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...Notice that nowhere in there did I use the word chatting. That's because, though the site's called ChatRoulette, there's little actual conversation. A typical interaction lasts less than a second before one or both of you races for the "Next" button. When I tried to actually chat with people - mainly to ask what they were looking for on the site - they either stared blankly or skipped ahead. It seems that the only way to get anyone to stop their endless scroll is to either a) be female (in my unscientific test, about 85% of the people...

Author: /time Magazine | Title: ChatRoulette: The Perils of Video Chats with Strangers | 2/16/2010 | See Source »

...applied across the board regardless of how frequently someone trades, how many assets the investor holds, or how many shares a person buys. In the past, customers with more than $1 million in assets and those who completed more than 120 trades a year got the lower rate, while less wealthy, less active clients were hit with higher fees. Also, under the new rules, anyone trading blocks of more than 1,000 shares will no longer be hit with additional fees...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

With Valentine’s Day behind us and the Black Eyed Peas concert less than two weeks away, we can’t help but wonder: Where is the love? Would the world truly be better off if Harvard were to stop teaching economics? Humanities departments would burgeon, post-Ec 10 lunch lines in Annenberg would dissipate, and former ec concentrators—no longer wishing to strut down Wall Street—wouldn’t be disappointed when said jobs eluded them. Such a world would have to be governed by a powerful force. Some call this...

Author: By Michelle B. Timmerman, CRIMSON STAFF WRITER | Title: Summers and Mankiw Blew Up The Economy? | 2/16/2010 | See Source »

...tried again, Kissel's lawyers hope to argue that she was mentally impaired at the time of the killing. She might walk away with time served. A new trial, however, may reveal less about the milk-shake murder than it does about the health of Hong Kong's judicial system. The Court of Final Appeal quashed Kissel's earlier conviction on the grounds that the prosecution relied on hearsay from the private investigator, and that the trial judge misdirected the jury on the question of self-defense...

Author: /time Magazine | Title: Hong Kong's Milk-Shake Murder Trial Is Back | 2/15/2010 | See Source »

...case "as cogent ... as might be imagined" if the top court found such glaring problems? It's a glaring question for Hong Kong's judicial system to answer. In Hong Kong, roughly 75% of not-guilty pleas end in a conviction; in England and Wales, that figure is less than 8%. One prominent lawyer, Clive Grossman, once compared Hong Kong's rate of conviction to North Korea's. "An arrested person is, statistically, almost certain to face imprisonment," he wrote in the preface to the latest edition of a criminal-law reference book...

Author: /time Magazine | Title: Hong Kong's Milk-Shake Murder Trial Is Back | 2/15/2010 | See Source »

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