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...online-gaming world's fastest-growing segments - multiplayer role-playing games and social games - are increasingly generating impressive revenues from tiny transactions. Most role-playing games, or RPGs, originally relied primarily on subscriptions for income. The enormously popular World of Warcraft series remains subscription-based. But the trend is the free-to-play, or "freemium," model. Under this system, gamers can play as long as they want at no cost, but they usually find the games are more entertaining when they pay small fees to outfit their characters with virtual weapons, useful tools and other accessories. The popular virtual world...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...charges and subscriptions. And, freed from paying a set fee each month, some players actually end up spending more. Four years ago, Shanda Interactive Entertainment, China's biggest online-game developer, ditched subscriptions for the freemium model and turned around its sagging fortunes. Kristian Segerstrale, CEO of London-based social-gaming site Playfish, says micropayments work because online games aren't a product, they're an ongoing service. "It's nonsensical to pay up front for a service," says Segerstrale. "You don't pay up front for your gas or water...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...What I am convinced about is that the reaction of [these] millions of people is setting the stage for social and political change, whether that comes now, in the next four years, or the next eight years," Homaifar says. "The protesters are enlightening the world about the social, economic, and political frustrations Iranian people have been feeling for many years...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: Protests Bring Hope, Concern for Harvard's Iranian and Iranian-American Students | 6/21/2009 | See Source »

...imprisonment and a fine of about $200, or both. The legislation, however, is in conflict with the older Juvenile Justice Act, which is also applicable in prosecution of child labor cases, but defines children as under 18. The conflicting ages make prosecution a cumbersome process, and the pervasive social and cultural acceptance of poor children working in India hasn't helped. A 2006 UNICEF report showed girls between the ages of 12 and 15 are the preferred choice of domestic help in 90 percent of Indian households. Mohammad Aftab of Save the Children says child domestic labor can be curbed...

Author: /time Magazine | Title: India Under Pressure to Do More to Stop Child Labor | 6/19/2009 | See Source »

Iran is preparing for a potentially violent confrontation between the government and supporters of Mir-Hossein Mousavi on Saturday. While messages on Twitter and other social networking sites indicate much concern about safety, many opposed to President Mahmoud Ahmadinejad insist they will attend the rally called by Mousavi. Several drew inspiration from a protest march on Thursday, an account of which TIME received on Friday morning. The author has requested anonymity...

Author: /time Magazine | Title: On Scene: Among the Protesters in Tehran | 6/19/2009 | See Source »

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