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...options over time is pretty unique to these guys." SmithBayes put its own software to use when it picked a subscription-based business model, instead of licensing the technology or setting up a consultancy. Most clients start with an initial yearly package costing around $200,000. That's not cheap, but Williams calls it good value considering it helps clients place strategic bets worth millions. Sectors constantly affected by uncertainty and flux may find it most useful: think telecoms, oil companies, traders, insurers and betting companies. Firms that toil in steady environments may be less interested but, as Williams points...

Author: /time Magazine | Title: Rapid Response | 10/1/2006 | See Source »

...daily briefings to the President. But Nicholas Negroponte, 62, is trying to reach a far more challenging audience: the world's poorest children. The co-founder of M.I.T.'s Media Lab and former Wired columnist took a leave from academia last year to build a computer - a laptop so cheap that developing countries could buy them by the millions to help their kids leapfrog into the 21st century. It's an ambitious project, but the charismatic Negroponte has a persuasive pitch and a knack for fund raising. With the support of the U.N., his so-called $100 laptop quickly found...

Author: /time Magazine | Title: Cool Tools For The Third World | 10/1/2006 | See Source »

...treats Abramoff like her own personal Ticketmaster, frequently asking him if he has tickets to games and leaving the impression in some messages that she occasionally didn't pay for them. White House officials are banned from taking gifts of more than $20, which would barely get you a cheap seat at any of these events, let alone a luxury box seat. Other Rove aides were shown to be in e-mail contact with lobbyists on Abramoff's staff, and Rove himself e-mailed Abramoff a few days before the 2000 elections, responding to a message from Abramoff noting that...

Author: /time Magazine | Title: Too Close for Comfort with Abramoff | 9/29/2006 | See Source »

...Once the commercial guys like Branson or UP Aerospace perfect a reliable, low-cost spacecraft, the space frontier becomes officially open for business to pursue what until recently seemed impossible: Snag an asteroid into low-earth orbit to mine its minerals. Launch solar satellites to beam down all the cheap power we can use. Build space hotels for family tourism. "Whether it means flying a rocket to an inflatable hotel in low-earth orbit, these are far-fetched, fantasy things that are out there but suddenly become a little more real when you have private entrepreneurs trying to figure...

Author: /time Magazine | Title: Coming to a Spaceport Near You | 9/27/2006 | See Source »

Minaya isn't just a checkbook GM. He has clearly added value, following what he calls his "Montreal model": look for cheap players no one else will touch. Based on last year's stats, second baseman José Valentin and outfielder Endy Chavez should be in the bush leagues. But Minaya trusted his scouts, and each player has delivered. Valentin hit two homers in the division-clinching win over Florida...

Author: /time Magazine | Title: How the Mets Got Red Hot | 9/25/2006 | See Source »

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