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Betting on Consolidation After e-commerce boom and bust comes merger mania: that was the sense last week as online travel firm lastminute.com - the money-losing, London-based icon of the Internet frenzy - agreed to a $1.1 billion takeover by Texas-based Sabre Holdings, owner of rival Travelocity. The grounds? While there's room for growth in Europe 's Web-based travel sector - as little as 10% of trips are currently booked online in the region - there's no longer room for everyone. Price pressure from major hotels' and airlines' own online operations means Web-based operators "need...

Author: /time Magazine | Title: Bizwatch | 5/15/2005 | See Source »

...make sure no one is spying when you send personal information over the Web, use only a secure connection--indicated by a key or lock icon at the bottom of your browser window...

Author: /time Magazine | Title: Technology: E-Mailers Anonymous | 5/15/2005 | See Source »

...will be a special savor to Tommy Lee Jones' directorial debut, The Three Burials of Melquiades Estrada, written by Guillermo Arriaga, of Amores Perros and 21 Grams fame. Or that Broken Flowers, with Jim Jarmusch directing Bill Murray, Jessica Lange, Sharon Stone and Tilda Swinton, will launch that indie icon into the movie mainstream. Woody Allen's last film, Melinda Melinda, was a little better than his recent dogs. Perhaps Match Point, with Scarlett Johansson, will signal a return to his old ... competence...

Author: /time Magazine | Title: Cannes Diary: Episode LVIII: A New Hope | 5/11/2005 | See Source »

Welcome to Sirius Satellite Radio, a company running edgy programming and sparing no expense in its quest to breathe life into radio--and one day turn a profit for shareholders. Based in New York City and run by pugnacious radio-industry veteran and media icon Mel Karmazin, Sirius broadcasts 65 channels of commercial-free music, sliced and diced in formats from Broadway-show tunes to '80s hair bands, along with channels dedicated to sports, news, weather and niche shows like Derek and Romaine's, which would be fined into extinction if the FCC had its way. This being satellite radio...

Author: /time Magazine | Title: Media: Making Waves | 5/4/2005 | See Source »

With its sleek curves, blazing red paint and open-backed platform, London's Routemaster bus has earned a place alongside Big Ben and Buckingham Palace as a British icon. Sadly, after nearly a half-century of loyal service since they first hit the roads in 1956, these old-fashioned double deckers are being phased out in favor of newer models that are more accessible to the elderly and disabled and don't require a bus conductor to check tickets. By 2006, there won't be a single Routemaster left on the capital's roads...

Author: /time Magazine | Title: The Big Red Bargain | 4/25/2005 | See Source »

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