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...This growing soft power of China was strengthened by the 2008 Olympics extravaganza, and the Shanghai Expo next year will similarly dazzle. The 60th anniversary celebration in Beijing on Oct. 1 will impress, if not frighten, the world with an arresting display of military hardware and goose-stepping soldiers. Less visible is the fact that China is the first major economy to recover from the global recession and, indeed, is leading the world out of it. (Read "Mission Accomplished. Now What...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

Speaking to the Times this year - and echoing what he told the Guardian staff and some 1,000 techies at the 2008 Future of Web Apps Expo in London - Huh said the key to making a site take off is connecting it to a cultural phenomenon. I Can Has Cheezburger?, for instance, pokes fun at an oft-maligned, inscrutable household pet, appealing to cat lovers and others. (Huh is allergic.) FAIL Blog has helped popularize fail as both a noun and an exclamation, not to mention an easier-to-spell synonym for schadenfreude. Another site, This is Photobomb, gives...

Author: /time Magazine | Title: Building a Media Empire Around I Can Has Cheezburger | 8/24/2009 | See Source »

That is true even of Sheldon Adelson, who has lost more during this recession than anyone else on the planet. The 76-year-old chairman of the Las Vegas Sands Corp., which owns the Venetian hotel, the Sands Expo and Convention Center and the Venetian Macao, was in 2007 and '08 the third richest person in the world, with - by his estimate - a net worth of $40 billion. By February of this year, he said he had lost $36.5 billion - more than the GDP of half of the countries in the world. In the years before that slide, banks were...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

Unless you're in the market for a pair of modestly priced loafers, Marikina Shoe Expo may not sound like a promising destination. But while you can always visit for bespoke leather brogues or inexpensive PVC pumps, this U-shaped compound, nestled in Manila's sprawling Cubao district, offers more than just footwear. Built in the 1970s, at the behest of the Philippines' footwear-loving former First Lady Imelda Marcos, who wanted to promote local shoemakers, it seemed on the brink of dereliction when its original tenants began to close down due to cheap Southeast Asian competition. Rents plummeted...

Author: /time Magazine | Title: The X Factor: Manila's Footwear Expo | 8/12/2009 | See Source »

...Angeles Stalking the Wii In a bid to combat Nintendo's Wii--the best-selling game console since 2006--Microsoft and Sony announced motion-based controls of their own at this year's Electronic Entertainment Expo (E3). Sony's wireless wand emits light tracked by a camera, while Microsoft's Project Natal eliminates the controller entirely, using a 3-D system to detect a player's body movements. Don't rest your thumbs yet: Sony's device won't be available until 2010; Microsoft has yet to set a release date...

Author: /time Magazine | Title: The World | 6/15/2009 | See Source »

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