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When Alexander Lebedev, the new Russian owner of Britain's Independent newspaper, visited the offices of the rival Guardian last year, he was asked why he wanted to buy a struggling paper. The Independent sells only around 100,000 copies in the U.K. on a typical weekday, trailing London's four other quality dailies - the Daily Telegraph, Rupert Murdoch's Times of London, the Financial Times and the Guardian - and consistently loses about $15 million a year. Lebedev, whose first experience in London was as a KGB agent in the 1980s, offered a characteristically enigmatic response: "Well, either...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...Harvard Square, we don’t need to have a hundred banks,” said Christos Soillis, owner of Felix Shoe Repair on Mass. Avenue. “We need to have small businesses. But you can’t tell the banks not to come here. You do need one, two, or three ... but again, you can’t really do anything about...

Author: By Michelle B. Timmerman, CRIMSON STAFF WRITER | Title: Mass. Ave. Adds TD Bank | 3/25/2010 | See Source »

...establishments will fill the spaces recently vacated by the Indian restaurant Bombay Club and the Japanese eatery Shilla. They are slated to open in late spring or early summer, according to Raj K. Dhanda, the owner of the Crimson Galeria...

Author: By Matthew C. Stone, CONTRIBUTING WRITER | Title: Galeria To Open Two New Eateries | 3/23/2010 | See Source »

...strong tournament run—in which he outscored opponents, 51-10—by earning the third national title in Harvard history and leaving little doubt about his No. 1 ranking. In addition, O’Connor (35-0) hangs up the Harvard singlet as the owner of the only undefeated season in program history, bolstering a 132-16 mark that ties the Oxford, N.Y. native with Jesse Jantzen ’04 (132-13) atop the program list...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Champ From The Get-Go | 3/23/2010 | See Source »

...finely tuned assembly line is the brainchild of Demand's co-founder Richard Rosenblatt. Best known as the CEO of Intermix Media, owner of MySpace, when the company was sold for $580 million to News Corp. in 2005, Rosenblatt says he learned from his experience with social networks that there were plenty of people producing reams of data online. "But only 1% of that was relevant to more than just people's friends," he says. "What if we could find a way to find those content creators, tell them what to write and create a broader audience...

Author: /time Magazine | Title: Working for Demand Media: The Web's Biggest, Scariest Content Machine | 3/22/2010 | See Source »

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