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...read to succeed, however, media companies will need a trustworthy, easy-to-use payment platform. Common online payment methods like credit cards aren't feasible because processing fees can exceed the value of such tiny transactions. In the gaming world, the typical micropayment system allows consumers to transfer money (usually via credit or debit cards) into electronic accounts, or e-wallets, where hard cash is converted into digital currency for online purchases. There are already several companies providing micropayment services to gaming websites; Santa Clara, Calif. - based PlaySpan offers its service in 80 countries. Micropayments are also migrating to mobile...

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

...Pakistan's Media Re Aryn Baker's essay "Casualty of War" [June 1]: My newspaper, the News International, published by the Jang Group of Newspapers, has been accused of publishing rumors reported as facts, which Baker says is an epidemic in Pakistan. I take strong exception to her observation. She herself has misreported facts while referring to the News. She reports that we published an unbylined story. The fact is that we reproduced a bylined story from Fox News written by Rowan Scarborough, who is also a writer of two books. Our 1,090-word story had 657 words...

Author: /time Magazine | Title: Inbox | 6/22/2009 | See Source »

High-Level Security In your article "Casualty of War," you complain that "In Pakistan's case, sections of the media are reinforcing the nation's paranoia," [June 1]. But you don't need to go to Pakistan. There was another example in the same edition, in "Postcard: Ramallah." Israel was forced to build the wall to try and prevent what is happening in Pakistan and Iraq, where almost daily innocent people are killed. Walls in other countries are also ugly - but they protect people. Carlos Blatt, TEL AVIV...

Author: /time Magazine | Title: 21st Century First Lady | 6/22/2009 | See Source »

Connecting with voters after 12 years in government isn't easy. In a society such as Britain, where politics is a contact sport, every crunching tackle covered by a breathless and indefatigable national media, the bonds between the public and their elected leaders inevitably fray over time. But connecting with voters who believe politicians to be corrupt, venal and self-obsessed is an even taller order. And that is now Labour's task. The party has endured a long, slow decline, but its current crisis was triggered by one of the greatest press exposés of the modern...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...ensuing media frenzy led to Warren's testifying a few times on Capitol Hill, where she caught the eye of Senate majority leader Harry Reid. When asked how she ended up on Reid's short list, Warren says, "I took away from the conversation that my presence was about American families having a stake in the outcome of these powerful decisions that are being made. So I've never apologized for caring about and raising issues that relate directly to them...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

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