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...biggest announcement in a weeklong speed blitz for Google. In a Feb. 9 Op-Ed in the Washington Post, Google chairman and CEO Eric Schmidt called for faster Internet connections as a way of narrowing America's "innovation deficit." And on Feb. 11, Google launched a Speed Dashboard as part of YouTube, designed to let users compare the performance of their Internet connections to those of other providers in their neighborhood and around the world. Think your neighbors have faster Internet than you? Now you can confirm your suspicions and weigh up whether it's worth it to switch providers...

Author: /time Magazine | Title: Why Google Wants a Faster Internet | 2/15/2010 | See Source »

...sense of urgency may finally be hitting home. "Greeks have realized, in the last 40 days, that this is no joke," says Eftichios Vassilakis, vice chairman of Aegean Airlines, Greece's largest air carrier. "We are at a critical moment. Some like to say that Greeks respond best when we're at the edge of the cliff. Well, we're definitely at the edge of the cliff." Some Greek business leaders hope that the medicine, though bitter, will produce a healthier economy. "The crisis was inevitable," says Ioannis Kamatakis, CEO of MLS Multimedia, a technology company that produces GPS systems...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

...unusually high $70 daily casino entrance fee, or $1400 for an annual pass, being imposed on local visitors will be one of the casinos biggest obstacles. "The entry levy is meant to signal that gambling is an expense, not a means to make a living," explains Lim Hock San, Chairman of the National Council on Problem Gambling. "It discourages impulse gambling." Though betting on horse races is allowed in Singapore, the government strictly controls other forms of gambling, one of the reasons it plans to allow only two casinos to operate on the small island. The families of gambling addicts...

Author: /time Magazine | Title: With Casinos Set to Open, Singapore Rolls The Dice | 2/13/2010 | See Source »

...Miami, the IOC made little progress in drafting concrete guidelines to help sports federations handle athletes with what some doctors call "disorders of sex development" (DSDs). But it did recommend establishing "centers of excellence" around the world that would be equipped to treat athletes with DSDs. IOC medical commission chairman Arne Ljungqvist says the centers would offer everything from hormone therapy to surgery...

Author: /time Magazine | Title: The IOC Grapples with Olympic Sex Testing | 2/11/2010 | See Source »

...firm that needed a lifeline at the height of the financial crisis, many former Merrill Lynch executives have ended up in what most of us would consider to be lucrative jobs. Last June, top Merrill Lynch investment banker George Young was hired by Lazard to be a vice chairman of its U.S. investment bank. Lazard paid its employees an average of $505,000 in 2009, slightly more than Goldman Sachs. Young, most likely, got considerably more. Thain, for his new job, will be getting an annual salary of $6 million, of which $500,000 will be in cash...

Author: /time Magazine | Title: Merrill Lynch on Your Résumé? No Problem | 2/9/2010 | See Source »

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