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...solvers" around the world - they are science Ph.D.s in Russia and engineers in India and amateur inventors in America. InnoCentive posts "challenges" it receives from client companies - the pharma giant Eli Lilly is a customer - on its website, and the solvers go to work, with a cash reward at stake for the right answer. Not only does the InnoCentive method save on costs by allowing companies to outsource some of their R and D, but it also mines a sprawling network of experts from a diverse array of fields, raising the chance that someone might come up with a true...

Author: /time Magazine | Title: How Many People Does It Take to Make a New Light Bulb? | 3/10/2008 | See Source »

...politics of the nation were debated and decided by the French people in the spring of 2007," said Prime Minister Fran?ois Fillon after first-round polls closed Sunday, leaving his fellow conservatives in difficulty against leftist rivals in key cities across France. "What is now at stake is the management of our cities, our villages, and our departments ... next Sunday, the values of general interest, of work, of security and solidarity should be expressed in our local democracy...

Author: /time Magazine | Title: French Voters Rebuke Sarkozy | 3/10/2008 | See Source »

...Serbia, itself, Russia capitalized literally, on the standoff over Kosovo. In Belgrade, just a week before he became Russia's President-elect, Dmitri Medvedev supervised Serbia's signing up to a prospective Russian Southern Stream natural gas pipe-line. Serbia also sold to Russia a 51% stake of Naftna Industrija Srbija (NIS), a much prized national oil company for $614 million and the promise of a further investment of $770 million. Russia plans build a major gas storage facility in Serbia, making the country a key base for Russian energy supplies to Europe. This consolidation of ties with Serbia achieves...

Author: /time Magazine | Title: Russia Cashes in on Kosovo Fears | 3/8/2008 | See Source »

...divisions, with James more focused on the latter. Just before Christmas, Murdoch approached his mate about doing a deal on the group's media fragment, CMH. Over a wet January weekend, bunkered down in a city office, the pair nutted out their privatization plan, which would raise Packer's stake in CMH from 38% to 50% and give the other half to Murdoch, who would take charge as executive chairman. "I am only interested in running businesses I can add value to," Murdoch told reporters. "This is going to be my focus over the years to come...

Author: /time Magazine | Title: Back in Business | 3/7/2008 | See Source »

...With her presidential hopes at stake in Texas and Ohio, Hillary Clinton reached for the cleaver. Her campaign made good on its promise to throw "the kitchen sink" at Obama, and that paid off with clear popular-vote victories in both states. What's more, she said, "I'm just getting warmed...

Author: /time Magazine | Title: Clinton's Collateral Damage | 3/6/2008 | See Source »

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