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...company with huge debts that it is still struggling to pay off. Last year, it sold its entertainment business, including six SeaWorld parks and two Busch Gardens parks in the U.S. It has also shed its Irish and Scottish businesses and its Central European operations. (See a TIME video on the beer-biking craze in Amsterdam...
YouTube hopes its users will be just as willing to watch full-length feature films as they are clips of laughing babies. Beginning Friday, the video-sharing site will dip its toe into the movie-rental business, starting with five films from the past two Sundance Film Festivals...
...first glance, it's an odd step and a markedly different business for YouTube. The site's revenue comes from the advertisements (served by corporate parent Google) that run along with the video clips. But the site, which incurs massive bandwidth costs from millions of simultaneously streaming videos, has yet to turn a profit. YouTube has long had an interest in partnering with major studios for a foray into the rental business, but at this point it is late in the game: Apple's iTunes began offering movie rentals in 2008, and Amazon.com has a movie store as well...
...Earth keeps warming at its current rate." Glaciologists have been doubtful of that 2035 date since the report came out. Although they are melting, there are tens of thousands of Himalayan glaciers, and it's hard to imagine them all disappearing in less than 30 years. (Watch TIME's video "Consequences As Himalayan Glaciers Melt...
...opponent. State attorney general Martha Coakley seemed to take the race so much for granted that she barely bothered to campaign until it was too late. Asked by the Boston Globe about how few campaign appearances she was putting in, she made a dismissive reference to a Brown campaign video: "As opposed to standing outside Fenway Park? In the cold? Shaking hands...