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These spellbindingly inane blogs were built with the kind of user-generated content that has made Facebook and YouTube tremendously popular. But unlike these bigger sites, Huh's company has been in the black since its first quarter. Pet Holdings managed to haul in seven figures from advertising, licensing fees and merchandise sales during the first six months of this year, according to a report given to Huh's investors. His advertising model is low rent; 30% of ads go for premium prices of up to $8 per 1,000 page views. The rest can sell for as little...

Author: /time Magazine | Title: Building a Media Empire Around I Can Has Cheezburger | 8/24/2009 | See Source »

This may explain why participants in one of Strayer's simulator studies were faster to brake and caused fewer crashes when they had a .08% blood-alcohol content than while sober and talking on a cell phone...

Author: /time Magazine | Title: Distracted Driving: Should Talking, Texting Be Banned? | 8/24/2009 | See Source »

...competing encyclopedia, Citizendium, with more rigorous contribution criteria. While a 2005 study by Nature found that Wikipedia's science entries came close to matching the Encyclopaedia Britannica's in terms of accuracy - with 2.92 mistakes per article for Britannica and 3.86 for Wikipedia - no one argues that Wikipedia's content is flawless. Critics say the writing is clunky or prone to bias and that the authors focus on pet projects. Indeed, the site's list of Star Wars creatures totals more than 15,000 words, while the entire entry on World War II has just...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...When Nupedia was created in 2000, the plan was for it to feature expert-written, peer-reviewed content. But it suffered from a major problem: a lack of speed. In its first six months, only two articles made it through the process. To spur better production, Sanger suggested creating a counterpart that anyone could contribute to without editorial review. Wikipedia.com went live on Jan. 15, 2001, and the new model quickly eclipsed its older sibling. By the end of the first year, Wikipedia contained more than 20,000 articles in 18 languages. Since then, the site has grown rapidly, swelling...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...reckon with a slew of problems. Among them were vandalism and the lack of a fixed formula for determining what should and shouldn't be included in an encyclopedia unconstrained by physical limitations. The emerging community included a volunteer army of editors, who helped to keep the content aligned with Wikipedia's rules, the first version of which Sanger created in 2002. As the project grew, vandalization and dilution of the encyclopedia's content became more difficult to address. The site's software keeps a log of every modification to every page, and this tracking system has been used...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

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