Bill Gates and Ted Turner share joint venture in Africa
Posted: 5:23 p.m. MST, March 30, 2007
Logan, Utah -- Bill and Melinda Gates, along with Ted Turner, met with local officials in Africa this past week. The topic of discussion was a possible philanthropic venture to improve the education system throughout the country.
Bill Gates, Chairman of Microsoft, said that he has no formal relationship with Turner, but that they plan on working together to raise the education level in the country. Gates said that everything was going to be run through the Bill and Melinda Gates Foundation, but that a great deal of the funding would come from Turner's end. The Bill and Melinda Gates Foundation has been around for seven years and has assisted millions in getting vaccinations for deadly diseases, as well as educating those who otherwise would not have received the opportunity. Gates also said that he wanted to put initiatives together on a continental level, as well as on a local level. To do that, Gates, along with Turner, met with local mayors and leaders to discuss possibilities.
African Mayor Malik Ok, said that he met with Turner and the Gates' last Wednesday. Ok said that they discussed mostly educational opportunities both locally and on a continental scale. "We know there's a lot of opportunity here," Ok said, "They want to come in and teach my people how to do things better." Ok also said that the timeline for this project was to start within a year or a year and a half. Some of Ok's villagers, however, had concerns about what this project would do for the area. Commenting on that, Ok said "Some of my people are concerned ... I don't share that concern. I think we can keep our ways of life." This only goes to show how willing Ok, as well as other African leaders, is to help this project to go as smoothly as possible.
Turner, an American media mogul, was quiet about what the plans were, but he did say that he felt "Bill and Melinda Gates are going to be wonderful to work with." This would not be the first time that Gates and Turner have worked together on a philanthropic venture. In 2000, the Bill and Melinda Gates Foundation teamed up with Ted Turner to donate $78 million to the acceleration of the campaign to eradicate polio in Africa. Turner shared the same feelings about the Gates' seven years ago when he said "The United Nations Foundation is delighted to work with the Bill & Melinda Gates Foundation in supporting the polio eradication initiative."
Friday, March 30, 2007
Thursday, March 29, 2007
Practice News Story 9: Investigative
Bill Gates and Ted Turner share joint venture in Africa
Posted: 10:06 a.m. MST, March 29, 2007
Logan, Utah -- Bill and Melinda Gates, along with Ted Turner, met with local officials in Africa this past week. The topic of discussion was a possible philanthropic venture to improve the education system throughout the country.
Bill Gates, Chairman of Microsoft, said that he has no formal relationship with Turner, but that they plan on working together to raise the education level in the country. Gates said that everything was going to be run through the Bill and Melinda Gates Foundation, but that a great deal of the funding would come from Turner's end. Gates also said that he wanted to put initiatives together on a continental level, as well as on a local level. To do that, Gates, along with Turner, met with local mayors and leaders to discuss possibilities.
African Mayor Malik Ok, said that he met with Turner and the Gates' last Wednesday. Ok said that they discussed mostly educational opportunities both locally and on a continental scale. "We know there's a lot of opportunity here," Ok said, "They want to come in and teach my people how to do things better." Ok also said that the timeline for this project was to start within a year or a year and a half.
Turner, an American media mogul, was quiet about what the plans were, but he did say that he felt "Bill and Melinda Gates are going to be wonderful to work with."
Posted: 10:06 a.m. MST, March 29, 2007
Logan, Utah -- Bill and Melinda Gates, along with Ted Turner, met with local officials in Africa this past week. The topic of discussion was a possible philanthropic venture to improve the education system throughout the country.
Bill Gates, Chairman of Microsoft, said that he has no formal relationship with Turner, but that they plan on working together to raise the education level in the country. Gates said that everything was going to be run through the Bill and Melinda Gates Foundation, but that a great deal of the funding would come from Turner's end. Gates also said that he wanted to put initiatives together on a continental level, as well as on a local level. To do that, Gates, along with Turner, met with local mayors and leaders to discuss possibilities.
African Mayor Malik Ok, said that he met with Turner and the Gates' last Wednesday. Ok said that they discussed mostly educational opportunities both locally and on a continental scale. "We know there's a lot of opportunity here," Ok said, "They want to come in and teach my people how to do things better." Ok also said that the timeline for this project was to start within a year or a year and a half.
Turner, an American media mogul, was quiet about what the plans were, but he did say that he felt "Bill and Melinda Gates are going to be wonderful to work with."
Friday, March 23, 2007
Practice News Story 8: Sports
Jazz finally get road win; beat Clippers
Posted: 8:56 p.m. PST, March 23, 2007
Los Angeles -- The Utah Jazz snapped their four game road losing streak tonight by beating the Los Angeles Clippers 106-99. Elton Brand was the game's high scorer with 33 points, but it was not enough to finish off the Jazz.
The game was tied 97-97 with less than two minutes to go when Paul Milsap passed the ball to Mehmet Okur who sunk a deep three-point shot. On the next possession, with the Jazz up 100-97, Derek Fisher put the nail in the coffin by hitting another three with less than a minute to go.
This is a tough loss for the Clippers, who are now tied with Golden State for the final playoff spot in the Western Conference.
