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Here's why. At no other time in recent history has it been easier or cheaper to start a new kind of company. Possibly a very profitable company. Let's call these start-ups LILOs, for "a little in, a lot out." These are Web-based businesses that cost almost nothing to get off the ground yet can turn into great moneymakers (if you work hard and are patient, but we'll get to that part of the story...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

...Graham said that the recession notwithstanding, he's seeing as many people starting companies now as he did a year ago. That's because over the past five years, as broadband connections to the Net became as commonplace as electricity, the model for launching a Web company changed...

Author: /time Magazine | Title: The New Internet Start-Up Boom: Get Rich Slow | 4/9/2009 | See Source »

Eric Moe, a 35-year-old trumpeter from Spokane, Wash., who made the final cut, says it's essential for musicians to be techno-savvy. Moe, who filmed his audition in a church, experimented with several laptops and Web cameras before creating a video he was happy with. He compares the YouTube audition process to online dating: you don't know if you're actually going to meet the person or what he or she is really like...

Author: /time Magazine | Title: How Do You Get To Carnegie Hall? | 4/9/2009 | See Source »

...Cambridge NAACP, who added that she thought the decision was insulting. “All she’s good enough to be is an assistant?” Over a third of students in Cambridge public schools are black, according to the district’s Web site. Some parents at the meeting said they thought race was a significant issue in selection process. Renae D. Gray, whose children graduated from the city’s public schools, pointed out that racial minorities have limited representation on the school committee. Simmons is the body’s only black...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: Young Selected To Head Schools | 4/8/2009 | See Source »

There's a quiet revolution underway at the CIA and its sister agencies. A new generation of analysts, determined to drag their Cold War-era colleagues into the world of Web 2.0 information-sharing, have created Intellipedia, a classified version of Wikipedia they say is transforming the way U.S. spy agencies handle top-secret information by fostering collaboration across Washington and around the world. Rolled out in 2006 to skeptical veterans at CIA headquarters in Langley, Va., Intellipedia has grown to a 900,000-page magnum opus of espionage, handling some 100,000 user accounts and 5,000 page edits...

Author: /time Magazine | Title: Wikipedia for Spies: The CIA Discovers Web 2.0 | 4/8/2009 | See Source »

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