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...this could change now that Microsoft's competitors will have greater access to consumers. New features and applications are always being introduced in the mobile-computing market, for example, where no dominant operating system exists. "With real browser choice, we expect innovation to take off," says Graham Taylor, the chief executive of OFE. (See pictures of Microsoft's Project Natal in action...

Author: /time Magazine | Title: In E.U. Deal, Microsoft Allows Rival Browsers | 12/17/2009 | See Source »

...Administration announced earlier this year that the long-range Iranian threat isn't advancing as quickly as once feared. Recent U.S. intelligence assessments have concluded that "the threat of a potential Iranian ICBM had been slower to develop than previously estimated," Ellen Tauscher, the State Department's arms-control chief, told Congress. Some intelligence estimates say an Iranian ICBM might not happen until 2020. That assessment prompted the President, with Pentagon support, to scrap a land-based interceptor system based in Poland and the Czech Republic and instead to deploy ships capable of shooting down the short- and mid-range...

Author: /time Magazine | Title: The Pentagon Prepares for a Missile Attack from 'Iran' | 12/17/2009 | See Source »

...shoot-down window means the interceptor will have to work more quickly to do its job. "Whenever we have a situation where we're taking on a missile more head-on than from the side, that increases the challenges," Army Lieut. General Patrick O'Reilly, the U.S. missile-defense chief, told a defense gathering sponsored by Reuters on Monday. The test is expected to send an interceptor missile from Vandenberg Air Force Base in California at a fake Iranian missile, fired from the Marshall Islands. (Read "A Brief History of Missile Defense...

Author: /time Magazine | Title: The Pentagon Prepares for a Missile Attack from 'Iran' | 12/17/2009 | See Source »

...head of the world's most profitable bank is oddly pedestrian. Lloyd Blankfein, Goldman Sachs' chief executive, is a movie buff and a bad dresser. He loves gambling in Vegas. He grew up poor and used to be an overweight two-packs-a-day smoker. So when his firm's rapid return to megaprofits this year ignited claims that Goldman Sachs had engineered the financial crisis so it could profit from it, Blankfein seemed the perfect man to explain why his firm - and indeed all of Wall Street - was not a band of élitist capitalist vampires but instead...

Author: /time Magazine | Title: TIME's People Who Mattered 2009 | 12/17/2009 | See Source »

...election (she had won three times for an at-large city council seat and three times to serve as the city's controller). Parker did not make her personal life an issue, running on a platform of fiscal conservatism, budget discipline and a promise to hire a new police chief who would translate some of the large police-budget increases into actual cops on patrol. (See the top 10 news stories...

Author: /time Magazine | Title: What Houston's Gay Mayor Means for Texas | 12/16/2009 | See Source »

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