Word: giante
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...birth of the "Copyright Wars": According to Lessig, the war began during the fall of 1995, when members of the "content industry" (read: media giants) began to grasp the implications of digital technology on copyright enforcement. (An analog tape was difficult to copy and disseminate. An MP3 file, on the other hand, just required the click of a mouse). "What before was both impossible and illegal is now just illegal," Lessig explains. In September of that year, movie studios and record labels met with the Commerce Department to map out a new legal strategy. The wildly popular and ill-fated...
...productivity growth in particular, are going to matter a lot. Strong productivity growth makes inflation less of a threat, giving the Federal Reserve more leeway in battling recession. And because it enables more economic growth down the road, it could make it far easier to pay off the giant debts the Federal Government is incurring to save the banking system and the economy...
...banks set up by the ongoing privatization of Japan's postal system, which for decades acted as a government-run banking system. Hiromichi Shirakawa, chief economist at Credit Suisse Japan, says that several regional banks have also been hurt by investments in securities sold by the bankrupt Wall Street giant Lehman Brothers, and by soured subprime-related securities holdings...
USAGE: "The Pirate Czar will protect giant media companies from, well, from...
...critics, the plan smacks of oil-fueled excess, an attempt to one-up rivals on the mad dash across the Arabian Peninsula to build the tallest, biggest, glitziest structures. Their coffers bulging with surpluses, many Persian Gulf states are turning their desert into one giant construction site. There's the City of Silk project in Kuwait, Dubailand in Dubai and any number of ports, airports, universities and giant residential and industrial complexes abuilding in Qatar, Abu Dhabi, Bahrain and elsewhere. KAEC "is not a vanity project, but there is definitely a statement being made," says a Riyadh businessman who asked...