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...Shareholders sued Mattel over the Learning Company deal, naming O'Leary and Perik, along with other members of the toy company's management, as defendants. In the complaint, the shareholders alleged that under O'Leary and Perik the Learning Company used "accounting manipulations" to gain market share and drive up the company's stock price. According to the suit, a sales manager at the Learning Company at the time of the Mattel merger told employees that he "suspected the 'Learning Company is broke' and is 'cooking the books.' " Mattel paid shareholders $122 million to settle the suit. O'Leary...

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

...Even small enhancements can have profound impacts, right? There are approximately 10 million scientists in the world. If you could improve their cognition by 1%, the gain would hardly be noticeable in a single individual. But it could be equivalent to instantly creating 100,000 new scientists...

Author: /time Magazine | Title: The Future of Human Enhancement | 9/9/2009 | See Source »

...infectious diseases. In contrast, MIDAS’ other centers have primarily relied on “individual-base models,” which involve finding patterns in tracking an enormous number of individuals. “With a mathematical model, you give up a little realism, but you gain understanding of what’s happening,” Lipsitch said. “I’m really excited about the Harvard center,” said Eckstrand. “I think it has all the strengths to take on the leadership role in developing modeling and research...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: New HSPH Center To Address Flu | 9/9/2009 | See Source »

...restaurant has gradually gained a loyal clientele even as the suit weaved its way through the slow-moving judiciary. The publicity brought them additional patrons, including curious American tourists, Bollywood film crews and plenty of locals. "[Customers] usually attacked McDonald's as they tucked into our Indian dishes," says Mr. Suppiah. "We did gain from the publicity, but because of the lawsuit, we could not franchise our outlet." Adissayam Xavier, a regular customer at McCurry, agrees with its owners that the McDonald's suit has been unfair. "It is cold-hearted to try to put someone out of business simply...

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

...biggest obstacle remains public opinion. A poll last year revealed that only 31% of Europeans back Turkish membership and in the June European Parliament elections Turkey proved a popular punching bag for parties looking to gain votes, with candidates pledging to veto the country's membership. The current economic downturn is another factor, making the E.U. reluctant to take on another country struggling under recession. "The economic crisis has certainly made things worse in Europe," says Sevket Pamuk, professor of Turkish Studies at the London School of Economics. "For membership to occur, Turkey needs to change, but the current political...

Author: /time Magazine | Title: Fifty Years On, Turkey Still Pines to Become European | 9/8/2009 | See Source »

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