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...bankruptcy, along with Chrysler's, will certainly help drive down the U.S. market share of the Big Three and open the door further to nimble and more well-funded competitors, including Toyota (TM), Honda (HMC), Nissan and Hyundai. It would be surprising if Detroit has only a 30% share of the U.S. car market by the time vehicle sales recover even modestly, probably in 2011. (See pictures of Detroit's decline...

Author: /time Magazine | Title: GM Prepares for Bankruptcy | 5/27/2009 | See Source »

...fewer, it has become one of the largest platforms in the world for sharing real-time data. A number of large businesses and celebrities have hundreds of thousands of followers on Twitter. This includes personalities like Oprah and Ashton Kutcher. JetBlue (JBLU), Whole Foods (WFMI) and Dell (DELL), along with other multinational corporations, are among the most followed names on the service. (See the top 10 celebrity Twitter feeds...

Author: /time Magazine | Title: The Future of Twitter | 5/27/2009 | See Source »

...vestibular system in the inner ear is made up of three semicircular canals and two otolith organs that continuously send messages to the brain about the head's rotation and motion as well as its orientation relative to gravity. Humans keep their balance using the vestibular system's signals, along with visual cues and touch sensations. When the inner-ear signaling process is disrupted, it directly affects a person's ability to maintain equilibrium...

Author: /time Magazine | Title: Many Elderly Falls Due to Inner-Ear Imbalance | 5/26/2009 | See Source »

...market-research firm estimates the worldwide GPS market will total $75 billion by 2013. Scientists are continually finding new uses for GPS, as well. Meteorologists gauge wind speed and other variables by measuring satellite signals as they pass through the atmosphere; geologists study earthquakes using GPS receivers placed along fault lines; and technicians synchronize computer networks for everything from power grids to financial networks using the satellite signals' precise timing...

Author: /time Magazine | Title: GPS | 5/26/2009 | See Source »

...daily Nezavisamaya Gazeta. "We all understand what a difficult situation our country, our economy, is in," Medvedev said as he announced that budget expenditures would exceed revenues for the first time in 10 years. He said the government would move "to a strict regime of saving budget resources" along the lines championed by bearish Finance Minister Alexei Kudrin. (See pictures of Putin...

Author: /time Magazine | Title: Medvedev's Grim View of Russia's Economy | 5/26/2009 | See Source »

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