Word: valleyful
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HOLLYWOOD AND SILICON VALLEY were shocked when Terry Semel became CEO of Internet portal Yahoo! in 2001. But the ex-Warner Bros. chief has led the company out of dotcom-bubble troubles to a new era of record profits. He has also done well personally, making a profit of more than $250 million on stock-option sales, according to analysis firm Thomson Financial. Semel talked to TIME's Jeffrey Ressner about technology, Tinseltown and the competition...
...WORKING IN SILICON VALLEY DIFFERENT FROM HOLLYWOOD...
Legislators wield one potent weapon: money. In January, Utah state senators quietly red-lined funding for a $37 million digital-learning center at Utah Valley State College. The senators were worried about "the drift of the campus," says UVSC president Bill Sederburg, who fielded complaints from them about an Oct. 20 campus speech by Michael Moore, a student production of The Vagina Monologues and a course on queer theory in literature. "The legislators are saying 'We don't want the college to go too far and lose touch with the community.' But we have an obligation to protect academic freedom...
...past several weeks of extraordinary activity culminated in Monday’s announcement that Syria would withdraw its troops in a two-stage process starting immediately. Syrian troops appear so far to be honoring the agreement and are now in the process of pulling back to the Bekaa valley in Eastern Lebanon where they will await another accord that will delineate their final withdrawal. Hopefully negotiations will begin soon after the March 31 deadline that Syria has laid out for relocation of its troops to the valley, and will be successful in ridding Lebanon of its occupiers...
...Hizballah on Tuesday made clear that it will have a major say in ordering a post-Syrian Lebanon, even though right now Syria's departure is far from a done deal. Under overwhelming international pressure, Syria on Monday announced that it would withdraw its troops into the eastern Bekaa Valley, near the Syrian border, pending a full withdrawal at an unspecified later date. That's hardly sufficient to satisfy the demands of the Lebanese opposition groups, backed by the United States, for a complete withdrawal not only of Syria's 14,000 uniformed troops, but more importantly to remove...