Word: techs
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...Google may also have to adapt to its new identity. It's hard to stay quirky and beloved when you're the $100 billion gorilla in the room, especially if you make unsavory deals with Beijing. And that wasn't Google's first p.r. hit. A reporter for tech-news website CNET last year set out to discover how much personal data she could find about CEO Schmidt by googling him. She uncovered his net worth, street address, whom he had invited to a political fund raiser--and put it all online. Google went ballistic, declaring it would boycott CNET...
...rate of growth--is far from a sure thing. At last week's close of $363 a share, Google's P/E ratio (stock price divided by earnings per share, a measure of expected profits) is a whopping 76. Compared with the average of about 20 for S&P 500 tech stocks, Google, by that yardstick at least, is way overvalued. "People should not assume that Google will succeed at and dominate whatever it pursues," says Scott Kessler of Standard & Poor's Equity Research. "The company has been trying to diversify but hasn't done a great job at monetizing...
...college represent a great untapped wealth of intelligence. If America is to maintain its position as the world leader in science and technology, it will need all the help it can muster, and these overlooked students can play a vital role. By enlarging the available talent pool for high-tech jobs and increasing the brain power working to solve important problems like global warming, the proposed scholarships help to improve life for all and to keep the economy strong. A vibrant economy and a healthy middle class are essential to funding for the arts and humanities, general scholarship programs like...
...cyberextortion schemes become increasingly common, their targets have another choice: cyberinsurance. Demand for this emerging category of insurance, which will even cover a ransom payment, has jumped as more companies--and not just tech firms--depend on digital networks to do business. Written premiums topped $200 million in 2005, up from $100 million in 2003, according to Aon Financial Services Group managing director Kevin Kalinich, as corporations realize they have to guard against liability in addition to the hackers themselves...
...Vancouver, Wash., to see his mom, play tabletop war games with his buddies and try to get out of the Guard--not to leave the military but to join the Army. He wants to go back to Iraq, never mind the missing leg. After all, with its high-tech Renegade foot, his new one has made him faster and funnier. Why test fate a second time? Because he loves the military, loves guns and loved his job as a scout. "I'm going back to be a trigger puller, not a bullet catcher," he says, reasoning that the odds...