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Stuck for the perfect gift for a sports-mad loved one this Christmas? How about buying them an English soccer club? That's what the 20,000 plus members of online venture MyFootballClub.co.uk (MyFC) will get this year when they take possession of their very own team, Ebbsfleet United, following the completion of due diligence on the purchase of the non-league side. For around $70, "owners" will take control of all aspects of running the club - both on and off the field - by voting in online polls for player transfers, team selection and tactics. Starting line-ups are decided...

Author: /time Magazine | Title: Fantasy Meets Football in England | 11/15/2007 | See Source »

...declare victory. Initial financing came from America Online. It needed content. People liked the fact that we were dealing with a life stage when there is so much need for information to inform purchase decisions. Hummer Winblad invested to empower the e-commerce component of the business, a wedding gift registry. When qvc invested, it was interested in helping us build our brand. We had only $1.7 million in the beginning, and then we reached $3 million. A year later, people were throwing $10 million and $20 million at people just for waking up in the morning. But that wasn...

Author: /time Magazine | Title: Something Old, Something New | 11/15/2007 | See Source »

...completing the task, Farooqi has given world literature a gift. That's not to say that it's without flaws. The faithful rendition occasionally gets a bit confusing - mostly due to its whirlwind of countless characters and lightning-quick changes of scene. But it does succeed in offering, in Farooqi's words, "a bridge between [Adventures] and the modern world." Non-Urdu-speaking readers can at last appreciate an epic "on par with anything in the Western canon." And, with luck, the classical pantheon populated by indomitable Achilles, cunning Odysseus and righteous King Arthur will now be joined...

Author: /time Magazine | Title: Neglected Epic | 11/15/2007 | See Source »

Among Grassley's questions to Dollar was one about a gift of $500,000 to Copeland. Dollar told TIME that he made a gift but said the sum was not that high. He and the Copelands claim to be tax-compliant. Hinn and Long did not respond by press time. White's ministry says to the best of its knowledge it complies with all tax codes. Meyer posted a 2007 IRS letter confirming tax-exempt status...

Author: /time Magazine | Title: Going After the Money Ministries | 11/15/2007 | See Source »

...cigars. It was in September 1972, he recalls, at a trade fair in Santiago. The Cuban exhibitors needed refrigerators for their shrimp. Brabeck lent them some. When the fair opened, Castro came over with a box of smokes to say thank you. But the Cuban leader's biggest gift, Brabeck says, was to warn Allende of the problems Cuba had encountered when it nationalized milk. That gave Nestle valuable breathing space...

Author: /time Magazine | Title: Nestle's Quick | 11/14/2007 | See Source »

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