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...start-ups will have emerged better from the dotcom meltdown than Betfair. Launched in 2000 by Britons Andrew "Bert" Black and Edward Wray, the London-based online betting exchange has since grown into the world's largest. Rather than play house, Betfair matches bettors with odds offered by other users, its whizzy technology handling some 300 wagers a second. The small cut the firm takes from the bettors' winnings these days adds up to big profits: Betfair pocketed $39 million in net earnings last year. And in refusing wagers from the U.S. - where online gambling is outlawed - Betfair has dodged...

Author: /time Magazine | Title: Betting on a Market | 4/21/2008 | See Source »

Indeed, the modern animal protection movement began with Christian reformers in 19th century England. After attacking the abuses of slavery and child labor, reformers like William Wilberforce, Cardinal Henry Edward Manning, and Anglican Priest Arthur Broome turned their efforts to man’s sins against animals, co-founding the SPCA in 1824. In part, they were responding to the concerns of John Wesley, the founder of Methodism, who had found “a plausible objection against the justice of God, in suffering numberless creatures that had never sinned to be so severely punished...

Author: By Lewis E. Bollard | Title: A Papal Mercy | 4/17/2008 | See Source »

...even then I thought that that was hilarious… I guess I just see life funny.” In high school, Segel was a state championship basketball player with a slight interest in theater. He acted in his first play after stumbling upon the manuscript of Edward Albee’s “The Zoo Story” during a particularly boring art history class. He was intrigued by the part of Jerry, with its challenging 20-page monologue. The play would end up launching his career—Judd Apatow was sitting in the audience. After...

Author: By Ross S. Weinstein, CONTRIBUTING WRITER | Title: Segel Lets It All Hang Out | 4/17/2008 | See Source »

...home of the most celebrated news division in broadcasting,” may potentially outsource its investigative reporting to fellow media giant CNN. This move would be a death knell to the great tradition of reporting which has led to such famous figures such as Walter Cronkite and Edward Murrow. What’s more, it is representative of an unfortunate decline in investigative reporting across all news outlets...

Author: By The Crimson Staff | Title: Good Night, And Good Luck | 4/10/2008 | See Source »

Balance is essential to the Divan orchestra and to Barenboim himself. Music is at its most satisfying when an expression meets its counterpoint. Barenboim says the 2003 death from cancer of Palestinian intellectual Edward Said--Barenboim's friend and co-leader of the orchestra--was "catastrophic" for an orchestra based on Arab-Israeli parity. In January of this year, Barenboim made a symbolic gesture: he accepted Palestinian citizenship and became a dual national...

Author: /time Magazine | Title: Daniel Barenboim | 4/3/2008 | See Source »

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