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...read to succeed, however, media companies will need a trustworthy, easy-to-use payment platform. Common online payment methods like credit cards aren't feasible because processing fees can exceed the value of such tiny transactions. In the gaming world, the typical micropayment system allows consumers to transfer money (usually via credit or debit cards) into electronic accounts, or e-wallets, where hard cash is converted into digital currency for online purchases. There are already several companies providing micropayment services to gaming websites; Santa Clara, Calif. - based PlaySpan offers its service in 80 countries. Micropayments are also migrating to mobile...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...less than the cost of your average hardcover book. "In the digital-books world, a number of the costs are removed, so we believe they should be priced lower," says Russell Grandinetti, vice president of books for Amazon. "Our approach to digital books is that we will allow that to continue...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

Over the centuries, the Church tried to split the difference, prohibiting marriage after ordination and encouraging married priests to abstain from sex with their wives after they had joined the priesthood. (The Eastern Orthodox CHurch continues to allow married men to be ordained as priests.) But it wasn't until the Second Lateran Council in 1139 that a firm church law allowing ordination only of unmarried men was adopted. Journalist and former priest James Carroll contends in Practicing Catholic that the reasons for this celibacy requirement were not purely theological. "Celibacy had been imposed on priests mainly for the most...

Author: /time Magazine | Title: Sex and the Priestly: Father Cutie Renews Celibacy Debate | 6/21/2009 | See Source »

...access to articles they write. This move at GSE follows similar policies already approved by the Faculty of Arts and Sciences, the Law School, the Kennedy School, and a smattering of peer universities including MIT and the Stanford School of Education. According to John W. Collins III, GSE Librarian, allowing open access is universally beneficial. He said it will improve the quality of education worldwide, circulate faculty members’ works, and facilitate scholarly dialogue. He added that the decision has received a positive response from students and people outside the University. Professor Stuart M. Shieber, faculty director...

Author: By Niha S Jain, CRIMSON STAFF WRITER | Title: Ed School Faculty Endorse Open Access | 6/20/2009 | See Source »

...outcome of last Friday's disputed presidential election. He insisted there had been no fraud in the result, describing President Mahmoud Ahmadinejad's election win as "definitive." He added that the "Islamic establishment would never manipulate votes and commit treason. The legal structure in this country does not allow vote-rigging. If the difference was 100,000 or 500,000 or 1 million, well, one may say fraud could have happened. But how can one rig 11 million votes?" For Khamenei, the election was proof positive that democracy in Iran was there for the world to see because...

Author: /time Magazine | Title: Iran's Supreme Leader: Ahmadinejad Won the Election | 6/19/2009 | See Source »

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