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...quickly agreed that there was a great market opportunity for a new instant film," remembers Kaps, who switched tracks after getting a biology Ph.D. to enter the retro-photography business. First he worked as an executive with the Lomographical Society, founded in Vienna in 1992 to celebrate the Russian Lomo camera, a very basic snapper that conquered some bohemian corners of the West after the fall of the Berlin Wall. Then, four years ago, Kaps fell in love with Polaroid and founded a company specializing in selling equipment for analog instant photography. An official partner of Polaroid, the company still...

Author: /time Magazine | Title: After Polaroid, Keeping Instant Photography Alive | 7/21/2009 | See Source »

...Building on his growing empire - Kaps also runs Polanoid.net, the Web's biggest Polaroid community, and the Polanoir gallery Polanoir.com in Vienna - Kaps is hoping a new instant camera will go on the market in 2010, to be built by a partner company (he won't reveal which just yet). "It will be high quality rather than a mass product, with a good lens and manual focusing," he says...

Author: /time Magazine | Title: After Polaroid, Keeping Instant Photography Alive | 7/21/2009 | See Source »

...Shin Sang-ok, then perhaps the most famous film producer in the South, and his wife, Choi Eun-hee, a famous actress. Shin was imprisoned for four years, then forced to make a socialist-friendly version of Godzilla. He and his wife eventually escaped during a business trip to Vienna in 1986. Shin died...

Author: /time Magazine | Title: Jailed U.S. Reporters: Business As Usual for North Korea | 6/8/2009 | See Source »

...because the recession has prompted producer nations to freeze hundreds of projects to open new oil wells or upgrade existing ones. In the oil-rich Niger Delta, a major Nigerian government offensive against rebels has seriously disrupted production for several weeks. Venezuela's Oil Minister Rafael Ramirez said in Vienna that his country could not afford to invest in major new oil exploration unless prices rise further. "We need a level of at least $70 [a barrel] to recuperate investment," he said on Thursday. Muhammad-Ali Zainy, senior energy analyst at the Center for Global Energy Studies in London, says...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

...Naimi - OPEC's key power player - said Wednesday that oil prices ought to rise to between $75 and $80 a barrel by the end of the year. "Demand is picking up, especially in Asia," he told reporters puffing alongside him as he jogged through the streets of Vienna. "The price rise is a function of optimism that better things are coming in the future...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

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