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Mark Davies, Betfair's international-marketing director, acknowledges the firm is caught in a bind, especially in the all-important U.S. market. And outside shareholders, including venture-capital firms Benchmark and Index Ventures, are growing impatient. But for the moment, the firm is betting that virtue will bring its own reward--in Australia if not in the U.S. Last month the government of the Australian island of Tasmania said it will allow online-betting exchanges, opening the door for Betfair to a huge market that it had resisted tapping illegally...

Author: /time Magazine | Title: Investing: Good Sports | 11/20/2005 | See Source »

...Harvard nanoengineers may have more immediate applications. In an article in the October issue of Nature: Biotechnology, Lieber published a paper explaining how nanowires can be used to help diagnose cancer. Lieber’s idea was to attach each of the wires to numerous antibodies. When the antibodies bind to enzymes known to be associated with cancer, their conductivity changes. A patient’s diagnosis is obtained by measuring the electric current across the grid. According to Lieber, these nanowire devices have numerous advantages over current techniques for diagnosing cancer: they are cheap to produce, can test...

Author: By Alexander J. Dubbs, CONTRIBUTING WRITER | Title: Research Assists Cancer Tests | 11/10/2005 | See Source »

...Saleh, suspected of being the leader of a 10-person bombmaking cell. Fox Company hits two "dry" houses before they find Saleh, a burly, bearded man in a grimy dishdasha. "I am a teacher! I am a teacher!" he protests as the Marines march him out into the courtyard, bind his hands with plastic ties and blindfold him. The Marines order his four young sons to kneel and face the wall as punishment for cracking wise when the troops entered the house. As Saleh is bundled into a waiting truck and taken to a detention facility, Lance Corporal John Hammar...

Author: /time Magazine | Title: Looking Out on Hostile Territory | 11/6/2005 | See Source »

...infectious enthusiasm, galvanizing a nostalgic time warp back to the days of awkward dances and acne. Although the strumming guitars and booming drums drowned out lead singer Susan I. Putnins ’08, the crowd did not seem to mind or notice. Frankly, real-life Third Eye Bind lead singer Stephen Jenkins is habitually so sloshed in concerts that this band’s cover may have done more justice to “Jumper...

Author: By Jessica C. Coggins, CONTRIBUTING WRITER | Title: Student Bands ‘Masquerock’ | 10/31/2005 | See Source »

...board, and skiers are reluctant to relinquish any flexibility. Enter snowboard-loving British inventors Richard Palmer and Phil Green, both 39, and their new material, d3o, which can perform a few high-speed tricks of its own. d3o's molecules flow as an athlete moves, but on impact they bind together instantaneously to absorb shock, then unlock to become soft and elastic once again. "It's a protective system that changes shape with you, so it doesn't restrict you at all and by stiffening spreads the load and reduces tendency to bruising," says Green, a materials scientist...

Author: /time Magazine | Title: Fast-Reacting Fabric: Going with the Flow | 10/30/2005 | See Source »

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