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...Greenberg and Starr say that AIG should not be believed when it says it is pursuing the lawsuit on behalf of shareholders or taxpayers. In a recent e-mail to a blogger, a Starr spokesperson wrote, "By its own admission, AIG is prosecuting these claims for only one purpose: To add hundreds of millions of dollars to a bonus pool available to AIG's top 700 executives...

Author: /time Magazine | Title: AIG vs. Hank Greenberg: Who's More Deserving? | 6/15/2009 | See Source »

...next few days, I heard a dozen or so complaints from people that Tagged had spammed their entire contact list. One quick sweep of the blogosphere reveals a multitude of Tagged victims, dating back to 2007. But the scam is red-hot now. "Don't Get Tagged!" one blogger warned on June 6. "Spread the word: Tagged stinks!" shouted a Facebook friend the same day. The Better Business Bureau's grade for Tagged: a big fat F. Yes, I blame myself for being gullible. But the site was confusing and dishonest. And it's nice to know...

Author: /time Magazine | Title: Tagged: The World's Most Annoying Website | 6/11/2009 | See Source »

...Some observers wondered whether money, and not morality, might be motivating the government, which for years has tried to support the growth of China's indigenous software industry. A prominent blogger who calls himself Imagethief wrote that he "detects the whiff of a sweetheart deal. Certainly the company that produced the software, Jinhui Computer System Engineering Company, will cash a nice check from the government, which will apparently underwrite the inclusion of the program." Jinhui Computer System Engineering, a private company based in Henan Province, currently offers the Green Dam Youth Escort software to the public as a free download...

Author: /time Magazine | Title: China Netizens Angry Over Web Porn Crackdown | 6/10/2009 | See Source »

...spent more than $70,000 on a single bottle of Dalmore 62 Single Highland Malt Scotch Whisky - one of 12 bottles in the world - and then proceeded to consume it, in one sitting, with a few friends and an English bartender. It was this very story that inspired food blogger Kate Hopkins to trek across the globe, from a 200-year-old distillery in Scotland to Maker's Mark House and Lounge in Kentucky, for her first book, 99 Drams of Whiskey. TIME spoke with Hopkins about different brands' personality types (for the record, Bushmills White Label is "the Julia...

Author: /time Magazine | Title: Whiskey: A Travelogue | 6/9/2009 | See Source »

...what actually happened to American innovation during that period? We came up with America Online, Netscape, Amazon, Google, Blogger, Wikipedia, Craigslist, TiVo, Netflix, eBay, the iPod and iPhone, Xbox, Facebook and Twitter itself. Sure, we didn't build the Prius or the Wii, but if you measure global innovation in terms of actual lifestyle-changing hit products and not just grad students, the U.S. has been lapping the field for the past 20 years...

Author: /time Magazine | Title: How Twitter Will Change the Way We Live | 6/5/2009 | See Source »

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