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...turbulent economy in the history of aviation. Air France ordered a dozen of the $300 million aircraft in 2000, when the economic forecast called for steady growth. By the time Air France took delivery nine years later, the industry was on its knees and the big-spending investment bankers whose business- and first-class tickets make up the bulk of airline profits had largely evaporated...

Author: /time Magazine | Title: Can the A380 Bring the Party Back to the Skies? | 11/23/2009 | See Source »

Still, some viral stars, like Tsui, are proceeding with caution. ("I would like to eventually be known as more than just that guy on YouTube," he says.) For two years, Irena Schulz has been fielding media offers for Snowball the cockatoo, whose Backstreet Boys dance has been seen nearly 3.3 million times. The former molecular biologist in Dyer, Ind., chooses shows for her bird carefully and has drafted legal agreements to make sure he'll be portrayed in a positive light. But despite appearances on The Late Show with David Letterman and Good Morning America, she says viral videos aren...

Author: /time Magazine | Title: YouTube Effect: Making Money from Viral Videos | 11/23/2009 | See Source »

None tougher than finding a second act. The New Zealand family of diaper-clad tot Cory Elliott - whose bobbing to Beyoncé's "Single Ladies" has garnered 4.3 million views since January - acted fast by grabbing the domain SingleBabies.com and lining up a greeting-card site as a sponsor. But Cory's dad Chester says he has hopes to branch out beyond Beyoncé. "I'm sure with the moves I've seen [Cory] pull, we'll get something pretty good," Elliott says. "He just always does them when I don't have a camera...

Author: /time Magazine | Title: YouTube Effect: Making Money from Viral Videos | 11/23/2009 | See Source »

...online by its December 2009 deadline. (The reactor was first scheduled to begin producing electricity in the year 2000, and has been delayed five times since then.) Moscow has further annoyed Tehran by stalling on the delivery of the sophisticated S-300 air defense system ordered by Iran, whose deployment would make life difficult for any air force to attack the Islamic Republic. (See pictures of IAEA Director Mohamed ElBaradei...

Author: /time Magazine | Title: The Next Round of the U.S.-Iran Nuclear Face-Off | 11/20/2009 | See Source »

...Critics, however, deride the new measures as toothless and say tackling the problem requires serious structural reforms. Former St. Petersburg police investigator and prominent crime journalist Yevgeny Vyshenkov compared Nurgaliyev to a collective farm owner whose chickens keep dying mysteriously. "To fix the situation, his great idea is to have the chicken troughs made in the shape of a triangle, but the chickens keep dying," Vyshenkov said. "Then he has the troughs made in the shape of a rectangle, but the chickens keep dying. Then a worker tells him all the chickens have died, and the owner says: 'What...

Author: /time Magazine | Title: Russia's YouTube Craze: Exposing Police Corruption | 11/20/2009 | See Source »

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