Word: free
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...even telecom service and equipment suppliers that are prospering have reason to be worried, knowing they are in the crosshairs of free voice providers that want to render the industry as they know it obsolete. The biggest threat to the old order is probably Skype Ltd. of Luxembourg, which has attracted more than 405 million customers since it launched software in 2003 that allows free long-distance calls over the Internet. eBay paid $2.6 billion for Skype four years ago because it believed the free voice operator would mesh well with its auction business. It didn't. Now eBay...
...compared with works like Jared Diamond's Guns, Germs, and Steel, Beattie's take is markedly less deterministic. Corruption may have killed Africa, he notes, but it worked rather well in South Korea, where bribery attained taxlike precision. Beattie, an editor at the Financial Times, develops a few themes: free trade is good. Infrastructure is unsexy but vital. Capital cities are best kept small (making rioting less likely). For the most part, though, he tosses evidence on the table, then walks away. Debunking the supposed link between the Protestant work ethic and the rise of modern capitalism, Beattie notes that...
...developers and big-name hotels are trying to avoid chopping the prices of newly built units. They're offering sweeteners such as free spa memberships and extra hotel-reward points. But it's getting tougher for them to compete with the growing number of heavily discounted resale units...
...point out one helpful hint for those who have cut back on their movies, newspapers, magazines, books and Internet services? Check out your local library, which still offers all these services to everyone for free. Jackie Siegert, MADISON, MINN...
...video that answers the question "What's Harvard Really Like?" Four videos have been posted from what was originally a larger field, according to Derek Flanzraich, the organization's co-president. To vote on the best video go here. Voting closes tomorrow at midnight. The winner will receive free food from b.good for a month...