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...more robust 40% to 50%. That's partly because customers seem to prefer not being locked into playing just one or two online games by stiff up-front charges and subscriptions. And, freed from paying a set fee each month, some players actually end up spending more. Four years ago, Shanda Interactive Entertainment, China's biggest online-game developer, ditched subscriptions for the freemium model and turned around its sagging fortunes. Kristian Segerstrale, CEO of London-based social-gaming site Playfish, says micropayments work because online games aren't a product, they're an ongoing service. "It's nonsensical...

Author: /time Magazine | Title: One Drip at a Time | 6/22/2009 | See Source »

...According to Klinefelter's research, teens are making fewer trips to the store; teen spending on fashion products fell 13% this spring. Only 35% of the teens Piper Jaffray surveyed had part-time work this spring, compared with 50% four years ago. "Teens definitely have much greater awareness of what's going on around them now than they did eight years ago," says Klinefelter. "They're seeing the news on their computers and cell phones, and are very aware that we're in a recession." (See the top 10 business deals...

Author: /time Magazine | Title: How to Reach Teens in a Recession? Ask Aéropostale | 6/21/2009 | See Source »

...student also noted that, based on first-hand accounts, many people in Iran also do not know what will emerge from the unrest. Unlike the Islamic Revolution 30 years ago when Iranians were eager to depose the Shah, this time around many protesters do not have a concrete goal, says the student...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: Protests Bring Hope, Concern for Harvard's Iranian and Iranian-American Students | 6/21/2009 | See Source »

...girlfriend of two years. Also making waves was the publication of former Milwaukee Archbishop Rembert Weakland's memoir detailing his life as a closeted gay man within the church and the loneliness that drove him to pursue a sexual relationship with another man. Weakland, who stepped down seven years ago when he turned 75, the age when priests typically submit letters of resignation that the Church may or may not accept, is the highest-ranking Catholic leader to publicly reveal his homosexuality...

Author: /time Magazine | Title: Sex and the Priestly: Father Cutie Renews Celibacy Debate | 6/21/2009 | See Source »

...night, Aysar Jaber listens to her 11-year-old son scream in his sleep in the family's Phoenix apartment, plagued by nightmares about violence in his native Iraq. Jaber has nightmares of her own. Job applications have gone unanswered. Government assistance ran out months ago. Her husband found work washing dishes, but it's not enough. Each month, she pays $828 in rent for their two-bedroom apartment, then decides whether the family has money left over for soap. Nine months after her family resettled as refugees, Jaber, 41, said she worries constantly about eviction...

Author: /time Magazine | Title: Iraqi Immigrants: Refugees in a Land of No Opportunity | 6/19/2009 | See Source »

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