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...read to succeed, however, media companies will need a trustworthy, easy-to-use payment platform. Common online payment methods like credit cards aren't feasible because processing fees can exceed the value of such tiny transactions. In the gaming world, the typical micropayment system allows consumers to transfer money (usually via credit or debit cards) into electronic accounts, or e-wallets, where hard cash is converted into digital currency for online purchases. There are already several companies providing micropayment services to gaming websites; Santa Clara, Calif. - based PlaySpan offers its service in 80 countries. Micropayments are also migrating to mobile...

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

...chip off the old block, according to Kenji Fujimoto, the Japanese chef who used to cook for the Kim clan. He is short, a bit overweight and "aggressive," Fujimoto has said, "just like his father." And Kim Jong Un is now, many analysts believe, officially in line to succeed Kim Jong Il as the leader of the Democratic People's Republic of Korea - which helps explain Pyongyang's recent explosively belligerent behavior. (Read "Time to Face Facts on Our North Korea Ignorance...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...Iran for the man who was once next in line to be Shah. Speaking with nearly unaccented English, the graduate of the University of Southern California seemed proud to support the movement that is "already invested with the blood of my brave countrymen." Confident that the opposition will succeed, he believes that the upheaval "will not rest until it achieves unfettered democracy and human rights in Iran." (See pictures of the turbulent aftermath of Iran's election...

Author: /time Magazine | Title: Shah's Son Backs Iranian Protesters | 6/22/2009 | See Source »

...missile strikes on suspected militants several times since early 2007, killing at least two Islamist leaders. Osama bin Laden makes frequent broadcasts urging Somalis to defeat Americans, Ethiopians and anyone with any connection to either. The stakes could hardly be higher, says analyst Hassan. "If these guys [the Islamists] succeed in taking over Somalia, they will create havoc in the entire continent. The world needs to act quickly...

Author: /time Magazine | Title: Behind the Suicide Bombing in Somalia | 6/19/2009 | See Source »

...Marchionne is to succeed, he needs above all to reposition Chrysler from maker of clunky, overpowered gas-guzzlers to purveyor of must-own, energy-efficient vehicles. "The challenge for Fiat Chrysler is to move away from popular products and into 'pop' products, full of cool environmental technology and on the right side of history," says Carlo Alberto Carnevale, a professor of strategic management at Bocconi University's business school in Milan and a close watcher of Fiat. "In that sense, it's the same bet as Steve Jobs'. That's why Marchionne uses that metaphor...

Author: /time Magazine | Title: Chrysler's Sergio Marchionne: The Turnaround Artista | 6/18/2009 | See Source »

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