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...from four continents have converged--among them Bertelsmann, Liberty Media, News Corp. and Sony--to pick at the carcass. In Italy, where stealing satellite service is pursued with the same ingenuity and gusto as is tax avoidance, two competing pay-TV services, Vivendi's Telepiu and News Corp.'s Stream, have fared so poorly that they have had little choice but to combine their 2.3 million subscribers. Two struggling Spanish providers of pay TV by satellite, SogeCable and Via Digital, are headed down the same path...

Author: /time Magazine | Title: Cable Guy: John Malone: Wiring Europe | 7/1/2002 | See Source »

...punished. You need to fear for your life," says one caller. Newdow nods, puts down the ice cream and picks up his guitar. "Mike, this is God. I?m really upset with you," says the tape. Newdow strums Paul McCartney's "Blackbird," a strange soundtrack to the steady stream of abuse. "I bet you?ve said it, Mike. I bet you've said "my God,?" suggests an exasperated male voice. "Actually," Newdow tells the tape quietly, "what I say is ?your...

Author: /time Magazine | Title: Talking with Michael Newdow | 6/29/2002 | See Source »

That's what bonds are for. Unlike stocks, which are primarily a bet on tomorrow's growth, bonds provide a stream of income today and tomorrow. As its name implies, a bond is also a kind of contract that commits the borrower to give you all your money back down the road. So bonds, unlike stocks, almost never go to zero, making them the ultimate trust-no-one investment. What's more, they can provide ballast for a sinking stock portfolio. "Bonds have actually outperformed stocks over the last five years," points out portfolio manager Ian McKinnon of the Vanguard...

Author: /time Magazine | Title: The Trust-No-One Investing Plan | 6/24/2002 | See Source »

Like echoes that will not be quieted, scenes from a war that ended nearly 30 years ago are now being replayed at the airport in Raleigh, North Carolina. Clutching white plastic bags of travel documents, bleary-eyed Montagnard refugees from the Central Highlands of Vietnam stream down the arrival-lounge escalator to be met by white-haired American ladies wearing housedresses and blowsy men waving American flags. Joyful members of North Carolina's 3,000-strong Montagnard community are on hand, as are relief workers from Lutheran Family Services who bustle about, counting heads and arranging transportation that will ferry...

Author: /time Magazine | Title: Settling Old Scores | 6/24/2002 | See Source »

...DECSS, which decrypts DVDs so that he can watch the movies - which he bought legally - on his computer. Some may have called that money-saving ingenuity - he didn't have to buy a stand-alone DVD player - but the entertainment industry saw it as a threat to its revenue stream and Norwegian authorities saw it as a crime. Because it's one of the first cases of its kind, Johansen's trial could set a precedent for how industry and innovation will coexist in the digital age. Johansen and his two co-writers (who have remained anonymous to avoid prosecution...

Author: /time Magazine | Title: Enemy At The Gates? | 6/16/2002 | See Source »

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