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...take my Kodachrome away" in 1973, Kodak was still expanding its Kodachrome line, and it was hard to believe that it would ever disappear. But by the mid-1980s, video camcorders and more easily processed color film from companies like Fuji and Polaroid encroached on Kodachrome's market share, and the film fell into disfavor. Compared to the newer technology, Kodachrome was a pain to develop. It required a large processing machine and several different chemicals and over a dozen processing steps. The film would never, ever be able to make the "one-hour photo" deadline that customers increasingly came...

Author: /time Magazine | Title: Kodachrome | 6/23/2009 | See Source »

...that, Bernstein became an in-demand speaker, an industry wise man (one writer likened him to Yoda) and the foremost interpreter of the quantitative approach that came to dominate Wall Street. But he was never doctrinaire. When I sought his blessing for a book on the fall of the market philosophy whose rise he had sketched in Capital Ideas, he was enthusiastic--and even contributed a blurb for the back cover. When he died on June 5 at age 90, he was working on another book about risk. When that was done, he planned to finally get to work...

Author: /time Magazine | Title: Peter L. Bernstein | 6/22/2009 | See Source »

...year in which nearly all markets plummeted simultaneously due to unprecedented financial turmoil, domestic bonds may have been one of the few well-performing assets in Harvard's investment portfolio. Over the past year, the Dow Jones CBOT Treasury Index—a real-time, broad-based indicator of bond market performance—returned over 8 percent, while the S&P 500, which HMC often cites in comparisons with its own endowment performance, dropped over 30 percent...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Amidst Endowment Slump, Harvard To Lose a Top Bond Manager | 6/22/2009 | See Source »

...that the U.S. in the 21st century has grown beyond a country of cities and suburbs to what urban-studies expert Richard Florida calls "mega-regions." Central Florida's I-4 Corridor, between Orlando and Tampa, is a prime example. Mega-regions "are natural economic agglomerations whose market potential can be harnessed if they're linked up by high-speed rail," says Florida, director of the Martin Prosperity Institute at the University of Toronto. "If there's any place in the world right now where this makes sense, it's the U.S. Cars and jets won't do it; high...

Author: /time Magazine | Title: U.S. Stimulus Puts Bullet Trains on the Fast Track | 6/22/2009 | See Source »

...MacKinnon also notes that there's plenty of evidence that searches conducted on Baidu - Google's main rival in China and the company with by far the biggest share of the search-engine market - produce just as many or more links to pornographic sites...

Author: /time Magazine | Title: Chinese Government Attacks Google Over Internet Porn | 6/22/2009 | See Source »

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