Word: major
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...site's revenue comes from the advertisements (served by corporate parent Google) that run along with the video clips. But the site, which incurs massive bandwidth costs from millions of simultaneously streaming videos, has yet to turn a profit. YouTube has long had an interest in partnering with major studios for a foray into the rental business, but at this point it is late in the game: Apple's iTunes began offering movie rentals in 2008, and Amazon.com has a movie store as well. The 800-pound gorilla in online cinema remains Netflix, whose on-demand streaming system lacks...
...mistake is a black eye for the IPCC and for the climate-science community as a whole. Climate scientists are still dealing with the Climategate controversy, which involved hacked e-mails from a major British climatology center that cast doubt on the solidity of evidence for global warming. (See pictures of the effects of global warming...
...private equity funds seized on the rental market in major cities in recent years, all this was jeopardized by the need to generate fat returns of 15%-20% per annum. Worse, this business model was based on a dirty secret - expelling as many existing tenants as possible. This is the thuggish reality behind otherwise respectable-sounding prospectuses offered to investors to explain how they could service high debt on mortgage-backed securities. "The borrower anticipates to recapture approximately 20%-30% of the units [roughly within the first year] and 10% a year thereafter," explained a prospectus for a portfolio...
...military's just-released report into the Fort Hood shootings spends 86 pages detailing various slipups by Army officers but not once mentions Major Nidal Hasan by name or even discusses whether the killings may have had anything to do with the suspect's view of his Muslim faith. And as Congress opens two days of hearings on Wednesday into the Pentagon probe of the Nov. 5 attack that left 13 dead, lawmakers want explanations for that omission. (See TIME's photo-essay "The Troubled Journey of Major Hasan...
...military. The Pentagon report's silence on Islamic extremism "shows you how deeply entrenched the values of political correctness have become," he told TIME on Tuesday. "It's definitely getting worse, and is now so ingrained that people no longer smirk when it happens." (See pictures of Major Nidal Malik Hasan's apartment...