Phil Libin, the chief executive of Evernote, during a staff meeting at Evernote’s headquarters in Redwood City, Calif. Evernote is among the privately held Silicon Valley start-ups that are worth more than $1 billion. An unprecedented number of high technology start-ups, easily 25 and possibly exceeding 40, have crossed that threshold. Many employees are quietly growing rich, or at least building...
Feb
08
IHT Rendezvous: French Communists Abandon Hammer and Sickle
Label: WorldLONDON — The Communist Party of France has sparked a revolution among the comrades by removing the hammer and sickle from their membership cards.The iconic symbol of the international proletariat has been replaced with the star of the multi-party European Left alliance, much to the horror of traditionalists at the party’s 36th congress that opened near Paris on Thursday.What was billed by the party...
AP Source: Hernandez on verge of new deal with M's
Label: LifestyleSEATTLE (AP) — Felix Hernandez and the Seattle Mariners are working on a $175 million, seven-year contract that would make him the highest-paid pitcher in baseball, according to a person with knowledge of the deal's details.The person spoke to The Associated Press Thursday on condition of anonymity because the agreement has not been completed. USA Today first reported the deal.Seattle would add $134.5...
Well: Think Like a Doctor: A Confused and Terrified Patient
Label: HealthThe Challenge: Can you solve the mystery of a middle-aged man recovering from a serious illness who suddenly becomes frightened and confused?Every month the Diagnosis column of The New York Times Magazine asks Well readers to sift through a difficult case and solve a diagnostic riddle. Below you will find a summary of a case involving a 55-year-old man well on his way to recovering from a series of...
Dell’s Largest Investor to Oppose Buyout
Label: Business(Reuters) - Dell Inc's largest independent shareholder, Southeastern Asset Management, on Friday vowed to fight a $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell, cementing opposition to what would be the largest buyout since the start of the financial crisis. Southeastern's opposition to the deal, which Reuters first reported late on Thursday, sets up a potential battle...
Feb
07
IHT Rendezvous: Baron Von Fancy Goes to Paris
Label: WorldPARIS—Baron Von Fancy’s name may belong in an 18th-century German royal court, but he is very much a 20th-century child. He’s a multimedia artist who lives in New York and surfs on the vintage-is-cool wave, using social media as his manager, agent and public relations firm.His latest exhibition, “A Thing Called Love,” opened on Monday at the Paris Colette shop, a European mecca of all things fashionable,...
Armstrong sued for $12 million bonus
Label: LifestyleAUSTIN, Texas (AP) — A Dallas promotions company sued Lance Armstrong on Thursday, demanding he repay $12 million in bonuses and fees it paid him for winning the Tour de France.SCA Promotions had tried in a 2005 legal dispute over the bonuses to prove Armstrong cheated to win before it ultimately settled and paid him.Armstrong recently acknowledged using performance-enhancing drugs after the U.S....
Well: The 'Monday Morning' Medical Screaming Match
Label: HealthI did not think I would ever see another “morbidity and mortality” conference in which senior doctors publicly attacked their younger colleagues for making medical errors. These types of heated meetings were commonplace when I was a medical student but have largely been abandoned.Yet here they were again on “Monday Mornings,” a new medical drama on the TNT network, based on a novel by Dr. Sanjay Gupta,...
DealBook: K.K.R.'s Earnings Rise 22% on Investment Gains
Label: BusinessImproving markets lifted the fortunes of Kohlberg Kravis Roberts in the fourth quarter, as the investment firm reported a 22 percent rise in profit.K.K.R. said on Thursday that it earned $347.7 million for the quarter, as all of its businesses showed strong gains. For the year, the firm reported earning $2.1 billion.The fourth-quarter profit, reported as economic net income and which includes unrealized...
Feb
06
India Ink: Your Suggestions on Curbing Violence Against Women in India
Label: WorldThe trial of five of the six suspects in the New Delhi gang rape case that has captured worldwide attention began on Tuesday, just as the Indian government moved to strengthen its sexual assault laws in response to public outrage.Last week, we asked you to weigh in on what needs to be done to end the problem of sexual assault and violence against women in India, and you offered a wide range of solutions....
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