Jan 02 2009
Mexican tycoon: NY Times deal good business move (AP via Yahoo! News)
More info…
Mexican billionaire Carlos Slim is calling his $250 million investment in The New York Times a keen business move and not a foray into journalism.
Genworth sells Mexican insurance business (AP via Yahoo! Finance)
Genworth Financial said Thursday it has agreed to sell its Mexican insurance business, Genworth Seguros Mexico SA de CV, to HDI-Gerling International Holding AG for an undisclosed sum.
Web money
There are many different ways to earn money. With the evolution of money, there evolved a number of ways to earn it as well. You can earn money through your regular white collar jobs, which is a name given to the office jobs which require an application of the brain rather than physical labor. Then there are those jobs in which you have to strain yourself. These jobs, the non white color jobs, are called menial jobs and are often unskilled in nature. You can also earn money through your own business. Your profession is also another way of earning a professional fee income. All in all, with the evolution of money, the ways of earning I have undergone a sea change too. The type of money that you can earn can also be classified in different types. For example, money earned through legal means is called white money. That earned through illegal means is known as black money. You also have liquid money, which is a name given to hard cash in hand. Then there is plastic money, which is just a fancy name given to the credit cards in use by different people. Thus money and its forms have been evolving over the period. One such product of such evolution is the concept of web money. Web money as the name suggests, is money earned on the web. It is another name given to the money that is earned through doing business on various websites and other forms of earning money. Web money is often earned by webmasters and website owners. It is just another source for some and the only source of income for others. All in all, web money is a relatively new concept which is catching on real fast. Web money also has a different definition. Web money is money in electronic form which is a denomination given to the currencies that are in use on particular websites. Different sites run different promotion packages. As a part of such packages, these websites often lay out a certain form of electronic currency which can be used on the site only. Often this currency is also known as web money. There are other forms of web money too. There are reward programs being run by these websites. This is just another form of web money. Then we also have a choice of money which is earned through and on the websites. All these combined constitute web money.
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