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...year, with sales of $12 billion in the U.S., up 7% over 2003, including consoles and PC titles. And thanks to hot new games like Halo 2 for the Xbox, the industry is light-years ahead of the toy business when it comes to buzz. With distractions such as instant messaging, cell-phone games and iPods angling for kids' minds and allowances, the digital revolution is making life miserable for the $20 billion toy industry. "Kids are playing on computers at earlier ages; they're picking up Game Boys and PlayStations younger than they were five years ago," says analyst...

Author: /time Magazine | Title: Zapped! How the toy industry is being outplayed by video games this holiday season | 12/17/2004 | See Source »

...broadcasting four games simultaneously across the country (all of the CBS affiliates in Texas, for example, aired the Houston Texans--Indianapolis Colts contest, while New York, Baltimore and even North Dakota got Jets-Ravens). Hundreds of workers monitored screens in some two dozen control rooms, cutting highlight packages and instant replays from different angles, inserting graphics and stats boxes and alerting on-site directors of impending game breaks...

Author: /time Magazine | Title: Sport: How to Score on The Small Screen | 12/17/2004 | See Source »

...form their own communications network via the telephone or Internet. It's now used by 34,000 students and parents in 29 schools throughout New York City. The software program allows parents to view homework assignments, class schedules and student performance. Through HIP notification, parents are able to get instant feedback on student absenteeism and grades. HIP bridges the digital divide by allowing parents to use the system even if they don't have a computer. The software translates computer text to audible voice messages and vice versa. Says Keys: "With HIP all you need is a quarter...

Author: /time Magazine | Title: Education: Forging the Future: Heads of the Class | 12/17/2004 | See Source »

Terry George, that movie's director, was urged to pursue Washington for the role of the hotel manager because snagging the star would mean instant funding. George says it took years to find backers, in part because he wanted Cheadle for the role. "I've watched him for years, and he just has this chameleon ability to disappear into a character, and that quality is exactly what I was looking for most," says George. The actor has made peace with the fact that directors love him more than producers do. "You have to be in something that makes a whole...

Author: /time Magazine | Title: Movies: At Last, Don Cheadle Is the Hero | 12/17/2004 | See Source »

...California Public Employees' Retirement System, or CalPERS. For years, CalPERS used the leverage of its enormous investment portfolio to rail against companies that it believed were badly run or acting irresponsibly. When the Enron debacle ushered in an era of scandals, CalPERS's leadership made it an instant star of the corporate-reform movement...

Author: /time Magazine | Title: Corporate Reformer Under Fire | 12/17/2004 | See Source »

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