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...make a claim on sports programming and its rich merchandising spin-offs. There's already a built-in audience, and it's global. In 2006, combined sales of video and PC games hit $13.5 billion, a record for the industry and more than $4.5 billion above Hollywood's total box-office receipts. Competitive gaming is currently insignificant in that universe, with sales between $15 million and $20 million, according to industry consulting firm Parks Associates. But big players are entering the market. In January, DirecTV announced the formation of its own Championship Gaming Series. The matches will be viewable...
...rather that hedge funds as a group will gradually and continuously lose their edge (if they haven't already) over other asset classes," he writes in an e-mail. "Then they will 'top out'--like mutual funds, real estate, etc.--and then just be a fluctuating fraction of total financial assets--part of the financial landscape...
...have a greater warming effect than the same amount of carbon released on the ground by cars or factories. On an individual level, a single long-haul flight can emit more carbon per passenger than months of SUV driving. Though air travel is responsible for only 1.6% of total greenhouse gas emissions, according to one estimate, in many countries it's the fastest-growing single source--and with annual airline passengers worldwide predicted to double to 9 billion by 2025, that growth is unlikely to abate. The Intergovernmental Panel on Climate Change (IPCC) put it bluntly last year: "The growth...
...upcoming opponents are studies in the final two levels of quality in the league—the opportunist and the doormat. Union is definitively the latter; the Dutchwomen are working on an astounding streak of 58 straight losses in league play, dating back to February 2004. A total of 16 of those defeats have come this season, as Union has been outscored 108-11 in conference action. Further evidence of the Dutchwomen’s futility: 10 of the team’s losses have been in shutout fashion, and seven have been by seven goals or more...
...growing demand for oil to the rising global population and better living standards in the developing world. “Over the next several decades, we must substantially increase the amount of energy available to consumers around the world,” he said. “By 2030, total energy consumption will be 70 percent higher than today’s level.” Jum’ah said yesterday’s speech marked the first time he had returned to Harvard since 1976, when he attended the Business School’s Program for Management Development...