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Murdoch's conundrum remains that his advertising-driven properties - news and broadcast TV - are in the dunny, as the Australian media baron might say, while the pay-for-content properties - movies and cable - are holding steady or growing. (His Internet assets, including MySpace, lost a third of their value. But to be fair, nobody has figured out how to make money from social networking yet.) So why not, he figures, get paid for all the content...

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

That’s the problem with being a visitor, a tourist essentially. Observe all you want, but you might never understand. The fuzzy earmuffs are here to stay—but you?...

Author: By D. PATRICK Knoth | Title: Fleeing the Fuzzy Earmuffs | 8/10/2009 | See Source »

...novel." The book includes some interesting musings from the then President-elect, who spoke to the authors six weeks after his win. Despite the challenges facing a young, black, first-term Senator wishing to be President, Obama said the outcome didn't surprise him. An early indication that he might be electable nationwide, he said, was his strong Senate approval ratings even in Illinois' rural, white, culturally conservative regions. 
"If I'm in a big industrial state with 12% African-American population and people seem to not be concerned about my race and much more concerned with my performance...

Author: /time Magazine | Title: The Battle for America | 8/10/2009 | See Source »

...what the soldiers might have to fight is hard to pin down. Although claims abound of cross-border grenade and mortar attacks, Bestayev, the Ossetian villager from Dmenisi, said he had not heard or seen any incidents at the base of the foothills that mark the border. The soldiers sitting by their armored personnel carrier make a vague claim they had had mortars fired on them a week ago, but that the shots were uphill and off the mark. A lieutenant who has served six years in the border guards said he had not seen any attacks with...

Author: /time Magazine | Title: A Year After War, S. Ossetia More Dependent on Russia | 8/10/2009 | See Source »

...even if "crippling sanctions" were somehow imposed, Tehran still might not back down. "If it were possible to choke off the gasoline supply into Iran, the likelihood is that Iran's existing refinery capacity would be used first and foremost to ensure that the needs of the security forces and the regime are taken care of," says Dr. Gary Sick, a Columbia University professor and former National Security Council Iran specialist. "Those who are going to suffer most will be the ordinary Iranians with whom we sympathize. You can argue that this might spur them to revolt, but more likely...

Author: /time Magazine | Title: Sanctions Unlikely to Stop Iran's Nuclear Quest | 8/10/2009 | See Source »

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