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...revenues that fund the schools, electricity and clean water villages need so desperately. More than 70% of the country may still live in rural areas, but over the next decade, that will drop to 60%. Having a son or father working in the city is already as much a part of village life as praying for a good monsoon...

Author: /time Magazine | Title: India's Urban Legend | 11/30/2009 | See Source »

...coast, where Hong Kong and Taiwan companies have set up countless export factories, the investments in Xi'an tend to be more domestically focused. In October, Applied Materials, a California-based maker of manufacturing equipment for the semiconductor industry, opened a solar-power research center in Xi'an, part of a $250 million investment in the city. The facility, unique to Applied Materials' global operations, will house solar-cell production lines to devise new ways of bringing down the costs of manufacturing panels. Though the results can be utilized in factories anywhere, the center is directed to a great degree...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

FarmVille is part of Zynga, the fastest-growing, most buzzed-about social-game company of the moment. In October, Zynga operated six of the 10 most popular Facebook games: FarmVille, Cafe World, Mafia Wars, YoVille, zyngapoker and Roller Coaster Kingdom. Founded in July 2007 by Mark Pincus, 43, Zynga had 45 staffers by June 2008 and now employs 600, counting contractors. Its most recently launched game, FishVille, hooked 9 million users in a week. Zynga is privately held, but a rival less than half its size was recently bought by Electronic Arts, the GM of games, for $400 million...

Author: /time Magazine | Title: Troubling Rise of Facebook's Top Game Company | 11/30/2009 | See Source »

...free games on Facebook was a sound proposition. Zynga attracted $39 million in start-up money and got a second wave of $15 million this month. Ads and virtual goods bring in most of the revenue. But because people who play free games on the Internet like the free part, Zynga needed a third income stream--product come...

Author: /time Magazine | Title: Troubling Rise of Facebook's Top Game Company | 11/30/2009 | See Source »

...worth trying and that so-called moderate Taliban can be coaxed to break ranks with their extremist leaders, there is a hopeful precedent. Starting in early 2007, tens of thousands of Iraqi insurgents were persuaded to lay down their weapons in exchange for cash and jobs, usually as part of local militias fighting their former al-Qaeda allies. Building on that example, General Stanley McChrystal, the U.S. commander of international forces in Afghanistan, wrote in his recent assessment of the Afghan war that NATO "must identify opportunities to reintegrate former mid- to low-level insurgent fighters into normal society...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

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