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...thing, it's that advertising--not subscriptions or surveys or micropayments--is the engine that Internet content will run on. This is a victory party for online advertising's long boom. According to a Yankee Group report, online advertising rang up $16.9 billion in revenue in 2006 and could grow 24% a year or more. It's still a pretty meager slice of total ad spending--only 7.5% last year, according to the report. But expect that to change. "An industry that was pretty much left for dead five years ago is right back beyond where...

Author: /time Magazine | Title: A Microsoft-Yahoo! Deal User's Guide | 2/7/2008 | See Source »

...child, did you grow up wanting to be a racecar driver? Or did you have something else in mind? -Sara Simpson, Gulfport, Miss.As a kid, you're not making a lot plans. I got into racing through my mom and my stepfather, particularly my stepfather. It really just started out as a hobby, and then we started having success. Then you start looking around at the big-time racecar drivers and they become your heroes. Once you get behind the wheel, you get past some of the fear, because anything new can be fearful. It doesn't matter...

Author: /time Magazine | Title: 10 Questions for Jeff Gordon | 2/7/2008 | See Source »

...similarities. Frauds typically start small and then they begin to grow. People rationalize their decisions. It will be interesting to see if there was collusion involved. That's one of the commonalities across all these big frauds we've seen: there is collusion - and it is has gone in most of these cases up to the very highest levels of the company. That is how you bypass controls...

Author: /time Magazine | Title: Q&A: Whistle-Blower Cynthia Cooper | 2/4/2008 | See Source »

...club's owner, Mitzi Shore - a pretty, petite brunet with a whiny, Roseanne-like voice who had inherited the Comedy Store in a divorce from comedian Sammy Shore - viewed the place not as a traditional nightclub but as a "college" of comedy where newcomers could learn their craft and grow as artists. And so she didn't feel the need to pay them anything...

Author: /time Magazine | Title: The First Comedy Strike | 2/4/2008 | See Source »

...pump is officially a flood-control project for poor Delta communities, but more than four-fifths of the economic benefits calculated by the Corps would go to flood-prone farmers who already collect gigantic subsidies to grow soybeans on marginal land. And the federal government is on the hook for the entire $220 million bill, because Mississippi Republican Senators Thad Cochran and Trent Lott slipped through a provision waiving local cost-sharing rules for the project...

Author: /time Magazine | Title: A Green Day for Bush | 2/2/2008 | See Source »

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