| Mark Zuckerberg
Impact: Facebook became the "it" social networking site of 2007; even as MySpace retained its dominance, Facebook stole away much of the buzz. And these days, the 23-year-old Zuckerberg, who founded Facebook in his Harvard dorm room, is getting pitched his fair share of big deals.Viacom and Yahoo!, for example, made lucrative offers to purchase Facebook outright -- in fact, before ankling the latter, Terry Semel offered $1 billion, a query Zuckerberg rejected. In October, however, Microsoft managed to take a 1.6% stake in Facebook for $240 million. Under the agreement, Microsoft will sell ads on Facebook through 2011. That pact led many to gasp at the perceived value of Zuckerberg's site: $15 billion. Nearly 60 million people now regularly use Facebook, and Zuckerberg predicts the site could have as many as 200 million users by the end of 2008.
Portrait of an Artist as a Neighbor
George Downing told family members that Downing had commented that he had no regrets and loved every moment of his life, but he had remorse because he didn't get to see his family very often. - Click to discuss this story with other readers on our forums. .
Cricket's black and white order exposed
Lehmann was, among his teammates, the most popular cricketer in a side that bled with him as he was charged and suspended. Australia's players had never thought much about racism, but the Lehmann charge rocked them, focused their thoughts and hardened their attitude. They reckoned if it was good enough for Lehmann to be harpooned for words spoken as he was entering a dressing room then they would have no reservations about reporting a black or coloured player who turned a verbal torch on them. A month or so later, Adam Gilchrist reported Pakistan keeper Rashid Latif for allegedly calling him a "white c---" during the World Cup in South Africa. Sledging of white cricketers by black or coloured players had essentially been ignored down through the years for the reason that white cricketers never felt they could ever assume the high moral ground, no matter how big their grievance.
Outsourcing: Where’s Uncle Sam?
They can drive down the income for huge swaths of the middle class, even if they benefit their employers. "Mainstream trade economists have insufficiently noticed the drastic change in mean U.S. incomes and in inequalities among different U.S. classes," he wrote. There's no question that the American people would like their government to take a stand against companies that send jobs overseas. A Zogby International poll found that 71% of Americans believe that outsourcing jobs overseas hurts the U.S. economy, and 62% say the U.S. government should tax or legislate to try to stop the job loss. Yet virtually nothing has been done. "We need some creative solutions here," says Ron Hira, a public policy professor at the Rochester Institute of Technology who is now on leave at the progressive Economic Policy Institute.
Credit glitches? Don’t worry.
However, you should be cautious not to indulge in too many debts. It could spell a doom time for your finances. The problem with loans is not that they are bad in nature. Rather, it is for the borrowers to derive benefits from them and not fall to their adverse effects. If you can adopt a cautious and restrained approach to borrowing, it will help you. A needy person can take out a loan from various sources in the UK loan market. .
Redknapp swoops for Swiss striker
With his side staring at the prospect of relegation in 2006, Redknapp used the January window to bring in no less than five players. Although Pompey find themselves towards the other end of the table this time round, the manager is again keen to do business. "Even if everyone is fit, we're low on outfield players capable of playing in the Premier League. "So we need to get three or four in really to help during the games that the African players will miss, but it's not easy to find them." .
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