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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness.   REUTERS/Philippe Wojazer

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    Time to close Business 2.0

    NEW YORK
    Wed Sep 5, 2007 12:09pm EDT

    NEW YORK (Reuters) - Time Inc. has decided to close Business 2.0, one of the last-remaining Internet and technology business magazines born during the dotcom era, according to a source familiar with the matter.

    Technology

    Time, a unit of Time Warner Inc, did not reach an agreement to sell the magazine to Mansueto Ventures, owner of rival magazine Fast Company, or to other possible buyers, the source said.

    Purchased in 2001 for about $68 million, the magazine had suffered an advertising decline and will cease publication after its October issue, a report in the New York Times said.

    John Huey, Time editor-in-chief, is expected to brief employees on Thursday. Ten employees, including editor Joshua Quittner, are expected to join Time's Fortune magazine to bolster technology coverage.

    A Time business and finance network spokeswoman declined comment.

    Mansueto's offer included requests to take over certain digital assets including the magazine's archives, which Time Inc. was unwilling to sell, the source said.



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