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...makes critics like me go shrill with condemnation. For movie distributors, January is garage-sale, or garbage-sale, time; reviewers' critical expectations are lower than usual. We're indulgent toward junk that deserves to go direct to DVD. We want to save our fulminations for later in the year, and unleash them on failed films with bigger budgets and higher ambitions. But Untraceable really is disgraceable. It's bad enough when a movie offers up atrocity scenes that would make the Nanking soldiers seem like Hannah Montana; it's repellent when the movie dresses up the sadism in a moral...

Author: /time Magazine | Title: Hiding from Untraceable | 1/25/2008 | See Source »

...planet. The fact that this achievement was soon eclipsed by tragedy - the elephant in the room of this $3 billion development - has little place in the Titanic Quarter's rendering of the tale. "She was alright when she left here," reads one of the T-shirts for sale on the Titanic Trail boat cruise...

Author: /time Magazine | Title: The Titanic: 'She Was Alright When She Left Here' | 1/24/2008 | See Source »

...might not sound like the sexiest deal, but today the Federal Communication Commission (FCC) will auction off rights to the 700 MHz band of wireless spectrum - a sale that has the potential to create a seismic shift in the telecommunications landscape. The powerful band of prime cross-country airwaves, which is currently being used for analog TV broadcasts, is due to free up by February 2009 when TV goes fully digital. So, if ever a new telecom player were to carve out a piece of the lucrative nationwide wireless pie, now would be the time. "This is the last auction...

Author: /time Magazine | Title: Will Google Go Mobile? | 1/23/2008 | See Source »

...shells), which De Monfreid had fished from the reefs of Eritrea, leaves him desperate for cash. One night, he overhears a midshipman talk about the lucrative market for hashish in Egypt, and De Monfreid resolves to head for Greece - where the "bringer of dreams" was cultivated and packaged for sale - then grease some palms and have 1,300 lbs. (600 kg) shipped to Djibouti, whence he'd ferry the hashish in his dhow up the Red Sea to Suez. Thus was a drug smuggler born...

Author: /time Magazine | Title: Old Man of the Sea | 1/23/2008 | See Source »

...Most Geordies, though, remain anxious about the bank's future. In a last-ditch effort to avoid nationalization, the U.K. government on Monday hatched plans to convert into bonds the $50 billion Bank of England loan it used to prop up Northern Rock. That makes a private sale of the bank more likely: those interested in bidding before the February deadline - including a consortium led by Richard Branson's Virgin Group - will no longer need to front up for a big slice of that loan. The bank's battered shares climbed more than 40% on the news...

Author: /time Magazine | Title: Between a Northern Rock and a Hard Place | 1/21/2008 | See Source »

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