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Still, Imeem escaped Napster's fate and went on to make online music history in December 2007, when it became the first site to stream free music legally from all four major labels. (Indie music abounds on the site as well...

Author: /time Magazine | Title: MySpace Music: Not the Only Free-Music Game in Town | 9/29/2008 | See Source »

...starving i-bankers? This seems like adding insult to injury. It was fine for us artists to starve—it was our comeuppance for preferring creative writing to econometrics. Surely our future-minded friends who slaved away on demand curves do not deserve to suffer the same fate. Yet as the economy crumbles, it seems terrifyingly more and more likely that we will all be in the same boat...

Author: By Alexandra A. Petri | Title: Follow Your Dreams! | 9/29/2008 | See Source »

...fate of the $700 billion financial bailout bill is in limbo, following today's surprising and dramatic defeat of the delicately negotiated plan in the House, by a 228-205 vote. With the Dow Jones Industrial Average plummeting (it declined by more than 700 points), President Bush and congressional leaders vowed to bring the package back for another vote as soon as possible - probably later this week - but it was far from clear what they could do to make it any more palatable...

Author: /time Magazine | Title: Bailout Defeated, Blame Flies, Wall Street Tanks | 9/29/2008 | See Source »

Campus legend holds that the original $3.5 million Widener bequest came with two notable conditions. First, not a brick may be moved or altered on the façade of the Harry Elkins Widener Memorial Library. And secondly, so the fate of Harry Widener class of 1907—who drowned when the Titanic sank in 1912—would never befall another Harvard graduate, every student would have to pass a swim test...

Author: By Christopher B. Lacaria | Title: A Gentleman’s Education | 9/28/2008 | See Source »

...With the fate of the bailout bill in peril, it's not clear whether the presence of the presidential candidates is doing more damage than good. Members of both parties emerged from that meeting accusing each other of playing politics with the crucial legislation. Both sides to some degree are right. Less than 40 days from the presidential election, this crisis has been anything but the shining moment where candidates transcend politics and come together for the good of the country - as McCain suggested it should be when he suspended his campaign and asked to postpone Friday's debate until...

Author: /time Magazine | Title: Who's to Blame for the Bailout Deal's Stumble? | 9/26/2008 | See Source »

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