Wednesday, December 21, 2005

Bill Gates, Time Magazine "Person of the Year"



NEW YORK -- Time magazine has named Bill and Melinda Gates and rock star Bono its "Persons of the Year," citing their charitable work and activism aimed at reducing global poverty and improving world health.

The magazine said 2005 was a year of extraordinary charity in which people donated record amounts in response to extreme natural disasters, from the tsunami in South Asia to Hurricane Katrina.

"Natural disasters are terrible things, but there is a different kind of ongoing calamity in poverty and nobody is doing a better job in addressing it in different ways than Bill and Melinda Gates and Bono," said Jim Kelly, Time's managing editor.

http://www.time.com/time/magazine/article/0,9171,1142278,00.html

AOL Coaxes Google to Try Busier Ads

" Users of Google's search engine will soon see something they are not used to on the notoriously spare site: advertising with logos and graphics. And the advertisers will not be limited to America Online, whose talks with Google prompted the change in policy, according to two executives close to the companies' negotiations.

As part of their deal, which is expected to be announced this afternoon, Google is providing AOL with $300 million in advertising on Google's Web sites, intended to use to draw Google search users to related content on AOL's sites, the executives said. That sum is on top of the $1 billion in cash that Google is to invest to buy a 5 percent stake in AOL.

Representatives of Google and AOL said their companies would not comment on any aspect of the negotiations. Google, which has been providing search technology and placing search-based advertising on AOL since 2002, emerged Friday with a tentative deal to renew and expand that relationship, fending off a challenge from Microsoft ..."

http://www.nytimes.com/2005/12/20/technology/20google.html

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