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...Dhruva Interactive, a group of twentysomethings sit with comic books and programming manuals while their computer screens flash with images of G.I.s carrying machine guns, teenagers shooting pool in smoky halls, ogres and medieval labyrinths. They're developing games that will be sold to Dhruva clients such as Microsoft. While some Indian animation companies are looking to expand into computer games, others, emboldened by the success of Crest, are dreaming of the big money: digitally animated films. Rajesh Turakhia, CEO of Maya Entertainment, a Bombay-based studio, says that Indian companies will next target smaller Hollywood 3-D animation films...

Author: /time Magazine | Title: The Next Big Draw for India | 7/5/2004 | See Source »

...Since Yuri Gagarin first blasted into the heavens in 1961, manned space flight has been a strictly government-run affair. That ended on June 21 when MIKE MELVILL flew to an altitude of 100.1 km on SpaceShipOne, a private rocket-powered plane funded by Microsoft co-founder Paul Allen. After gliding safely to earth, Melvill was more exultant than eloquent. He climbed atop the dart-shaped craft and whooped, "Yeeee-haaah...

Author: /time Magazine | Title: Milestones | 6/28/2004 | See Source »

With online music stores popping up all over, Microsoft has decided to build a mall for them. Windows Media Player 10, slated for public debut this fall, will offer a collection of digital-media retailers under one virtual roof. Rather than having to download several applications, then jump from one to the next in search of content, users will be able to drop in on various vendors while remaining in Media Player. Any music or video bought in the mall will be collected in one place and will be compatible with the player and supporting hardware. Right...

Author: /time Magazine | Title: Technology: A Shopping Mall For Music | 6/14/2004 | See Source »

...likely first markets. But Apple should brace for a fight: more than 50 online music sites already play to 800,000 subscribers in Europe. Napster went legit in the U.K. last month, and plans to expand in Europe. Sony Connect plans to cross the Atlantic within weeks. Even Microsoft is reportedly negotiating to put Beatles' songs online. But competition doesn't guarantee bargains. While Apple reveals its European prices this week, at $1.82 a song Napster costs U.K. subscribers 84% more than those in the U.S. Blame higher label fees, plus the VAT. iTunes, though, has a secret weapon...

Author: /time Magazine | Title: Biz Watch | 6/13/2004 | See Source »

...early to tell whether public opinion has swayed, but workers hope to unplug government plans to transform France's electric and gas utilities from public agencies into corporations - a step toward partial privatization. The debate is sure to be electrifying. - By Terrence Murray Hard Times For Software Microsoft appealed the E.U. competition regulator's March ruling that the firm abused its dominant position in the PC operating system market. Meanwhile, Brussels antitrust officials revived a probe into allegations that U.S. chipmaker Intel abused its own market power to shut out rivals...

Author: /time Magazine | Title: Biz Watch | 6/13/2004 | See Source »

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