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YouTube has been the birthplace of many Internet stars, but few of them have had the business savvy to turn video views into paychecks. Take Sam Tsui, the site's latest crowd pleaser. A fresh-faced a cappella singer at Yale, Tsui has an impressive voice, but the real draw is the electronic wizardry that allows him to harmonize onstage with five digital versions of himself. Glee, meet Attack of the Clones...
Among the most popular one-off videos to be tapped for YouTube partnership is the clip David DeVore posted in January of his 7-year-old son acting loopy from the effects of dental anesthetic. By March, the Orlando, Fla., real estate agent says, he had copyrighted the David After Dentist video, protecting his son's image and his family's burgeoning online income from the video, which has been viewed more than 33 million times. Through YouTube ads and merchandising, the DeVores have made more than...
What a crazy idea; he might make money anyway. There is a real need for a bush turboprop to be built with the latest aerodynamic and engine technologies. Organizations serving populations in crisis in developing countries need a plane that can operate safely on short dirt airstrips. The Kodiak, with its small wingspan of 45 ft. (15 m), advanced flap technology and high power-to-weight ratio, can land and take off in less than 700 ft. (210 m) and climb at a rapid 1,700 ft. per min. (520 m per min.). The Kodiak can be retrofitted for other...
...TIME's cover story on Wall Street [Nov. 9]: Out in the real world, professionals who construct bridges, buildings and even houses must be licensed, to encourage adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they also be licensed and held to similar standards...
...facts tell the dismal story. In the 10 years ending Dec. 31, 2008, investors suffered a negative 3.15% real return in U.S. stocks, constituting the fourth worst 10-year period since 1871. Given the pummeling the stock market has taken this decade - even after this year's rally, the S&P 500 index remains 32% below its all-time high reached in October 2007 - many are now questioning whether stocks should be the cornerstone of investors' long-run portfolios...