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...rumors that China's government was planning a crackdown on stock speculation, including a possible tax on capital gains. Over the past 18 months, Chen's small portfolio had almost doubled in value as the Shanghai market shot straight up. So she decided to pull the plug, suddenly afraid it would all go sour. "I sold everything just before the holiday," she says, and was blithely unaware that the Shanghai stock index plunged 8.8% on Feb. 27, its biggest one-day drop in a decade...

Author: /time Magazine | Title: Fear Factor | 3/1/2007 | See Source »

Whether entrepreneurs or rebels, they're certainly not idle rich, though Friis confesses he has started eating at nicer restaurants, ordering good bottles of wine and traveling business class instead of economy. And the Joost team isn't afraid to let loose. Friis admits the gang got "fairly intoxicated" celebrating the long-awaited release of their test software just before Christmas. Now, as they polish their software for its summer debut, the founders say they're juiced up about opening Joost to the world. From time to time, the billion-dollar question tugs at Friis. "I do ask myself sometimes...

Author: /time Magazine | Title: 50,000 TV Channels! The Skype Guys Strike Again | 3/1/2007 | See Source »

...have been published, three of which have been made into films—he is enthusiastic about what he does, and happy to let anyone with the slightest inclination know the thoughts in his head. According to Graymsith, Gyllenhaal, though riveted by the script, hesitated to take the role, afraid to open a Pandora’s Box and reveal the psyche of a man so in vested in a killer. However, after meeting with Graysmith to better understand the character he might portray, Gyllenhaal accepted the role. “Jake reached in,” notes Graysmith, recalling...

Author: By Jessica O. Matthews, CONTRIBUTING WRITER | Title: ‘Zodiac’ Author Reveals True Story Behind Film | 3/1/2007 | See Source »

...rumors that China's government was planning a crackdown on stock speculation, including a possible tax on capital gains. Over the past 18 months, Chen's small portfolio had almost doubled in value as the Shanghai market shot straight up. So she decided to pull the plug, suddenly afraid it would all go wrong. "I sold everything just before the holiday," she says, and was blithely unaware that the Shanghai stock index plunged 8.8% on Feb. 27, its biggest one-day drop in a decade...

Author: /time Magazine | Title: Behind China's Stock Meltdown | 2/28/2007 | See Source »

...negotiating room, through months of wrangling over the law, was starkly different. At least one person who sat through the talks said he was amazed to find that U.S. officials and diplomats appeared to lie low, perhaps because they were overwhelmed by fighting the war. "The U.S. was so afraid to be seen to be meddling in Iraq's oil that they took a backseat," says Jonathan Morrow, legal adviser to the Kurdistan Regional Government and a former senior legal adviser to the U.S. Institute of Peace in Washington. Rather than simply satisfying oil companies, the new law "offers...

Author: /time Magazine | Title: Troubles for the Iraq Oil Deal | 2/28/2007 | See Source »

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