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...artifacts typical of early human sites dating back about 35,000 years. It was sent to the Max Planck Institute for Evolutionary Anthropology in Leipzig, Germany, for routine genetic analysis. When the results came back, Johannes Krause, a researcher at the institute, called his colleague Svante Pääbo on his cell phone. "You'd better sit down," he said. "The finger is not human." (See TIME's photo-essay "The Secrets of London's Buried Bones...

Author: /time Magazine | Title: Scientists Discover an Ancient Human Relative | 3/24/2010 | See Source »

Krause and Pääbo's analysis, published online on Wednesday by the journal Nature, is the first to identify a novel hominin based on genetic analysis alone - without fossilized remains to offer anatomical reference. But the researchers stop short of declaring the human-like creature a brand-new species. Instead of giving it a Latin name, they refer to the creature publicly as "the Denisova hominin" and in internal e-mails and discussions simply as "X." But privately, scientists at Max Planck - a world leader in the painstaking process of separating genomes from other DNA (of viruses...

Author: /time Magazine | Title: Scientists Discover an Ancient Human Relative | 3/24/2010 | See Source »

...speculate that we may discover that it is an oversimplification to talk about particular exodus events from Africa," says Pääbo. "There might have instead been a continuous gene flow and migration...

Author: /time Magazine | Title: Scientists Discover an Ancient Human Relative | 3/24/2010 | See Source »

...bo says that because the Denisova hominin is assumed to be human, it's possible that there are many other unknown hominin fossils waiting to be discovered. He says paleontologists will continue to scour for remnants in Siberia and other northern regions, where cold weather helps preserve ancient DNA. Most early hominin fossils are from equatorial and tropical regions, where conditions for DNA survival are poor (indeed, although fossil records suggest a distinct hominin species, Homo floresiensis, co-existed with humans in Indonesia, genetic confirmation has proved elusive). (See the top 10 animal stories...

Author: /time Magazine | Title: Scientists Discover an Ancient Human Relative | 3/24/2010 | See Source »

...couple of years ago, a business-development guy at Bloomberg named Bo Moon was getting crushed in his fantasy-basketball league. So while commuting from New Jersey into Bloomberg's Manhattan offices, Moon and a car-pool colleague, Jay B. Lee, started wondering what would happen if the company applied its core expertise, the supply of real-time financial analytics to Wall Street traders, to sports statistics. (And while spending hours stuck in New York City-area rush-hour traffic, they had plenty of time to ponder.) After all, in many ways fantasy teams are similar to stock portfolios, with...

Author: /time Magazine | Title: Bloomberg's Financial Tools, Now for Baseball Geeks | 3/10/2010 | See Source »

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