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...policing themselves and order websites to remove online material that flouts trademarks. But even for big firms, patrolling an ocean as vast as the Internet for intellectual-property shenanigans is daunting. For small ones like Fobis, "it's almost impossible. The research involved is very expensive," says Jean Edwards, an intellectual-property-law expert in Washington, D.C., for the Miami-based firm of Akerman Senterfitt. Rulings like the eBay verdict, Edwards adds, simply demonstrate that in the Internet age, "American small business is getting gypped...

Author: /time Magazine | Title: The Weemote vs. Wiimote Tiff | 7/18/2008 | See Source »

...InBev itself was only created in 2004, from the merger of Belgium's Interbrew with Brazil's AmBev. It is headquartered in the Flemish city of Leuven, where the company can trace its brewing roots back to 1366. Though the board includes former Belgian Prime Minister Jean-Luc Dehaene, the firm's power brokers are Brazilian investment bankers who have placed an accounting technique known as zero-based budgeting at the heart of their global strategy. It compels divisions to justify all costs for each year, rather than simply adjusting the baseline spending from the previous year...

Author: /time Magazine | Title: Bud Brewer Braced for Change | 7/15/2008 | See Source »

...bedroom door. He dishes on becoming Sean Penn's blood brother and Warren Beatty's habit of quizzing him about what it's like to be gay. Madonna bedded so many luminaries, it seems, that some notable members of this diverse group - John F. Kennedy Jr., graffiti pioneer Jean-Michel Basquiat, basketball star Dennis Rodman and steroid-user-turned-whistle-blower Jose Canseco - rate no better than a passing mention. Ciccone paints Ritchie in a particularly unflattering light, claiming the director's homophobia drove a wedge between the siblings...

Author: /time Magazine | Title: Life with My Sister Madonna | 7/14/2008 | See Source »

...Inflation When Jean-Claude Trichet, the president of the European Central Bank (ECB), announced a 0.25 percentage point increase in Europe's key lending rate on July 3, he contended that it was critical to stave off the so-called secondary effects of inflation and "to neutralize the growing risks to price stability." In plain English, that means he's worried about an inflationary spiral in which manufacturers of industrial and consumer goods raise prices to compensate for higher costs - and workers demand hefty pay increases so they can afford the rising cost of their household purchases. The risk...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...microscopes. These aquatic adventurers are members of Ambassadors of the Environment, the children's club at the eco-luxury Cape Sounio hotel on mainland Greece's Attica coast. Aimed at kids between 4 and 12, the club is part of a far-reaching educational scheme devised by marine biologist Jean-Michel Cousteau, son of ocean pioneer Jacques...

Author: /time Magazine | Title: Sea Green in Greece | 7/3/2008 | See Source »

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