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...Although China has threatened military action if reunification can't be achieved peacefully on its terms, it currently lacks the military capability to mount a successful invasion of Taiwan - and going to war could seriously jeopardize its already precarious economy. "Chen may be trying to call Beijing?s bluff at a time when the military and economic risks make it impractical for China to respond with force," says Dowell. Nonetheless, domestic political concerns leave Beijing unable to tolerate any formalization of Taiwan's de facto independence, which is why the Chinese military has been steadily expanding its naval...

Author: /time Magazine | Title: Taiwan and China Now on a Collision Course | 3/20/2000 | See Source »

...appears Microsoft is calling the government's bluff. Last fall, when District Judge Thomas Penfield Jackson took the unusual tack of splitting Microsoft's antitrust trial in half, he gave Bill Gates et al. a chance to hammer out a deal with the Justice Department. But the fact that the second half of the trial commenced on Tuesday after four months of mediation hearings indicates that Microsoft doesn't want to play ball. And Jackson, who's expected to deliver a verdict in the case in about six weeks, seemed intent on letting Microsoft know that if it locks horns...

Author: /time Magazine | Title: Microsoft Looks to Have Nixed a Deal | 2/22/2000 | See Source »

Calling his bluff, eUniverse declined to pay and instead contacted the FBI. Maxus, it turned out, wasn't kidding: on Christmas Day, the so-called Maxus Credit Cards Datapipe went into service, offering Web surfers thousands of free, pilfered card numbers at the click of a mouse. It was only last week that a Web-security company alerted eUniverse to the existence of the site, which was quickly shut down. By then, though, 25,000 credit-card numbers had been given away. "Of the card numbers the FBI pulled off the site," says eUniverse vice president Brett Brewer, "a majority...

Author: /time Magazine | Title: Extortion on the Internet | 1/24/2000 | See Source »

...defenders cite the session as a prime example of FBI intimidation tactics aimed at forcing a confession out of Lee because agents were desperate to "solve" the nuclear-secrets theft case. Government sources insist it is common--and legal--for agents to bluff while trying to shake a subject's story...

Author: /time Magazine | Title: Federal Excess | 1/17/2000 | See Source »

...ourselves for getting so close in the first place. Developed countries such as Italy spent far less than the U.S., and they did just fine. An Italian newspaper printed the apt headline, "The Bug Was a Dud; the Great Fear is Over; But Some Accuse: It Was a Bluff to Make Money...

Author: By The CRIMSON Staff, | Title: Lauding the Y2K Hype | 1/12/2000 | See Source »

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