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...briefcase or handbag and offer basic computing tasks, such as Web browsing - are the prime case in point. Netbooks are cheap, and with new, high-efficiency processors on the scene, they will likely get more powerful, and cheaper still. So while unit volume is improving for tech companies, the actual revenue they bring in continues to decline. Sales data from the market-research firm NPD shows that in the U.S., technology unit sales were up 10% in May on a year-over-year basis. However, revenues declined 11% over the same time period. "Most of the unit growth is fueled...

Author: /time Magazine | Title: Tech Sales Up for Netbooks, but Not the Big Stuff | 6/23/2009 | See Source »

...custody case where a mom assured the court that she hadn't been drinking," recalls the Missouri-based attorney. "But her MySpace page had actual dated photos of her drinking - and smoking, which is also of interest." In another case, a mom had listed herself on a dating site as single with no kids, which Cordell's firm used to cast doubt on her truthfulness...

Author: /time Magazine | Title: Facebook and Divorce: Airing the Dirty Laundry | 6/22/2009 | See Source »

...finally, taxpayers "have a seat at the table." If this sounds like advocacy, that might be exactly what Democratic Party bosses had in mind when they selected her. Since a special inspector general was also appointed to investigate Treasury's actions, Warren's oversight panel was left with little actual power. But it performs a much more public function. Though some of the panel's reports have been less than revelatory, there have been some worthy and newsmaking insights, like the suggestion that for every $100 Paulson spent buying stakes in troubled banks, the government received assets worth only...

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

...strands of statistics and pro-market ideology came together in the mid-1960s. It was the great MIT economist Paul Samuelson who made the case mathematically that a rational market would be a random one. But Samuelson didn't share Friedman's political views, and he never claimed that actual markets met this ideal. It was at Chicago that a group of students and young faculty members influenced by Friedman's ideas began to make the case that the U.S. stock market, at least, was what they called "efficient...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

...some officials initially thought it was an assassination attempt triggered by a cell phone. As it turned out, the fireball was more likely the result of two trains' colliding nearby, possibly as a result of miscommunication about changed schedules stemming from Kim's clandestine travels. But regardless of the actual cause, that still mysterious incident, which killed or injured 1,300, persuaded Kim to temporarily shelve plans for extending cell-phone coverage beyond the 20,000 wireless phones registered in the country at the time...

Author: /time Magazine | Title: North Korea Tries to Ramp Up Tech Infrastructure | 6/22/2009 | See Source »

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