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...YHOO) to bolster its online business. That may be true, but overall it is a tiny part of the world's largest software company. In the last quarter, Microsoft's online operation had modest revenue of $721 million, a drop of 15% compared to the same quarter a year ago. Yahoo! suffered a similar decline in its first quarter, so putting the two businesses together might not be as exciting a business prospect as most analysts believe...
...last year, Harvard has faced diverse and troubling news in the financial sphere. From President Drew G. Faust’s alarmed February letter about the endowment and to Dean Michael D. Smith’s announcement 10 days ago of the need for Faculty of Arts and Sciences “restructuring,” everyone has been looking for places to cut. And they have found them. Departments have slashed around 15 percent of costs, Allston development has been significantly delayed, and undergraduate Houses have had to tweak refurbishment plans. Furthermore, the university went ahead with a voluntary...
What Dorsey means is that 85% of people in Iraq carry mobile phones, usually more than one. This is a new reality in a country where roughly six years ago cellphone were virtually nonexistent. For Dorsey and other tech executives visiting Baghdad, the merging of cell technology and the Internet looks like a potential leapfrog move in telecommunications for the country, much in the way cellphone networks lessen the need for traditional landline infrastructure. "We feel that there are some real opportunities here," said Jason Liebman, CEO and founder of Howcast, a website that offers how-to videos...
History's most famous suicide happened more than 2,000 years ago: rather than surrender to the Romans who had captured her Egypt, the lovelorn Queen Cleopatra succumbed to the venomous bite of an asp. Ancient historians chronicled the act, Shakespeare dramatized it, and HBO even added its own to spin to the tragedy with the lavish TV series "Rome." Yet while we may know how Cleopatra died of snake poison, after her consort Mark Antony fell on his sword, archaeologists have yet to pin down where the legendary couple was laid to rest...
...fall of Buner, the capital was in a state of panic. Private schools were closed for two weeks for fear that militants would attempt a siege, along the lines of the Taliban attack on a police academy in Lahore last month. And an unspecified threat against foreigners two weeks ago resulted in the closure of the U.S. embassy and the British High Commission...