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...system's power will be realized only on the 3GS, which promises to be faster and have a greater variety of bells and whistles (a compass, so that you can see what direction you're facing; a video camera and a 3-megapixel camera) that are missing on the current version. For Apple fans, the only thing that would make this week more exciting would be if Steve Jobs, who's been out on sick leave and is due back by the end of June, finally returned...

Author: /time Magazine | Title: iPhone's New Operating System: A Snappy Upgrade | 6/18/2009 | See Source »

...snoop around financial institutions that it thinks pose a systemic risk, the FDIC would get the power to take over and wind down non-banks, most over-the-counter derivatives would be forced onto exchanges, and capital requirements would be ratcheted up across the financial system. But the current alphabet soup of regulatory agencies would remain mostly in place, and there will apparently be no effort to break up too-big-to-fail financial institutions or cordon off risky financial activities from essential ones (as the Glass-Steagall Act attempted...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

...often the case in the media world, Twitter's strengths are also its weaknesses. The vast body of information about current events in Iran that circulates on Twitter is chaotic, subjective and totally unverifiable. It's impossible to authenticate sources. It's also not clear who exactly is using Twitter within Iran, especially in English. Anecdotal evidence suggests that the bulk of tweets are coming from "hyphenated" Iranians not actually in the country who are getting the word out to Western observers, rather than from the protesters themselves, who favor other, less public media. This is, after all, a country...

Author: /time Magazine | Title: Iran Protests: Twitter, the Medium of the Movement | 6/17/2009 | See Source »

...like a recurring nightmare, the current uprising has caught U.S. policymakers by surprise...

Author: /time Magazine | Title: U.S. Still Struggling to Understand Iran | 6/17/2009 | See Source »

...Pakistan is taking the fight to Mehsud's mountainous stronghold, ordering an expansion of its current offensive against Taliban fighters in the Swat valley. On Sunday night, denouncing Mehsud as "the root cause of all evils," Owais Ghani, the governor of the North-West Frontier Province, said the government has called on the army to launch a "full-fledged" military operation to eliminate Mehsud and his estimated 20,000 men. The crucial battle may prove to be the most difficult that Pakistan's military has faced on its soil in recent years...

Author: /time Magazine | Title: Pakistan Takes On Taliban Leader Mehsud | 6/16/2009 | See Source »

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