Word: fractionization
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...Some 150 buyers are claiming they got ripped off by a seller on eBay. Although crooks represent just a tiny fraction of transactions, Internet fraud is rising: complaints increased 38% last year. How do you avoid it? Either pay by credit card or use an escrow service that won't release your money to the seller until you've got your goods. It costs a couple of bucks for each transaction, but it's worth it for costlier items...
Score one for private enterprise. Two years ago, Craig Venter drew a rousing chorus of harrumphs (and a few "yeah, rights") from government scientists when he said that his genetics research firm, Celera Genomics, could map the human genome three times faster than the feds and at a fraction of the cost. The Human Genome Project, after all, is one of the most closely watched federal science projects of recent memory. In the abstract it stands to become one of the great scientific breakthroughs by promising to crack nature's code for what makes us who we are - and, presumably...
...revenue over the next decade. For years, the city has groomed itself as a nexus of culture. But Miami-Dade officials pushed away this year's Latin Grammy Awards--and the projected $40 million they would mean to the local economy--because Cubans might perform. And that's a fraction of the $130 million the scuttled 2007 Pan American Games (which will include Cuban athletes) would have brought...
Entertainment execs turn to potty humor only when they're scared. And they are. Technology has made it possible for anyone with minimal geek skills and lots of free time to make his own movies, TV shows, albums, books and even radio programs at the merest fraction of what it cost only a few years ago. It has suddenly become cheap to create your own entertainment--and cheaper still to distribute it online. It's the do-it-yourself dream, and it's seizing the imagination of thousands of auteurs--amateur and professional alike--yearning for a mass-market...
...Andy J. Marshall, head teaching fellow for Human Behavioral Biology, says the stories that DeVore tells in class represents only a fraction of his fascinating experiences...