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This week, Picnik became the latest high-flying start-up to join the Google team. The popular photo-editing site has 17 million unique monthly visitors and traffic growth of 10% a month. Picnik simplifies the process of cropping, editing and adding special effects to photos stored on your computer or on sites such as Flickr, Picasa or Facebook...

Author: /time Magazine | Title: Google's Acquisition Binge: Why It Bought Picnik | 3/5/2010 | See Source »

...puts deals in one of two baskets - small talent buys and big strategic buys. In Picnik they got two for the price of one. Among Picnik's 22-person staff are three former Microsoft employees - "three of the best guys ever to step off the Redmond campus on one team," boasts Picnik adviser Burgess - along with other respected Web talents. Marcelo Calbucci, an entrepreneur who founded Seattle 2.0, a service for Seattle start-ups, estimates on his blog that Google paid at least $46 million for Picnik, possibly twice that much. Picnik and Google have both refused to disclose purchase...

Author: /time Magazine | Title: Google's Acquisition Binge: Why It Bought Picnik | 3/5/2010 | See Source »

...team, which included scientists from the School of Engineering and Applied Sciences and other universities, said that the technology could transform the way experiments are conducted...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: New Lab Device Improves Experiment Speed | 3/4/2010 | See Source »

During the 2008 campaign, Obama's team was able to exploit new technologies as no political campaign had before. It created its own media empire - an e-mail list with 13 million subscribers, a YouTube channel with millions of views and a massive social-networking operation. "What the voters heard, we determined," boasted Anita Dunn, a top campaign aide, "as opposed to some editor in a TV station." (See the top 10 campaign t-shirts...

Author: /time Magazine | Title: The White House Scrambles to Tame the News Cyclone | 3/4/2010 | See Source »

...leader of the group was Gelowicz, who was born in Munich and converted to Islam when he was 16. Though he became a devout Muslim, he appeared to lead the life of a normal teenager - he even played quarterback on an American football team. Things changed, however, when he started visiting an Islamic center in the southern city of Neu-Ulm and found himself outraged over the photos of the Abu Ghraib prison scandal in Iraq and the terror suspects being held at Guantanamo Bay. "This Islamic center was a meeting place for young Muslims and they felt a sense...

Author: /time Magazine | Title: Germany Convicts Men Who Plotted 'Second 9/11' | 3/4/2010 | See Source »

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