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Publishing is a genteel business, and publishers aren't used to playing hardball. Amazon is, and it does. "I think it's fair to say there's some tension," says Jim Milliot, business and news director at Publishers Weekly. "They're the dominant online retailer. Publishers really aren't in the position to argue. Or to fight back." Last year, in a widely publicized scuffle, Amazon disabled its "Buy now with 1-click" button for some books published by Hachette's U.K. division after the companies disagreed about sales terms...

Author: /time Magazine | Title: Is Amazon Taking Over the Book Business? | 6/22/2009 | See Source »

Half the fun of social-networking sites is the posting of personal news. The other half is the posting of personal opinion, something spurned spouses typically have in spades. MySpace and its ilk offer the giddying cocktail of being able to say something in the privacy of your home that will be publicly accessible, along with a chaser of instant gratification. All this at a time when people are often less than their best selves. On the walls of two Facebook groups - I Hate My Ex-Husband and I Hate My Ex-Wife, which together had been joined...

Author: /time Magazine | Title: Facebook and Divorce: Airing the Dirty Laundry | 6/22/2009 | See Source »

Help arrived in an e-mail from the Viking Range Corp.: Would I like to try its new 30-in. gravity-feed smoker? Faster than you can say baby back ribs, I drove down to a Viking distributor in Hayward, Calif., where a fellow named Mike Love gave me a quick demo of the $3,000 cooker. Most smokers I've used look like something from The Beverly Hillbillies. The Viking smoker is a sleek, 375-lb. (170 kg) stainless-steel vault built to resemble a high-end refrigerator. A cute little chimney vents smoke from the middle. The "gravity...

Author: /time Magazine | Title: King of the Grill | 6/22/2009 | See Source »

Warren, 59, is exceedingly polite. She has strong opinions, but she often expresses them in a whisper-soft voice. She tends to say "Does that make sense?" in her Oklahoma drawl right after she finishes answering a question. During the hearing, which was focused on the federal bailout program's effect on corporate and commercial real estate lending, Warren gingerly tapped her gavel from the dais. "The hearing of the Congressional Oversight Panel will now come to order," she said a bit hesitantly. (See three questions about TARP for Warren's panel...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

Follow the Money If the question hinges on whether Warren can say exactly how TARP money has been spent so far, then the answer is probably no - but then that may be an unrealistic goal. The eight monthly reports released by the oversight panel to date spend almost more time talking about what isn't known than about what is. They repeatedly assert that the Treasury Department and the Federal Reserve should be more forthcoming...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

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