Napster, hatched by a teenager, signals a new era of peer-to-peer computing--a Net that functions just fine without big expensive servers.

FORBES: Digital Rules

Two Dutch-listed vehicles run by Kohlberg Kravis Roberts and by Apollo, which have high exposures to boom-era deals, have both reported drops of about a quarter in their net assets.

ECONOMIST: The hollow bullishness of buy-out firms�� bosses