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...software start-ups that make it easy to edit documents, spreadsheets and presentations online. Now Schmidt and Co. have added the best available photo-editing tool. Strategically speaking, you might think of it as a carefully orchestrated effort to gradually sideline Microsoft's lumbering desktop software suite. To that end, Picnik will bolster Google's launch of its new Web-oriented Chrome operating system later this year. "The consumer market is evolving into a model where every useful or interesting application starts with a login to the cloud," says Nat Burgess, president of the Corum Group, an M&A advisory...

Author: /time Magazine | Title: Google's Acquisition Binge: Why It Bought Picnik | 3/5/2010 | See Source »

...companies in the euro zone who, like us, really feel the effects when the rates rise above the $1.25-to-$1.30 range," says Philippe Lafaure, president of LCL Technology, a Toulouse-based producer of wireless embedded electronic systems that does about 90% of its sales in exports. "In the end, a lower euro translates into lower prices, which is good for our business and all exporting companies in the euro zone...

Author: /time Magazine | Title: Europe Looks to Export Boost from Weak Euro | 3/5/2010 | See Source »

...priced American exports would be more affordable abroad. Debt-spooked markets are now reversing that - something that could over time take the currency closer to the $1.15-to-$1.20 range that experts say is its true value. "The return to a euro-dollar balance of under $1.30 by the end of the year now seems possible," French bank BNP Paribas recently reported. Of course, those bargain American vacations Europeans have become used to taking just got a lot more expensive...

Author: /time Magazine | Title: Europe Looks to Export Boost from Weak Euro | 3/5/2010 | See Source »

...you’re done! Proportions may vary, but the end product is a fruity drink with only a hint of that harsh alcoholic taste. For a virgin version of the drink, try replacing the vodka with a vanilla flavored beverage of your choosing. Of-age drinkers should enjoy this cocktail in warm weather for the complete tropical experience. Alternatively, you can sit in front of a heater and pretend it’s not 30 degrees outside. Enjoy...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: The Crimson Cocktail: Upside-Down Pineapple Cake | 3/5/2010 | See Source »

...epicenter of African-African culture - into a political mecca, its pull strong enough to entice former President Bill Clinton to base his foundation headquarters on the district's main thoroughfare of 125th Street. But with Rangel, 79, giving up his gavel, the Paterson era in Albany lurching toward an end and Dinkins having long since stepped away from the scene, Harlem's political might has diminished. (See the top 10 political gaffes...

Author: /time Magazine | Title: Rangel, Paterson and the Fall of a Harlem Dynasty | 3/5/2010 | See Source »

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