Word: growth
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...shockingly unsurprising move, Google CEO Eric Schmidt resigned from Apple Inc.'s board of directors today. This was inevitable, since both companies are staking their future growth on the explosion in mobile computing. So why did it take so long...
That threatens to marginalize Google, limiting its growth. The mobile world is becoming bifurcated: On one side sits the Google-dominated, browser-based Web and its related Web apps. On the other sits native applications that you download to the iPhone (and other closed-platform phones), that keep the user occupied and contained in a world that's as cut off from Google as is Facebook, another Google bête noire...
...worst records of copyright abuse [July 13]. Could it be that the corporations who are desperately clinging to their copyrights and intellectual properties, and spending billions in protecting them (mostly to the advantage of the lawyers and not the original creators), are in fact stifling innovation and economic growth in the process? Chris Patmore, LONDON...
Although the nonalcoholic sector has made merry for the past five years, future growth is far from guaranteed. The recession could force cash-strapped sippers to turn to cheaper soft drinks. (A can of Coke costs about two-thirds of a bottle of alcohol-free beer.) And despite the improvements in taste, it's unlikely that beer connoisseurs like Evans will ever become fans. "You need the roundness and fullness that alcohol brings to a beer to hold [all the flavors] together," he says...
...false alarm. Rumors had swept the trading floor that China was going to tighten money supply. That night, the central bank reaffirmed its loose monetary policy that is meant to support economic growth and pledged to refrain from imposing loan quotas to control bank lending. The next day, the Chinese banks that were said to be cutting back on credit denied they would do so. On July 31, the Shanghai index rebounded 2.7%, the biggest rise in two months; China stocks in July rose 15%, the largest monthly gain since 2007. (See pictures of China's infrastructure boom...