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SmithBayes put its own software to use when it picked a subscription-based business model instead of licensing the technology or setting up a consultancy. Most clients start with an initial yearly package costing around $200,000. That's not cheap, but Williams calls it good value considering it helps clients place strategic bets worth millions. Sectors constantly affected by uncertainty and flux may find it most useful: think telecoms, oil companies, traders, insurers and betting companies. Firms that toil in steady environments may be less interested, but, as Williams points out, "there seem to be fewer and fewer...

Author: /time Magazine | Title: Very Rapid Response | 11/12/2006 | See Source »

DIED. Markus Wolf, 83, suave spymaster known as the "man without a face" for his ability to elude photographers during most of his 34-year reign over the foreign-intelligence division of the Stasi, East Germany's dreaded secret police; in Berlin. Rumored to be the model for John le Carr's shadowy Karla (a suggestion the author has denied), Wolf placed his 4,000 spies in such enemy territory as NATO headquarters, cannily converted West German agents to his team, and famously touted the "Romeo method"--the wooing of lonely government secretaries to gain access to confidential files. Among...

Author: /time Magazine | Title: Milestones Nov. 20, 2006 | 11/12/2006 | See Source »

...role in Labor's strategy group is to cost proposed election promises and find existing programs that can be cut. As well, Tanner and others have stripped out those parts of the a.l.p. platform that were closely identified with former leader Mark Latham (such as the deeply flawed funding model for schools and the health-care money pit known as Medicare Gold...

Author: /time Magazine | Title: Beazley Declares It's Time | 11/12/2006 | See Source »

...disc with Renoir's son, with the film's set designer and with one of its stars, Mila Parely, as well as British and French TV documentaries about the director. The audio commentary written by film scholar Alexander Sesonske and read by director Peter Bogdanovich is a model...

Author: /time Magazine | Title: A Criterion Top 10 | 11/10/2006 | See Source »

...refer to it as “the” McMansion because there is really only one version sold. Designed (roughly) as a one-fiftieth scale model of the palace of Versailles, with a few elements taken from Cinderella’s Castle, the same McMansion is found all the way from Detroit to Dubuque, and everywhere in between...

Author: By Charles R. Drummond iv | Title: The Ugly Housing Bubble | 11/8/2006 | See Source »

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