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Few have wanted to pay the cost of searching for oil or gas in the region, or risk drilling wells in volatile countries such as Uganda, Mozambique or Somalia. But better technology, lower risk in some of the countries and higher oil prices in recent years have changed the equation...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

Much of East Africa's hopes are focused on a fault line running from Somalia to Madagascar known as the Davie Fracture Zone. It's there that Bertagne's analysis - using Cold War-era sea-floor mapping originally intended for use by Soviet submarines - has prompted speculation about oil deposits...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

Though Bloomberg is betting that fantasy nerds gearing up for their drafts, and wasting time at work, over the next few weeks will drive business, the company is also offering an advanced product to the Major League Baseball clubs. For example, the pro tool provides detailed pitching data to the...

Author: /time Magazine | Title: Bloomberg's Financial Tools, Now for Baseball Geeks | 3/10/2010 | See Source »

Sendek is the brains behind a burgeoning Internet effort to make hella- an officially recognized scientific-unit prefix, representing the magnitude of 1.0x1027, expressed by the number 1,000,000,000,000,000,000,000,000,000. What started as a joke between a few of Sendek's friends...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

For Sorenson, it's all about the willingness of Americans to pay a little more. "The first day we opened [in 1999], we weren't in the position to pay what we do for a pound of coffee. But within a few years, people tasting our coffee experienced it as...

Author: /time Magazine | Title: Is Stumptown the New Starbucks — or Better? | 3/9/2010 | See Source »

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