Word: caved
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...went through this long, hard fight because we felt a principle was at stake," said TIME Managing Editor Ray Cave outside the courthouse. "The principle was, if you think your story is right, then you better defend it. We are pleased with the verdict." Sharon, on the other hand, insisted that he had been vindicated in his $50 million libel suit against TIME. "I came here to prove that TIME magazine lied," he said. "We managed to prove there was a clear defamation. We came over here to prove that they have done it with negligence and with carelessness. Altogether...
...This was a meticulous jury, which examined the evidence that it had," said TIME's Cave. "Our problem is that we don't think they would have come to these conclusions if testimony that should have been before them had been before them. Nevertheless, we regret we gave the jury any reason to find TIME negligent or careless. There was without question one error in the story...
Outside the courtroom in lower Manhattan, a smiling Sharon told reporters, "I am pleased that we won on this point." His attorney, Milton Gould, added, "I'm glad we're not going to get beaten on etymology." Moments later TIME Managing Editor Ray Cave said he felt that the jurors had "misread" the disputed paragraph and insisted once again that the passage in no way accused Sharon of responsibility for the massacre. The passage simply echoed the findings of the Kahan report, Cave said. He defended the magazine's use of confidential sources in seeking information about the events leading...
...What has been proved by now is that TIME magazine lied," said Sharon after the jury announced on Friday that it found the disputed paragraph false. He called the decision "a clear moral victory." But Cave told reporters that TIME still believed its story to be substantially true. "No one has come forward and said that story was false, but one," he said. "We were forbidden to bring in our own witnesses in this case. We were forbidden access to the testimony that we were confident, confident, would prove that what that paragraph said was correct." After deciding the falsity...
...nearly 34 years after Luce decided his magazine needed color, TIME is taking the ultimate step: it will be essentially an all-color magazine--the only such newsmagazine. Says Managing Editor Ray Cave: "As technology has made color illustration economically feasible, we have maintained a firm commitment to moving toward a four-color magazine. Now, except when there are no satisfactory color pictures of a news event or deadlines that cannot be met, we will illustrate virtually all of the magazine in color...