Now it has handled the biggest offering in history, selected over some far more famous and established firms including Bank of America and Goldman Sachs.

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Research work by Mr Metcalfe and his co-worker established that they could swap far more data far faster than over the Hawaiian network.

BBC: Original Ethernet diagram, 3Com

Although Slovenia is one of the smallest among the recent wave of EU entrants, it is also the closest by far to the standards of living enjoyed in the more established EU members a status that was implicitly recognised when it joined the euro zone at the beginning of 2007.

ECONOMIST: Will more of eastern Europe adopt flat-rate tax regimes?

Yet far more significant is the effect the Internet will have on established companies.

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The dispute settlement mechanism recently established at the WTO should be given far more power to resolve conflicts.

CNN: ASHIMOTO RYUTARO IS THE TOUGH GUY OF JAPANESE TRADE TALKS.

While she made it her unofficial mission to bring attention to relatively unknown designers, she also injected her sartorial outings with more established designers, although these were few and far between.

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An old-established two-party system is giving way to a far more polarising class divide.

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The region may not be far away from a potentially harmful bout of tax competition, which would no doubt attract the ire of more established EU members such as Germany and France.

ECONOMIST: Will more of eastern Europe adopt flat-rate tax regimes?