Fight for the Top of the World

At the end of August, a wisp of flame suddenly appeared in the Arctic twilight over the Barents Sea, bathing the low clouds over the Norwegian port of Hammerfest in a spectral orange glow. With a tremendous roar, the flame bloomed over the windswept ocean and craggy gray rocks, competing for an instant with the Arctic summer’s never-setting sun. The first flare-off of natural gas from the Snohvit gas field, some 90 miles offshore, was a beacon of promise: After 25 years of false starts, planning and construction, the first Arctic industrial oil-and-gas operation outside of Alaska was up and running.

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Cheney: No link between Saddam Hussein, 9/11

Former Vice President Dick Cheney said Monday that he does not believe Saddam Hussein was involved in the planning or execution of the September 11, 2001, attacks. He strongly defended the Bush administration’s decision to invade Iraq, however, arguing that Hussein’s previous support for known terrorists was a serious danger after 9/11

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10 Ways Twitter Will Change American Business

Microblogging platform Twitter has 32 million users, an increase from about 2 million a year ago, according to research mentioned in the Wall Street Journal. Some Internet measurement services show that figure increasing 50% to 100% month over month.

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Facebook Takes a Dive: Why Social Networks Are Bad Businesses

The business of having online sites with content created by amateurs to be viewed by other amateurs never had a reasonable chance of making money. The fact that at one point Facebook had a $15 billion valuation, that Rupert Murdoch’s News Corp bought MySpace, and that Google bought YouTube only proves the “greater fool” theory. YouTube was started in 2005 and MySpace in 2003

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