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Unlike the majority of its online rivals that have set up shop in jurisdictions such as Gibraltar or the Isle of Man, Betfair is based on mainland Britain. And unlike most competitors, it won't accept bets from places where online wagering is illegal, including the U.S. Indeed, it doesn't actually book bets; rather, it matches up bettors, for a fee. The strategy has won it plaudits at home, including an award for enterprise from Queen Elizabeth. And it enabled the company to attract Goldman Sachs and Morgan Stanley as financial advisers--a coup, given the nervousness...

Author: /time Magazine | Title: Investing: Good Sports | 11/20/2005 | See Source »

...Barcelona in the seaside town of Roses. A food alchemist, Adriŕ has inspired a generation of chefs with his scientific approach to cooking: rendering gelatins out of seaweed powder, combining flavors like salmon and coffee, using nitrous oxide gas to create sauces airier than foam. Unfortunately, Adriŕ, 43, closes shop for half the year (to run food experiments in his lab) and can honor just 8,000 of the 100,000 table requests he gets annually...

Author: /time Magazine | Title: Global Life: A New Food Mecca | 11/20/2005 | See Source »

...Hang out at a coffee shop by the Bab Al-Yaman, the city's main gate to the south, and watch men from the tribal areas wearing curved daggers and sarongs stroll past while animated Somalians in red, orange, yellow and green robes barter with customers on Ta'Izz Road, south of the gate. If you really want to be in the thick of all this life, skip the Sheraton and bed down in a hotel tower house, or fonduk. They offer basic facilities, but have incredible atmosphere and great roof-terrace views. Check out Arabia Felix...

Author: /time Magazine | Title: Eternal Beauty | 11/20/2005 | See Source »

...students and police, Harvard’s bicycle theft numbers seem unlikely to go down any time soon.“Bicycle theft in the Cambridge area is incredibly high,” says Tim Ledlie ’02, founder of Quad Bikes, a non-profit bike shop. “It is a tough problem to solve.”In the last four years, numbers have been similarly high: 149, 141, 78, and 138 bikes were stolen in the years 2001-2004, respectively.National rankings consistently place Boston/Cambridge in the ten worst cities for bike theft...

Author: By Matthew S. Blumenthal, CRIMSON STAFF WRITER | Title: Bike Theft Persists for Harvard Students | 11/18/2005 | See Source »

These days, the audience alone is entertaining enough to justify the price of admission for most “indie rock” shows. Tight denim, prized thrift shop finds, and purposefully mussed-up hairdos adorned the high school girls and forty-something hipsters alike at last weekend’s Spoon concert at the Avalon in Boston. Known best for their spare sound and danceable backbeats, the foursome from Texas delivered on both counts, mixing most of the songs on their recent “Gimme Fiction” LP, with at least one song from each of their...

Author: By Henry M. Cowles, CRIMSON STAFF WRITER | Title: Spoon Digs Into Crowd at Avalon | 11/17/2005 | See Source »

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