Word: coversations
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Microsoft, the other big-time company that, like Google, already has the technology available to implement a pay wall, also proposes aggregating information from several news sources in one pay-to-play location. The company's proposal emphasizes user preferences and aims to make the content accessible from any device...
See pictures of TIME's Wall Street covers.
See TIME's health and medicine covers.
On Tuesday, the cash-depleted FDIC hatched a plan to require banks to prepay three years of quarterly fees. The FDIC expects to quickly generate $45 billion in cash, an amount it normally would've had to wait years to get its hands on. But in a quirk of accounting...
"It all works out nicely if the prepayment actually covers what the FDIC needs for the next three years," says veteran bank analyst Ed Narjarian of the ISI Group. "But more than likely, the FDIC is going to be back for more before the three years are out."