magazine | Title: Biz Watch | 7/11/2004 | See Source »

...certificate of ownership interest in a foreign company. In this case, each ADR represents 100 shares of stock in Surgut—or approximately $130 million in all—according to Harvard’s arbitration claim...

Author: By Alan J. Tabak, CRIMSON STAFF WRITER | Title: Harvard Submits Claim Against Oil Co. | 7/9/2004 | See Source »

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