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...Never going to happen. If you met him in the last few years of his tenure as CEO of Time Warner, you'd know the reason: he doesn't want to work that hard. Those New York business leaders who are trying to convince him to follow in the footsteps of Michael Bloomberg need to find another horse to ride." -Joe Nocera of the New York Times, July 11, 2008, on the odds of Parsons becoming mayor of New York City...

Author: /time Magazine | Title: Citigroup Chairman Richard Parsons | 1/21/2009 | See Source »

...shaped by the forces of money and technology just as much as by creative genius. Passing over a few classical and Far Eastern entries, the novel in its modern form really got rolling only in the early 18th century. This wasn't an accident, and it didn't happen because a bunch of writers like Defoe and Richardson and Fielding suddenly decided we should be reading long books about imaginary people. It happened as a result of an unprecedented configuration of financial and technological circumstances. New industrial printing techniques meant you could print lots of books cheaply; a modern capitalist...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

Fairly or unfairly, neatly or messily, sooner or later the switchover will happen. And when it does, we should take a moment to salute the passing of the analog era. Just as vinyl records gave rise to scratching and skipping, analog TV created a whole gallery of hallucinatory special effects: ghosting, snow, psychedelic colors, vertical hold. We hated them at the time, but we may yet come to miss them. Digital signals are more robust than analog--they're less prone to distortion, and when they break up, they do it in tidy little squares, which aren't nearly...

Author: /time Magazine | Title: Requiem for Rabbit Ears | 1/21/2009 | See Source »

...Issuing pink slips en masse is a political nonstarter in India, and it's even less likely to happen in an election year. With India's flagship information-technology sector under global scrutiny, the government looks keen to salvage Hyderabad-based Satyam, the country's fourth-largest outsourcing company. "I am pretty sure the employees are on safe terrain," says James Agarwal, head of executive-search firm BTI Consultants India. "There is no chance the government will allow the company to go down. It is important for employees, for Indian corporates, for the government." (See pictures of the global financial...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

...should the event succumb to Murphy's Law - which says that anything that can go wrong will go wrong - nobody can accuse the Department of Homeland Security (DHS) of failing to warn that it might happen. (See pictures of Barack Obama's family tree...

Author: /time Magazine | Title: Security at the Inauguration: Preparing for Anything | 1/19/2009 | See Source »

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