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...region they say is an oil and gas bonanza just waiting to be tapped, one of the last great frontiers in the hunt for hydrocarbons. "I and a lot of other people in oil companies working in East Africa have long been convinced that it's the last real high-potential area in the world that hasn't been fully explored," says Richard Schmitt, chief executive of Black Marlin Energy, a Dubai-based East Africa oil prospector. "It seems, for a variety of geopolitical reasons, that more than anything else, it's been neglected over the last several decades. Most...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...Bloomberg named Bo Moon was getting crushed in his fantasy-basketball league. So while commuting from New Jersey into Bloomberg's Manhattan offices, Moon and a car-pool colleague, Jay B. Lee, started wondering what would happen if the company applied its core expertise, the supply of real-time financial analytics to Wall Street traders, to sports statistics. (And while spending hours stuck in New York City-area rush-hour traffic, they had plenty of time to ponder.) After all, in many ways fantasy teams are similar to stock portfolios, with players as the assets. If Bloomberg could analyze...

Author: /time Magazine | Title: Bloomberg's Financial Tools, Now for Baseball Geeks | 3/10/2010 | See Source »

...hella- came to him while working in a physics lab with a partner in February. "We were looking at this electric field, and she said there were hella volts in this field," Sendek says. "We started thinking that it'd be pretty funny if a hellavolt was a real thing, or a hellameter or hellagram." Sendek started the Facebook group for his inside joke but says he was surprised to see it explode after a reporter from the Sacramento Bee discovered the effort. Since then, Sendek has advocated for his cause on radio shows from Canada to Australia, with articles...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

...history has taught us anything (Ron Paul for President! Snakes on a Plane!), it's that even the most dedicated of Internet campaigns have a tough time achieving much in the real world. And despite his efforts, Sendek says he doubts hella- will become an officially recognized prefix anytime soon. After the story in the Bee, Sendek says he received an e-mail from the chairman of the Consultative Committee of Units at the International Bureau of Weights and Measures, the group tasked with creating worldwide standards for scientific prefixes. "He said he appreciated the humor but didn't think...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

...that a typical Harvard student could be found at UHS on a Friday night, you would 43 percent more right than two years ago. The steps Harvard administrators have taken to increase student safety and promote alcohol education have been visible, yet they are completely useless unless accompanied by real consequences for binge drinking on campus...

Author: By Peter L. Knudson | Title: “Work Hard, then Take Shots” | 3/10/2010 | See Source »

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