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...problem so far with the pay-per-song model from a business perspective is profits--or the lack thereof. With as much as 70% of each sale going to the record label and the rest eaten up by surprisingly high costs for things like infrastructure and credit-card fees, sales volume must but doesn't yet compensate. "It's not a way to make a lot of money," acknowledges Jobs. No, it's a way to help sell iPods. Apple says sales of the music-storing, high-profit-margin palm-size gadgets almost quadrupled between the quarters before and after...

Author: /time Magazine | Title: How to Go Legit | 9/22/2003 | See Source »

...revolver he had bought for $15 from a school friend two days earlier. Farley, like Sims, was an Eagle Scout, but now, wearing his gun in a shoulder holster, he looked more like an enforcer wannabe amid the anti-integration rally's crowd of 2,000 whites. To his credit, Griswold denounced the church attack and spoke against violence. But moments later, a youth strung up an effigy of Bobby Kennedy, and the crowd burned...

Author: /time Magazine | Title: The Legacy Of Virgil Ware | 9/22/2003 | See Source »

...that's precisely what freaks privacy advocates like Katherine Albrecht, founder of New Hampshire--based CASPIAN (Consumers Against Supermarket Privacy Invasion and Numbering). In Albrecht's nightmare, her grocer scans her credit card--at the bottom of her purse--and tracks her around the store recording her selections. Police come knocking after tracing an RFID-tagged soda can found at a crime scene to her credit card. While RFID certainly has the potential to be the most invasive consumer technology ever, supporters--consumers themselves, after all--are working on safeguards, such as "kill codes" for tags after checkout. "Privacy mavens...

Author: /time Magazine | Title: The See-It-All Chip | 9/22/2003 | See Source »

...system quicker than men--something Amex learned to its surprise in focus groups. "It sure would be easier than fumbling around in my purse," says Tracey Serenka, who had her two sons--Eric, 1, and Jason, 4--in tow at a Carl's Jr. recently. Another advantage over a credit card: there is no name or signature on the fob, and the account number differs from that on the user's regular card, reducing chances that crooks can steal from the account. If the fob is stolen or lost, American Express eats the liability...

Author: /time Magazine | Title: The See-It-All Chip | 9/22/2003 | See Source »

...some headaches in the future. It certainly might have helped a certain actress caught shoplifting in Beverly Hills, he says. "If only Winona Ryder had waited a couple of years, floor sensors would have detected her purchases as she headed out the door, and just charged her credit card." --With reporting by Steve Barnes/Little Rock, Dan Cray/Los Angeles, Chaim Estulin/Hong Kong, Jeff Israely/Rome, Nadia Mustafa/New York, David Schwartz/Phoenix and Nathan Thornburgh/Boston

Author: /time Magazine | Title: The See-It-All Chip | 9/22/2003 | See Source »

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