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...first glance, it's an odd step and a markedly different business for YouTube. The site's revenue comes from the advertisements (served by corporate parent Google) that run along with the video clips. But the site, which incurs massive bandwidth costs from millions of simultaneously streaming videos, has yet to turn a profit. YouTube has long had an interest in partnering with major studios for a foray into the rental business, but at this point it is late in the game: Apple's iTunes began offering movie rentals in 2008, and Amazon.com has a movie store as well...
...Still, YouTube isn't completely outmaneuvered. The site has massive traffic and will benefit from (essentially) free advertising across Google's network: the search giant can run ads for the new rental platform on YouTube, in Google search results and in its suite of popular services like Gmail and Google Maps. Google also has an established payment platform in Google Checkout, which will make paying for the rentals relatively easy...
...Though he ran a largely upbeat campaign, the mood of the electorate was angry - as evidenced by extraordinarily heavy turnout for a special election. At times, his campaign sounded like an echo of the very themes that carried Obama to victory a little over a year ago. Brown had run against "business as usual" in Washington, and his supporters on Tuesday night chanted, "Yes we can." In case the point still wasn't clear, one of his supporters held a hand-lettered sign: "It's Our Turn for a Change...
...comparison to the colorful Fernandez, Cobos seems drab. A soft-spoken family man who was dean of a technological university in the wine-growing province of Mendoza, Cobos became provincial governor in 2003 and then quit the Radical Party so he could run as Fernandez's No. 2. Relations between the two quickly soured. Since assuming office, Fernandez has renationalized companies that were privatized in the 1990s including airlines and public utilities, and privatized pension-fund assets worth $30 billion. She also led the country to the brink of a civilian uprising over her brash attempt to levy a hefty...
...Ozawa has had many run-ins with the Prosecutors Office over the course of his career, as have many of Japan's political élite. Last May, then DPJ president Ozawa stepped down from that post following the arrest of his top aide, Takanori Okubo, who is now on trial for accounting irregularities and illegal donations from a large construction company that allegedly wanted to win contracts in areas where Ozawa has political influence. Ozawa bowed to cries for his resignation from within the party just months before August's Lower House elections. That move, however, did not satisfy...