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...corporate showdown. Years ago, N.J. Nicholas Jr., then the co-CEO of Time Warner (TIME's parent company), was vacationing in Vail when he was summoned by the board. Nick was about to become the ex-co-CEO, having lost a power struggle to Gerald Levin, the man who would later sell the company to AOL. (That worked well, didn't it?) Nicholas declined. He knew the game was over. He got on the lift instead. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: The Deeper Truth About Thain's Ouster from BofA | 1/25/2009 | See Source »

Michael Sheen has been leading a double life. The Welsh actor has built his aboveground rep impersonating glad-handing Brit public figures: Tony Blair in The Deal and The Queen, David Frost in Frost/Nixon. Simultaneously, and subterraneanly, he's also been a wolf-man: Lucian, the half-breed in the Underworld thrillers, whose first two installments, from 2003 and 2006, grossed about $200 million worldwide. It's entirely possible that no single moviegoer has seen both the smooth Sheen and the hairy Sheen - the one in the Savile Row suits and the one who's spent enough time...

Author: /time Magazine | Title: Underworld 3: Me No Lycan | 1/23/2009 | See Source »

...climax, someone tells Lucian that it's finally over. "No," he insists, "this is just beginning." Is that a promise or a threat? The weekend box office will determine the fate of the Underworld series - and whether Sheen continues as his wolfish man-god or goes on to make the planned sequel to The Queen, in which Tony Blair hooks up with Bill Clinton. Now, if he were to play Blair as the lapdog to George W. Bush, that would be a horror comedy to cherish...

Author: /time Magazine | Title: Underworld 3: Me No Lycan | 1/23/2009 | See Source »

...photos and videos crushing a cat underfoot was located based on details gleaned from the images. She was vilified online and eventually lost her job. These digital tar-and-featherings have been criticized as invasions of privacy and have even sparked lawsuits. Earlier this month, Wang Fei, a Beijing man whose wife committed suicide after discovering his infidelity, won a lawsuit against a friend of his wife's. The friend had posted Wang's personal information from the wife's journal discussing his affair, setting off intense criticism that caused Wang to lose...

Author: /time Magazine | Title: China's 'Netizens' Take On the Government | 1/23/2009 | See Source »

...government's sights as early as September and October after his blogposts predicted the fall of U.S investment bank Lehman Brothers as well as the won's decline. Minerva had become such a sensation during the global financial meltdown that Korea's Minister of Strategy and Finance, Kang Man Soo, weighed in, saying he hoped to furnish the blogger with more economic facts so he would trust the government. (See 10 things to do in Seoul...

Author: /time Magazine | Title: Seoul Cracks Down on an Internet Financial Guru | 1/22/2009 | See Source »

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