Microsoft is paying a premium to acquire Internet phone company Skype. Skype still isn't profitable, but Microsoft announced Tuesday that it will pay $8.5 billion in cash to make Skype its own. Did Microsoft overpay? And how does it plan to make money on Skype?
Universities in South Africa are wrestling with an issue familiar to many Americans: affirmative action.
South Africa is still coping with the aftermath of apartheid and a lingering educational gap between black and white. Now, a series of public debates about college admissions has reopened a national dialogue on race.
Forecastle Founder JK McKnight has announced the headliners for this summer’s Halfway to Forecastle Festival. The Halfway to Forecastle Festival has been held annually since 2008 and focuses more on electronic music. However, this year’s event is replacing the actual Forecastle Festival in anticipation of its 10th anniversary celebration in 2012.
The Jolly Boys' members play mento, a bawdy style of party music that preceded Jamaica's more famous musical export, reggae. The band enjoyed some international success in the late '80s and early '90s, but since then some of its members have died or become too old to perform. Luckily, talented septuagenarians were waiting in the wings, and after 20 years, the Jolly Boys' members have released a new album of rock covers titled Great Expectation.
Outside the old city of Chiang Mai, Thailand, the Warorot Market was bustling with activity. It was an orchestra of sizzling satay of pork and chicken livers, the singsong melody of Thai, and steaming bowls of noodle soups. Row upon row of rainbow-colored fruit and vegetable stalls glimmered in the sun. The female vendors fanned themselves and leaned in to one another, gossiping under the brims of their straw-weaved hats. I imagined them discussing their sons and daughters, the amount of food they hoped to sell, or the weather expected that afternoon.