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Even Internet superstars fall to earth eventually. While recent reports of layoffs and other cost-cutting measures at Google have been greatly exaggerated, the search giant's culture of unbridled spending is finally coming to a halt. And that's probably a good thing. "Hard times have forced discipline on them," says Sanford Bernstein's Jeffrey Lindsay, who predicts, "They'll come back really powerfully. They can emerge as a much leaner and more competitive player...

Author: /time Magazine | Title: Even Google Gets Frugal in the Recession | 12/4/2008 | See Source »

...appears to have been for the original inhabitants of the Amazon basin. In the 16th century, Spanish explorer Francisco de Orellana wrote home describing the remarkably fertile lands he had discovered there. In the 19th century, American and Canadian geologists uncovered the reason: bands of terra preta (dark earth), which locals continued to cultivate successfully. Research revealed that the original inhabitants of the region had added charred wood and leaves - biochar - to their lands...

Author: /time Magazine | Title: Carbon: The Biochar Solution | 12/4/2008 | See Source »

Steam has long powered Icelandic dreams. Pockets of underground water heated by the earth's core may not be particularly glamorous, but tiny Iceland has spent decades figuring out useful ways to harness its heat and power, employing it for everything from baking bread to turning turbines. Geothermal power now provides cheap, clean heat to more than 90% of Icelandic homes, and generates 30% of the nation's electricity, a slice worth roughly $120 million. In recent years, as Icelanders became smitten with the idea that their ambitious banks could create a global financial center in the far north Atlantic...

Author: /time Magazine | Title: Energy: Boiling Point | 12/4/2008 | See Source »

...eliminated.” Cyberterrorism is yet another rising danger, McConnell said. “The cyber threat is the soft underbelly of the United States,” McConnell said. “The United States depends on the cyber infrastructure more than any other on Earth.” He said that the American financial system is especially vulnerable to a type of cyber-terrorism he referred to as “data destruction.” Part of the government’s plan to meet growing security challenges must include increased cooperation between different agencies that...

Author: By Emily J. Hogan, CONTRIBUTING WRITER | Title: Security Chief Talks Terror | 12/3/2008 | See Source »

Competition is intensifying. The Sahara is advancing steadily south, smothering soil with sand. Added to that - or perhaps explaining it - is global warming. In November 2006, the United Nations Climate Change Conference heard a warmer earth will put at risk the lives of 65 to 95 million Africans over the next quarter of a century, most of them in and around the Sahara. The U.N.'s predictions prompted the Intergovernmental Panel on Climate Change to declare Africa "the continent most vulnerable" to global warming...

Author: /time Magazine | Title: Weather Wars | 11/27/2008 | See Source »

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