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...that almost everybody who has ever tried charging for content has failed. Murdoch is out of touch, they suggest. Michael Wolff, whose book on Murdoch, The Man Who Owns the News, came out in December, says he was shocked to learn that Murdoch didn't have an e-mail address, could barely use his cell phone and had not been on the Internet unaided. "Technology," writes Wolff, "has always been regarded as one of those things, like fancy hotels, or long-form writing, that are not part of [News Corp.'s] culture...

Author: /time Magazine | Title: Will Rupert Murdoch Be the Pied Piper of Paid Content? | 8/11/2009 | See Source »

...charges included conspiracy, securities fraud, investment-adviser fraud, falsification of books, mail fraud, wire fraud, international money-laundering, perjury and federal income tax invasion. Prosecutors are looking for $170 billion in forfeiture from Madoff's former right-hand...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

Whatever Holder decides will ignite controversy. Human-rights activists and Democrats in Congress want the authors of the torture memos prosecuted. Holder will also have to weigh how much of the evidence - partly based on e-mail exchanges between the DOJ lawyers and other Administration officials, possibly including those in Vice President Dick Cheney's office - to release to the public...

Author: /time Magazine | Title: For DOJ's Ethics Cop, Decision on Memos Looms | 8/11/2009 | See Source »

Beyond the mail delays and the botched orders, the lack of human interaction is the big problem with Netflix and its cyber-ilk. Thanks to the Internet, we can now do nearly everything - working, shopping, moviegoing, social networking, having sex - on one machine at home. We're becoming a society of shut-ins. We deprive ourselves of exercise, even if it's just a stroll around the mall, until we're the shape of those blobby people in WALL?E. And we deny ourselves the random epiphanies of human contact...

Author: /time Magazine | Title: Why Netflix Stinks: A Critic's Complaint | 8/10/2009 | See Source »

Getting movies by mail is, Netflix hopes, just a stage between the Blockbuster era of video stores and the imminent streaming of movies. You can already get 12,000 Netflix titles on your TV (if you have a Blu-ray player or spring for a $100 Netflix box). So, O.K., soon there will be no more waiting for DVDs. But it'll come at a price. You'll be what the online corporate culture wants you to be: a passive, inert receptacle for its products...

Author: /time Magazine | Title: Why Netflix Stinks: A Critic's Complaint | 8/10/2009 | See Source »

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