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...cases, [there are] cuts in the level of service to faculty and students or compromises in terms of quality, which I think most people would have to consider unfortunate," he said. "But we recognize on the other hand that the University does have to make adjustments in order to live with constrained revenue and realities...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Announces Impending Layoffs | 6/23/2009 | See Source »

...Unfortunately, micropayments in the past have failed to live up to lofty expectations. Over the last 10 years, several companies including U.S.-based Peppercoin and CyberCash offered online payment systems that didn't catch on. PlaySpan CEO Karl Mehta says this is because "there was not enough digital content to consume." That's changing. Mehta predicts that micropayment services will over the next few years become available on a wide range of gaming and social websites - adding that there's no reason they can't be used to buy newspaper and magazine articles, too. "The newspaper industry is now crying...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

Your chances of being involved in a plane crash are pretty slim. By some estimates, they're as low as 1 in 11 million. But should you live through one - possibly as a gesture toward cosmic compensation - your shot at a book deal goes way up. There are two new memoirs out by survivors of plane crashes: Ollestad's Crazy for the Storm (Ecco; 272 pages) and Robert Sabbag's Down Around Midnight (Viking; 214 pages). Starbucks has picked Ollestad's memoir for its book program, and you can see why: plane crashes are usually unknowable, secret events...

Author: /time Magazine | Title: Crash Course | 6/22/2009 | See Source »

When she was 15, Kluver and her mom, who live in Wisconsin, formed their own publishing company to publish Legacy. Sales were modest, but the book attracted some rave reader reviews on Amazon.com At 16, when most authors are years away from getting their first big break, Kluver is getting her second: this August, Amazon is going to relaunch Legacy on a grand scale...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

...probably other devices in it too. The rise of a new model doesn't require the death of the old one. In fairy-tale terms, Princess Alera won't have to choose between the politically expedient Steldor and the mysteriously alluring Narian. She can have them both and live happily ever after. Or if not happily, at least she'll have plenty to read...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

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