Word: legal
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...been viewed more than 2.4 million times - but he hasn't made any money yet from that music video or any of the others he and a classmate have produced. Like many viral sensations, he is suddenly trying to navigate a maze of advertising offers, promotional deals and legal issues in the hopes of making a (typically small) fortune from Internet fame. (Watch Sam Tsui explain his YouTube success...
...than just that guy on YouTube," he says.) For two years, Irena Schulz has been fielding media offers for Snowball the cockatoo, whose Backstreet Boys dance has been seen nearly 3.3 million times. The former molecular biologist in Dyer, Ind., chooses shows for her bird carefully and has drafted legal agreements to make sure he'll be portrayed in a positive light. But despite appearances on The Late Show with David Letterman and Good Morning America, she says viral videos aren't a sure ticket to the good life. "People think my life is glamorous, but I still spend...
...TIME's cover story on Wall Street [Nov. 9]: Out in the real world, professionals who construct bridges, buildings and even houses must be licensed, to encourage adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they also be licensed and held to similar standards...
...original headline of the Nov. 23 news article "Fallout of UC Election Colored By Allegations of Misconduct, Internal Dissension, and Incriminating E-mails" incorrectly referred to e-mails sent alleging fraud in the UC election as "libelous." In fact, because libel is a legal standard that requires there to be a provably false statement of fact, the e-mails could not be deemed libelous...
Unfortunately, the Internet has voted, and Haber came in fourth, receiving about 7 percent of the vote in the seventh round. Legal tabloid Above The Law has reported that Haber chalked up his loss to difficulties balancing the competition with his schoolwork...