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More than 6 million people mini-blog about their lives on Twitter, including a surprising number of celebrities. Sean (Diddy) Combs recently Twittered about a tantric sex session, a 48-hour juice fast and taking a bubble bath with an Oscar statue. John Cleese has written about his pet chickens, while MC Hammer has mused on the economy ("We just fed the nation 15 [years] of evil soup. Now we're throwing up"). Other celebrities, including Shaquille O'Neal, post actual information about where they are and what they're doing. And they encourage fans to meet them...

Author: /time Magazine | Title: Celebrity Twittering: Is That Really You, Shaq? | 3/24/2009 | See Source »

...fact, the SEC proposed a version of that in July. The agency suggested changing a number of its ratings-based regulations since the use of the NRSRO designation "may have encouraged investors to place undue reliance on the credit ratings issued by these entities." One example: money market mutual funds, which are currently only allowed to hold high-grade paper. High-grade - as defined by the ratings agencies. In comments responding to the proposed rule change, sellers of money market funds balked at the idea of not being able to use the ratings agencies' opinions...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...much of his life, liked to point out to the President during the election, there is a difference between strategy and tactics. There is nothing strategic about Detroit. Over 50% of the cars sold in the U.S. are made by foreign companies. There is no reason that the number cannot go to 80%. It serves the national interest to save the jobs in Detroit and in related industries while the economy is in trouble. It is hard to make the case that any broader national interest will ever be served by keeping the U.S. car industry afloat indefinitely...

Author: /time Magazine | Title: Will Detroit Need More Bailout Money? | 3/23/2009 | See Source »

...suddenly go, "Oh, so that's what they're doing!"? Basically, we ran a bunch of experiments on bees and it was clear that they had some way of telling each other what was going on. They were definitely communicating something, but it wasn't clear what. So a number of trials were conducted where certain factors were controlled. One of the factors [that was] changed was the direction of the sun. And the bees' behavior changed. When they went back in the hive, they started wiggling about differently. The next step is to correlate the exact position...

Author: /time Magazine | Title: Why S___ Happens | 3/23/2009 | See Source »

...laureate Aung San Suu Kyi, who still languishes under house arrest - have been excluded from participating in the polls by regulations both arcane and outlandish. This month, five members of her NLD were arrested, joining an estimated 2,100-plus political prisoners who suffer in Burmese jails - double the number from two years ago, according to a recent U.N. report. Some opposition parties have vowed to boycott the elections unless the prisons are cleared of political detainees...

Author: /time Magazine | Title: In Burma, Even a Sham Election Is a Cause for Hope | 3/23/2009 | See Source »

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