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compos mentis. Concision. Media. Clarity. Memes. Context. Melange. Confluence. Mishmash. Conflation. Mellifluous. Conviviality. Miscellany. Confelicity. Milieu. Cogent. Minty. Concoction. |
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Bertelsmann Chief Fired in Top-Level Clash |
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Topic: Tech Industry |
6:50 am EDT, Jul 29, 2002 |
In the latest eruption of boardroom turmoil at a global media conglomerate, the chairman and chief executive of Bertelsmann of Germany, Thomas Middelhoff, was unexpectedly ousted today after clashing with the family that controls the company. Analyst: "[Middelhoff] was doing all the right things to turn a provincial, parochial German company into a global player. It's a big step backward for the company." Despite Bertelsmann's rapid growth and global ambitions, it remains a private company. The Mohn family owns 17% of the shares and controls 58% through the Bertelsmann Foundation. That last song was "Echoes of Adelphia", by Mohn, falling two notches this week. Keep your ears to the radio this week for the debut of Mohn's latest single, "It's My Money", an up-tempo rap duet with John from Rigas, Inc. Before that you heard, "Take This Job And Shove It", this week's "long distance" dedication, which goes out to John from Bernie, who says, "I hope we can still be friends." Stay tuned, because in the next half-hour, our industry experts will answer two important questions that weigh heavily on all our minds these days: What Does It All Mean for Britney?, and How Can I Hook Up With the Newly-Single J.Lo? Next we have the catchy pop tune that's inspired the latest dancefloor craze, "The CEO Shuffle". It climbs another notch this week on the charts. Here's BMG with "Differences of Opinion". Bertelsmann Chief Fired in Top-Level Clash |
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Ready or Not, Wireless Merger May Be Coming |
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Topic: Telecom Industry |
6:35 am EDT, Jul 29, 2002 |
"This is a terrible time to try and sell a wireless asset, but [Deutsche Telekom] is under quite a bit of pressure. Nobody got rid of Sommer to just leave things the way they were." Morningstar analyst: "VoiceStream is gone. Without question, you cannot be the sixth player. It's bad enough being third, fourth, or fifth." Bankers ask, even at a 67% discount, who would want to buy it? Ready or Not, Wireless Merger May Be Coming |
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Can AOL Keep Its Subscribers in a New World of Broadband? |
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Topic: Tech Industry |
6:30 am EDT, Jul 29, 2002 |
Is America Online's subscriber base about to peak? Online ads are down, accounting is in question; subscriber growth rates declining rapidly toward the negative; forced to offer deep discounts to manufacture growth; AOL admits "broadband is [even] less profitable than dial-up". EarthLink CEO: "Even if [AOL is] wildly successful [in the broadband market], they will never be able to replicate their dominance in dial-up." On AOL's strategy: "It's profitless prosperity." MSN is skeptical: "My question is how long can they milk their base. There is only so long people will pay $14.95 a month to keep their old e-mail address." Can AOL Keep Its Subscribers in a New World of Broadband? |
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AT&T Asks $1 Billion of AOL Time Warner |
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Topic: Tech Industry |
6:23 am EDT, Jul 29, 2002 |
AT&T is seeking at least $1 billion in cash from AOL Time Warner as a condition for accepting AOL's plan for dissolving the Time Warner Entertainment joint venture. If AT&T and AOL do not make a deal, TWE will either become a public company or the partnership's rules say that AT&T can require AOL to buy out as much of AT&T's stake as Bank of America determines the public would buy. In short order, AOL could find itself having to fork over $9B in cash or risk losing its crown jewel, HBO. AT&T Asks $1 Billion of AOL Time Warner |
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Qwest Finds Problem With $1.1 Billion in Transactions |
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Topic: Telecom Industry |
6:02 am EDT, Jul 29, 2002 |
Qwest Communications International, the dominant provider of local telephone service in 14 Western states, said last night that it had incorrectly accounted for more than $1.1 billion of transactions from 1999 to 2001 in the latest revelation of accounting irregularities at a telecommunications company. Qwest also said that its accounting problems might extend to areas beyond the sale of fiber optic capacity, where most scrutiny had been focused until recently. Qwest CEO Notebaert: "We will not be the next shoe to drop." ... "I don't feel confident making any predictions about [telecom industry] recovery." Qwest's ability to evade a bankruptcy filing depends to some degree on its ability to secure additional financing from its banks. Qwest CFO, on compliance with loan requirements: "We don't know what the second quarter is going to look like." Qwest shares are down 94% in the last year. ... Serious doubts exist over whether [bandwidth swapping] deals were appropriate in any way [regardless of the accounting method employed]. Also: $400M improperly accounted for at QwestDex, the directory service Qwest had hoped to sell for cash. Oops. If the banks detect loan violations, they can call in the debts immediately and force Qwest into bankruptcy. Qwest will hold a conference call on Monday. Then stay tuned for Tuesday's hearing before the Senate Commerce Committee. Qwest Finds Problem With $1.1 Billion in Transactions |
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Russian arms at risk from terrorists |
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Topic: International Relations |
6:41 pm EDT, Jul 28, 2002 |
