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...carriers have started music services. And this month, Japan's KDDI plans to offer 10,000 wirelessly downloadable tunes for $2 to $3 a track. "This really is a step forward because you get CD-quality files for the first time" via a cellular network, says Kirk Boodry, an analyst with Dresdner Kleinwort Wasserstein in Tokyo. "The potential for this service seems very strong...

Author: /time Magazine | Title: Dial M for Music | 11/1/2004 | See Source »

...Analytics, within five years, more than half of all mobile phones sold will be able to play digital music. "I wouldn't quite say music on mobile phones is shaping up to be a killer application, but I would say it's a manslaughter app," says Neil Mawston, an analyst for Strategy Analytics. Need further validation? Motorola, the world's second-largest cell-phone maker, recently announced it will include Apple's iTunes software on its next series of phones...

Author: /time Magazine | Title: Dial M for Music | 11/1/2004 | See Source »

...scrutiny, saying their country is the victim of a double standard because their ancient rival Japan is allowed to enrich uranium and separate plutonium to run reactors. "Every nation that pursues the full use of nuclear technology inevitably gets close to weapons technology," says Kim Tae Woo, a nuclear analyst at the government-run Korea Institute for Defense Analyses. "So what is wrong with that...

Author: /time Magazine | Title: Nuclear Shell Games | 11/1/2004 | See Source »

Moreover, NBC is still the cash cow of a media powerhouse that should provide its parent, General Electric, with nearly $2.5 billion in profits this year. Still, "the playing field has considerably leveled," says Leland Westerfield, a media analyst at the investment firm Harris Nesbitt. "This is NBC's first year of rebuilding, and the appearance of anything less than dominance is considered defeat...

Author: /time Magazine | Title: NBC's New Reality | 11/1/2004 | See Source »

...based Arcelor, currently the world's largest steel producer, was formed in 2002 through the merger of steel companies in Luxembourg, Spain and France. Corus emerged from the 1999 union of British Steel and Dutch firm Hoogovens. In order for steelmakers to wield sufficient clout, notes Tommy Trask, an analyst at Standard & Poor's, steel "needs to be as consolidated as the iron-ore suppliers or the end customers." Both Mittal and Wilbur Ross, the former investment banker and distressed investment specialist who helped create ISG, envisage a future where steel is dominated by as few as half a dozen...

Author: /time Magazine | Title: Steel's New Spring | 10/31/2004 | See Source »

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