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Home arrow Magazine Categories arrow The Economist arrow The Economist, September 1st, 2007

The Economist, September 1st, 2007

Magazine - The Economist

The Economist, September 1st, 2007, Asiaing.comThe Economist Magazine, a weekly news and business publication written for top business decision-makers and opinion leaders who need a wide range of information and views on world events. It explores the close ties between domestic and international issues, business, finance, current affairs, science and technology.

According to its contents page, its goal is "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress." Subjects covered include international news, economics, politics, business, finance, science and technology and the arts.

The publication is targeted at the high-end "prestige" segment of the market and counts among its audience influential business and government decision-makers.

Although The Economist calls itself a newspaper, it is printed in magazine form on glossy paper, like a newsmagazine.

The Economist belongs to The Economist Group. The publication interests of the group include the CFO brand family as well as European Voice and Roll Call (known as "the Newspaper of Capitol Hill"). Another part of the group is The Economist Intelligence Unit, a research and advisory company providing country, industry and management analysis worldwide. Since 1928, half the shares of The Economist Group have been owned by the Financial Times, a subsidiary of Pearson PLC, and the other half by a group of independent shareholders, including many members of the staff. The editor's independence is guaranteed by the existence of a board of trustees, which formally appoints him and without whose permission he cannot be removed.

From Wikipedia.org

View The Economist, September 1st, 2007

Cover Story: Who's afraid of Google?

The world's internet superpower faces testing times

RARELY if ever has a company risen so fast in so many ways as Google, the world's most popular search engine. This is true by just about any measure: the growth in its market value and revenues; the number of people clicking in search of news, the nearest pizza parlour or a satellite image of their neighbour's garden; the volume of its advertisers; or the number of its lawyers and lobbyists.

Such an ascent is enough to evoke concerns—both paranoid and justified. The list of constituencies that hate or fear Google grows by the week. Television networks, book publishers and newspaper owners feel that Google has grown by using their content without paying for it. Telecoms firms such as America's AT&T and Verizon are miffed that Google prospers, in their eyes, by free-riding on the bandwidth that they provide; and it is about to bid against them in a forthcoming auction for radio spectrum. Many small firms hate Google because they relied on exploiting its search formulas to win prime positions in its rankings, but dropped to the internet's equivalent of Hades after Google tweaked these algorithms....

 

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