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...decade ago, just about no one in the U.S. sent these messages, known as Short Message Service (SMS) texts. This year, we will zing out 1.2 trillion of them, predicts market-intelligence firm...

Author: /time Magazine | Title: Guess What Texting Costs Your Wireless Provider? | 9/10/2009 | See Source »

...viewing experience. "If you're watching at home and you see a lot of empty seats, you're going to start wondering to yourself, What's wrong with me? Why am I watching this when people aren't showing up?" says Neal Pilson, founder of Pilson Communications, a consulting firm, and the former president of CBS Sports...

Author: /time Magazine | Title: With Fewer Sellouts, NFL's Blackout Rule Under Fire | 9/10/2009 | See Source »

...sure, O'Leary is not the only famous investor who has struggled to stay above water in the market recently. But O'Leary's Global Equity Income Fund has sunk more than most. The average stock fund is down 12% in the past year, according to research firm Morningstar. Compared with other equity-income-fund managers, O'Leary has done even worse. Those funds, generally considered to be safer investments, on average have fallen 10%, or less than half the plunge of O'Leary's fund. And O'Leary is not doing any better since the market turned...

Author: /time Magazine | Title: TV's Shark Tank Guru: In Real Life, No Business Whiz | 9/10/2009 | See Source »

...first bit of unpleasantness for O'Leary. For most of the 1990s, he was the president of educational-software company Softkey, which he co-founded with fellow Canadian entrepreneur Michael Perik. O'Leary and Perik sold the firm, which they renamed the Learning Company, to Mattel in 1999 for $3.6 billion. But almost immediately the deal turned sour. The Learning Company lost $200 million in the second half of 1999 alone. O'Leary and Perik, who joined Mattel after the merger, left the toy company six months later in a management shake-up. In 2001, Mattel disposed of the Learning...

Author: /time Magazine | Title: TV's Shark Tank Guru: In Real Life, No Business Whiz | 9/10/2009 | See Source »

...around the world have also won against McDonald's claim to its famous prefix in recent years. In 2001 McDonald's lost a nine-year legal battle against McChina Wok Away, a Chinese takeaway in London, and in 2004, McDonald's lost a trademark-infringement suit against a Singaporean firm that had used names like MacNoodles, MacTea and MacChocolate. "It opens the way for them and other [Malaysians] to use the Mc prefix without fear," says Sri Dev Nair, the Suppiahs' lawyer...

Author: /time Magazine | Title: McCurry: the Indian Eatery That Beat McDonald's | 9/9/2009 | See Source »

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