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Wait a second: eBay bought Luxembourg-based Skype from the Scandinavians for $2.6 billion in 2005 - a lofty sum that made the heads of many in Silicon Valley spin. Can the founders now really hope to block the resale of Skype by pulling the technology on which it runs? "People are puzzled about how this happened," says analyst Stephan Beckert with Washington-based TeleGeography Research. "One thing I can say: You don't want to mess with Zennstrom...

Author: /time Magazine | Title: The Skype Founders' Revenge Against eBay | 10/1/2009 | See Source »

When the Howard Hanson Dam was first built on the Green River in western Washington in 1962, the concrete behemoth was hailed as the new protector of the valley below. Until that point, the Green River Valley was regularly inundated during the flood season, which runs from late October through March. "We had an almost annual flood," recalls Governor Christine Gregoire, who grew up in the valley. "Only when I was in high school and they built the Howard Hanson Dam did we see an end to the flooding." Now, should the water rise to dangerous levels, engineers will...

Author: /time Magazine | Title: Washington's Green River Prepares for a Flood | 9/30/2009 | See Source »

...Cascade Mountains to Elliott Bay, north of Seattle. It is an area where industry and real estate bloomed as its population surged - by 68% between 1980 and 2000 alone, according to the Washington State Department of Transportation. Some 350,000 people are estimated to live in the Green River Valley. Last January, because of torrential rains, the river rose 10 ft. higher than it ever had before and severely damaged the dam. This winter, with the likelihood of just as much rain, there will be some 35,000 residents in danger. If authorities try to make do with the crippled...

Author: /time Magazine | Title: Washington's Green River Prepares for a Flood | 9/30/2009 | See Source »

...flood insurance when there's a 1 in 3 chance that you'll need to use it? That's generally not a gamble insurers like to take. Fortunately for Green River Valley, King County belongs to the National Flood Insurance Program, which means that residents cannot be turned down for flood insurance (unless they've built something in direct violation of regional flood codes, that is), and that effectively, even though some 90 insurance companies administer the policies, it is the government providing the insurance itself. "There is nobody in the Green River area that should not be able...

Author: /time Magazine | Title: Washington's Green River Prepares for a Flood | 9/30/2009 | See Source »

...pictures of Afghanistan's dangerous Korengal Valley...

Author: /time Magazine | Title: Afghanistan: Looking For the Way Ahead | 9/28/2009 | See Source »

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