Word: upstart
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...former German telephone monopoly Deutsche Telekom took a leap of faith across the Atlantic and bought an upstart U.S. mobile-phone company called VoiceStream Wireless for $46.5 billion. Telekom's management was excoriated for paying an exorbitant price for the smallest operator in a crowded market, dwarfed by giants Cingular, Verizon and Sprint. But the bet paid off. Today, the U.S. arm of T-Mobile, the German mother ship's wireless unit, is still ranked fourth, but it is the fastest-growing part of the $75 billion company and well on its way to becoming Telekom's largest revenue source...
It’s amazing how rapidly the Ivy League has divided itself into four tiers, and how the two squads from each tier are all playing each other tomorrow. Penn-Yale is obviously the second-best game of the weekend, with the resurgent Quakers hosting the upstart Bulldogs in Philly...
...COLUMBIA (3-1, 0-1)Norries Wilson doesn’t like his wife walking the neighborhood around their home on 107th Street after dark. But if he teaches self-defense as well as he tutors team defense, I think Mrs. Wilson will be just fine.The upstart Lions lead the Ivies in scoring defense (11.75 per game), total defense (264 yards per game), and turnover margin. Columbia has a whopping 15 takeaways through four games. Potential trap game for the Quakers. Prediction: Penn 27, Columbia 10YALE (3-1, 2-0) VS. LEHIGH (2-3)How’s this...
...turn its attention to making money from the millions of visitors it attracts every day. But just before inking the deal with Google, the San Bruno, Calif.-based startup signed licensing and distribution deals with CBS, Universal and Sony. That, YouTube hopes, will help keep the upstart from suffering the painful demise that hit Napster, which couldn't successfully parlay its huge Web audience into a profitable, legal social network...
...Wall Street upstart from Brooklyn 50 years ago. Since then, Citigroup chairman Sandy Weill got rich and famous building an empire that culminated with the Travelers-Citicorp merger in 1998. In the process he walked away once and busted up with friends like Jamie Dimon. Weill, 73, has written The Real Deal, on his dealmaking and how things could have gone smoother. He spoke with TIME's BILL SAPORITO about mending fences, how to keep marriages strong and his focus on philanthropy...