Thursday, September 25, 2008

Google Offers $10million Prize Fund for Ideas that will Change the World

This week, as part of their tenth birthday celebrations, Google has announced the launch of project 10^100 (ten with 100 zeroes), an innovative scheme designed to inspire and fund the development of ideas that will help to change the world.

The internet mogul has called on members of the public to share their ideas for solutions that will help as many people as possible in the global community, offering a $10 million prize pool to back the development of those chosen as winners.

Here is a little video you can watch

To learn more about the project, visit this URL:

Monday, September 22, 2008

The Street Suffers But Microsoft Increases Dividend And Announces Share Repurchase Program

$40 billion authorized for share repurchase; Dividend increased 18 percent

Microsoft Corp. today announced that its board of directors approved a new share repurchase program authorizing up to an additional $40 billion in share repurchases with an expiration of September 30, 2013.
The board of directors also declared a quarterly dividend of $0.13 per share, reflecting a two cent or 18 percent increase over the previous quarter’s dividend. The dividend is payable December 11, 2008 to shareholders of record on November 20, 2008. The ex-dividend date will be November 18, 2008.
In addition, the company stated that it has completed its previous $40 billion stock repurchase program. Microsoft has returned over $115 billion to shareholders through a combination of share repurchases and dividends over the last five years.

At least one company doesn't seem to suffering like AIG, Merryl Lynch, Lehman Brothers and others.

Got to go, have to buy some gold and platinum bars :-)