What kind of financial return should a company expect when it globalizes its website? If it translates the e-commerce pages, will more people buy? Or is English enough for the still English-saturated web? Some new research answers these questions.

Bloomberg reported that "Veritas Capital, the second-largest private equity firm targeting U.S. defense contracts, is seeking $4.6 billion in Army translation business in Iraq, giving L-3 Communications Holdings Inc. its first competition for the work."