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...enormous discount that initially pained Greenstone - until sales took off. "The incredible sales volume has more than made up for the drop in price," he said. "I initially thought we might sell 20,000 copies of Enigmo over its lifetime on the iPhone, but we've already done almost 500,000 just in five months." That's $1.8 million in sales, according to Greenstone. Cro-Mag Rally, another Top 10 title from Pangea, has sold nearly 450,000 copies, he said, adding that he's no longer developing for the Macintosh desktop market and is focusing exclusively on the iPhone...

Author: /time Magazine | Title: What Makes a Best-Selling iPhone App? | 12/4/2008 | See Source »

...Benevolent Manufacturing State achieved its full glory in the postwar period, a largely supply-driven era when Detroit could sell almost everything it made and could afford to give the United Auto Workers (UAW) most of what it wanted. From Linden, N.J., to Lorain, Ohio, to Long Beach, Calif., to be an autoworker was to have it made; to be an auto executive was to have made it. Detroit, says John Plant, the thoughtful CEO of partsmaker TRW, was about more than just industry: "It's the largest experiment of social re-engineering that any country has ever undertaken...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

Unlike the hearings last month, though, when Congress presented a nearly united, hostile front against the Big Three, the fight Thursday was not so much over whether Washington should let them fail; almost all the witnesses and lawmakers agreed that would be like "playing Russian roulette with the economy," as Senate Banking Committee Chairman Chris Dodd put it. But that didn't mean there was anything like a consensus on how to handle the urgent request for a total of $34 billion in bridge loans - $7 billion for Chrysler, $9 billion for Ford and $18 billion for GM. Democrats...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

When we refer to media at Common Sense, we're talking about everything from Internet and cell phones and video games and social networking sites to traditional media like movies, TV, music and books. What we found in these studies, however, is that there's almost no research on new digital media, on social networking platforms, on Internet usage, on how kids text message. That's one of the conclusions we draw in this report. There's a tremendous need from a public health standpoint to do research on these areas, because they will affect public policy and basic good...

Author: /time Magazine | Title: Why Media Could Be Bad For Your Child's Health | 12/4/2008 | See Source »

...they got the help they need, though that may not satisfy critics who claim the companies need entirely new management. More significantly, GM has pledged to consolidate its sprawling number of brands (focusing on Chevrolet, Cadillac, Buick and GMC), cut more than 20% of its remaining jobs, shutter almost a quarter of its factories and try to reduce crippling labor costs by reopening negotiations with the United Auto Workers. Ford, in its plan, stated that it would roll out all-electric models within two years...

Author: /time Magazine | Title: The Auto Bailout May Wind Up on Obama's Plate | 12/3/2008 | See Source »

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