The US government ... has great trouble moving beyond puny measures where a poorly defended collection of nerve gas canisters in Siberia is concerned -- a collection that could kill each person on the planet 46 times. The government already has officials whose job descriptions include pestering scientists around the country not to publish information about their research methods in certain fields of study out of the nonspecific worry that it might fall into the "wrong" hands. However, the government has enormous difficulty making an effort to get into any of four former biological weapons sites in what used to be the Soviet Union -- places terrorist networks have known about for years in frightening detail. [Discussion of the Nunn-Lugar program ... ] The biggest successes have involved strategic nuclear weapons, but great gobs of chemical, biological, tactical nuclear, and conventional submarines capable of carrying cruise missiles remain on the agenda. The miracle is that to date nothing has been stolen or sold to a terrorist network and that no scientist on the edge of poverty has succumbed to the financial incentives from those networks and rogue nations to turn traitor. The best illustration of why this has got to stop may be found in Siberia, [where Russians are storing] 1.9 million small canisters of VX and sarin nerve gas. Each canister contains enough gas to kill 180,000 people. Thomas Oliphant's column in today's Boston Globe. I've blogged about Nunn-Lugar before; my purpose here is to point out that there are much more pressing concerns in this arena than the hypothetical misuse of a _Science_ article. Who needs a recipe when you've got McDonald's? Russian arms at risk from terrorists |
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The Seven Myths of Knowledge Management |
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Topic: Technology |
11:02 pm EDT, Jul 27, 2002 |
If you look at how companies approach knowledge management, you can see that the problem is in the execution. Companies commonly make catastrophic mistakes ... Realize you don't have to solve every information problem on the first day. Start small, demonstrate successes and develop evangelists for your efforts. One caveat: You need to think big even as you start small. Focus as much on the value and reliability of the information as on how the information is stored. [A firm] built a way for people to query each other -- people no longer just looked up information but could find the scientists who generated the information and ask a precise question. Employees were delighted. They made better decisions, and in less time. In the end, knowledge management isn't about maintaining a pristine database. It's about fostering an environment in which people can ask questions ... an open system that encourages building relationships through communities and creating opportunities for personal interaction, across cubicles and across oceans. The Seven Myths of Knowledge Management |
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Esther Dyson defends ICANN | Salon.com |
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Topic: Politics and Law |
2:29 pm EDT, Jul 27, 2002 |
On July 2, Salon published an interview with John Gilmore, a software entrepreneur and longtime Internet visionary, that called for the outright abolition of ICANN. Gilmore is also helping to fund a lawsuit by Karl Auerbach, a popularly elected ICANN board member, that is demanding access to ICANN's financial books. In response to the Gilmore interview, Salon received an angry letter from ICANN's chief counsel, Joe Sims, and was also approached by Esther Dyson, who sought an opportunity to explain some of the "nuances" of ICANN's operations. Salon: John Gilmore says we should have thousands of top-level domains. Dyson: If people are redesigning the system from the start you'd probably do it entirely differently. But why could God build the world in only seven days, you know? Because he had no legacy systems. In the long run you could create thousands of top level domain names, but you'd end up with the same issues. As long as you have names you're going to have scarcity, and artificial scarcity. ICANN should create a whole lot more top level domains and take the artificial scarcity out of the market. ... Let's get real. In the scheme of things, the amount of money involved here is kind of piddling. A lot of people that talk about this think a million dollars is a big deal. Esther Dyson defends ICANN | Salon.com |
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The Council for Responsible Genetics |
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Topic: Biotechnology |
12:26 pm EDT, Jul 27, 2002 |
The Council for Responsible Genetics (CRG) is a non-profit / non-governmental organization devoted to fostering public debate about the social, ethical, and environmental implications of the new genetic technologies. Too often, the debates about the social and ethical implications of biotechnology have been left to the scientific "experts." As a link between scientists and lay people, the CRG is working to encourage public understanding and involvement in these debates. The central principles that guide the vision of the CRG are: + The public must have access to clear and understandable information on technological innovations. + The public must be able to participate in public and private decision-making concerning technological developments and their implementation. + New technologies must meet social needs. + Problems rooted in poverty, racism and other forms of inequality cannot be remedied by technology alone. The Council for Responsible Genetics |
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Topic: Science |
7:08 pm EDT, Jul 26, 2002 |
[A great transcription of Richard Hamming's 1986 talk on what it takes to do great work. All I can say is: wow. I'm doing lots of thinking on this now, having read this. Speaks very deeply to my mind of things involved in the work I do. Brilliant paper. - dnm] [I highly recommend this paper as well ... it's very cool. (of course..I am a researcher, so it speaks to me....and it may very well speak to you too) - Nanochick:)] Yes! Excellent. Outstanding. Superb. "More, please." You and Your Research |
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