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...news of Michael Jackson's death spread around the world on June 25, the social-networking site Twitter came to a virtual standstill, flooded with visitors tweeting the news. Within moments of the first breaking news reports - indicating that Jackson had suffered cardiac arrest and had been rushed via ambulance to a Los Angeles hospital - both #michaeljackson and cardiac arrest emerged as two of the network's highest-rated "trending topics." As TIME's Michael Scherer notes, nearly three times as many tweets were posted about Michael Jackson on Thursday than about either Iran or swine flu. (See TIME...

Author: /time Magazine | Title: Remembering Michael Jackson on Twitter | 6/25/2009 | See Source »

...Harvard's operating budget, and also pointed to the other cost-cutting measures implemented by the University before the layoffs, including a voluntary early retirement program, a salary freeze for faculty and non-union staff, and strictly limited hiring practices. He said that staff reductions have thus far been "spread evenly across our workforce," and noted that the average participant in the early retirement program had an annual salary of $67,000, with roughly half the participants working as hourly employees and half as administrative and professional staff...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Staff, Activists Protest Layoffs | 6/25/2009 | See Source »

...different problems ... For example, cannabis is grown in at least 176 countries around the world. It can be grown indoors or outdoors, and is often cultivated in small plots by users themselves ... For most synthetic drugs, the skills needed to access and process the needed chemicals are not widely spread and, consequently, the market tends to favor more organized groups ... In contrast, most of the cultivation of drug crops like coca and opium poppy is confined to small areas within two or three countries. Most of the world's heroin supply is produced on a land area about the size...

Author: /time Magazine | Title: U.N. World Drug Report | 6/25/2009 | See Source »

...1990s and 2000s, in fact, this myth of the rational market was embraced with a fervor that even Irving Fisher never mustered. Financial markets knew best, the thinking went. They spread risk. They gathered and dispersed information. They regulated global economic affairs with a swiftness and decisiveness that governments couldn't match. And then, as debt markets began to freeze up in 2007, suddenly markets didn't do any of these things. "The whole intellectual edifice collapsed in the summer of last year," former Fed chairman Alan Greenspan said at a congressional hearing in October...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...Some students are even looking beyond the media and Internet to spread the news about Iran's election and to generate international support for the opposition...

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 »

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