Both Milsap and C.J. Miles had very impressive games tonight, which was greatly appreciated by Jazz coach Jerry Sloan. Sloan said of Miles "He came in with a lot of energy, and that's what I expect from these young guys."
Sports Illustrated Analyst Marty Burns feels that this win came at just the right time for Utah. "This is setting the Jazz up great for the playoffs ... I think tonight's game shows they can band together." Burns also feels that the Jazz will be able to go deep into the playoffs if they continue to play the kind of basketball that they are now.
This win not only makes two in a row for Utah, but it helps them stay ahead of the surging Houston Rockets in the fight for homecourt advantage in the first round of the playoffs. The season series between these two teams is tied at a game a piece, with each victory coming on the winning team's home floor.
Posted: 8:56 p.m. PST, March 23, 2007
Los Angeles -- The Utah Jazz snapped their four game road losing streak tonight by beating the Los Angeles Clippers 106-99. Elton Brand was the game's high scorer with 33 points, but it was not enough to finish off the Jazz.
The game was tied 97-97 with less than two minutes to go when Paul Milsap passed the ball to Mehmet Okur who sunk a deep three-point shot. On the next possession, with the Jazz up 100-97, Derek Fisher put the nail in the coffin by hitting another three with less than a minute to go.
This is a tough loss for the Clippers, who are now tied with Golden State for the final playoff spot in the Western Conference.
Both Milsap and C.J. Miles had very impressive games tonight, which was greatly appreciated by Jazz coach Jerry Sloan. Sloan said of Miles "He came in with a lot of energy, and that's what I expect from these young guys."
Sports Illustrated Analyst Marty Burns feels that this win came at just the right time for Utah. "This is setting the Jazz up great for the playoffs ... I think tonight's game shows they can band together." Burns also feels that the Jazz will be able to go deep into the playoffs if they continue to play the kind of basketball that they are now.
This win not only makes two in a row for Utah, but it helps them stay ahead of the surging Houston Rockets in the fight for homecourt advantage in the first round of the playoffs. The season series between these two teams is tied at a game a piece, with each victory coming on the winning team's home floor.
Thursday, March 8, 2007
Practice News Story 7: Business
Google Inc. moves to take over Time Warner Inc.
Posted: 9:00 a.m. PST, March 8, 2007
Palo Alto, Calif. -- In an unexpected move, Google Inc. (GOOG) has offered Time Warner Inc. (TWX) $50 billion in cash and stocks to merge with their company. The offer came as a surprise to Time Warner, who had previously been receiving offers for their AOL division from Microsoft Corporation (MSFT) and Yahoo! Inc. (YHOO).
Time Warner CEO Richard D. Parsons said that the timing of the offer from Google was interesting because of the other offers they had been receiving. He said that the offer is on the table for 30 days and will be discussed in great length. "Top priority is to take care of our employees," Parsons said.
Dr. Eric Schmidt, CEO of Google, said that the $50 billion offer was an overestimation of the actual value of Time Warner. "We pay a good price for a good product, we're not here to take advantage of people," Schmidt said. Schmidt also said that having these two companies come together would comprise the perfect merger. He feels confident that Google can accomplish what AOL was unable to do in their takeover of Time Warner. Schmidt also felt confident that the FCC would accept the merger as something legal. "If I had a concern about a perceived monopoly, then I would not have made the offer," Schmidt said.
Paul Kim, an industry analyst from Traditional Aerial Securities Inc., felt that the merger was a good idea as well. "I'm one to trust Google... their customers are happy and their employees are happy." Kim also feels that both Time Warner and Google can make great advances with this merger. "I think that this [merger] will be a major catalyst in other companies doing the same thing," Kim said.
Posted: 9:00 a.m. PST, March 8, 2007
Palo Alto, Calif. -- In an unexpected move, Google Inc. (GOOG) has offered Time Warner Inc. (TWX) $50 billion in cash and stocks to merge with their company. The offer came as a surprise to Time Warner, who had previously been receiving offers for their AOL division from Microsoft Corporation (MSFT) and Yahoo! Inc. (YHOO).
Time Warner CEO Richard D. Parsons said that the timing of the offer from Google was interesting because of the other offers they had been receiving. He said that the offer is on the table for 30 days and will be discussed in great length. "Top priority is to take care of our employees," Parsons said.
Dr. Eric Schmidt, CEO of Google, said that the $50 billion offer was an overestimation of the actual value of Time Warner. "We pay a good price for a good product, we're not here to take advantage of people," Schmidt said. Schmidt also said that having these two companies come together would comprise the perfect merger. He feels confident that Google can accomplish what AOL was unable to do in their takeover of Time Warner. Schmidt also felt confident that the FCC would accept the merger as something legal. "If I had a concern about a perceived monopoly, then I would not have made the offer," Schmidt said.
Paul Kim, an industry analyst from Traditional Aerial Securities Inc., felt that the merger was a good idea as well. "I'm one to trust Google... their customers are happy and their employees are happy." Kim also feels that both Time Warner and Google can make great advances with this merger. "I think that this [merger] will be a major catalyst in other companies doing the same thing," Kim said.
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