If that's OK vis-a-vis FR policy, then please disregard this obervation, otherwise, I would request that for accuracy sake, please replace the edited content with actual excerpting, or, place a note pointing out that the content is edited from the original.
I'm not trying to be a fussbudget (I've never left a comment like this in my several years here!), but I worry that in addition to people reading something they think is an actual excerpt from the article (and thus NOT clicking to read the actual article, and seeing very much different text), there might very well be some liability exposure via Time Magazine getting huffy over their article being "rewritten and published."
Note: I am not a lawyer, but I've paid enough thousands to 'em over the years that I've learned to be very wary of invoking risk.
Fussbudget.
Kidding!