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...online video market, YouTube has about 47%, according to Web monitoring agency Hitwise. And visitors, on average, spend twice as long on YouTube (18 minutes) as they do watching Google videos. So Google pounced, betting that online video ads and distribution will be key to the search giant's future revenue growth. "YouTube built a better mousetrap. Not only did they build a better mousetrap, they built it earlier and faster than Google did," says Scott Kessler, Internet analyst at Standard and Poor's. "Google is the far and away leader in online video right...

Author: /time Magazine | Title: Will Google's Big Bet Pay Off? | 10/9/2006 | See Source »

...year treating up to 150,000 patients, its budget financed mostly by grants from the government, international aid agencies and charities. At an average cost of $5 a day for each patient, the center stretches that money a long way. When the monsoon season begins, the hospital erects giant tents in its parking lot to cope with the extra patients. But the success of the hospital in Dhaka has not been replicated elsewhere. In Africa, the fight against diarrhea is hampered by the lack of clean water and the infrastructure necessary to ensure public health. In countries like Ethiopia, only...

Author: /time Magazine | Title: A Simple Solution | 10/8/2006 | See Source »

...short circuit at Airbus has turned out to be much more serious than expected. For several months, officials at the giant aerospace company have explained away the delays dogging their biggest project, the €12 billion superjumbo A380[an error occurred while processing this directive] plane, by blaming the wiring. Each A380 has about 500 km of electrical cables that need to be configured individually for different customers (so the explanation went), and that was proving far more complex than anticipated. Last week, the story changed. Airbus postponed the A380's launch once again, but acknowledged that the company...

Author: /time Magazine | Title: Trying To Untangle Wires | 10/8/2006 | See Source »

DIED. Gary Comer, 78, philanthropist and entrepreneur who founded the mail-order giant Lands' End; in Chicago. With an emphasis on sturdy products (famously sold as "Guaranteed. Period") and a clever, anecdote-filled "magalog," the world-class sailor turned a small sailboat- hardware business into a $1.9 billion clothing company before selling it in 2002. Downplaying his savvy, he said, "I picked things I liked, and over the years people interested in the same things gathered around...

Author: /time Magazine | Title: Milestones Oct. 16, 2006 | 10/8/2006 | See Source »

...Americans, Washington is a giant cesspool. It's no wonder almost half of Americans (47%) now agree with the statement "I'm mad as hell and I'm not going to take it anymore." It's us (the people) versus them (the politicians), and it doesn't matter what primary color you wear. Just as in the closing scene of George Orwell's Animal Farm, even when you look closely, you can't tell the difference between the animals and the people anymore...

Author: /time Magazine | Title: Foley: The Final Straw | 10/7/2006 | See Source »

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