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...digit personal identification number (PIN). Second, no personal data, including account numbers, are ever stored on the phone. And finally, all information sent between the phone and the bank has 128-bit encryption. While a cell phone virus could still circumvent such security in theory, it has yet to happen even in countries where mobile banking is already widely used...

Author: /time Magazine | Title: Banking Goes Mobile | 4/2/2007 | See Source »

...think teens' forming their own culture is healthy. I don't think all their role models are absurd (c'mon, how hot is Justin Timberlake?). I am not sure the nuclear family is a necessary condition for health. I happen to think the "media industry" is not a bad thing (we are both part of it). I think the failure of the war on drugs is a good thing...

Author: /time Magazine | Title: Debate: Are Teens in Turmoil? | 3/30/2007 | See Source »

...like spin. The implication, of course, was that Abdullah would be pleasantly surprised. But it was an implication impeded by an impossible precondition: that somehow the Saudis would first be able to get the Hamas-led Palestinian government to renounce terrorism and recognize Israel. "It's not going to happen," a member of Olmert's Cabinet told me. "Hamas is getting money and training from Iran. Its militant wing, where the real power lies, is based in Damascus. The Saudis have no influence over them." And the Israelis will have no truck with Hamas. Indeed, earlier in our interview, Olmert...

Author: /time Magazine | Title: Ehud Olmert's Moment | 3/29/2007 | See Source »

There is another grand gesture open to Olmert, but it dare not speak its name--mostly because the U.S. doesn't want it to happen. Various Israelis have been quietly talking about opening peace talks with Syria--which actually does have some power over the Palestinian extremists, since it allows the militant wing of Hamas to be based in Damascus. The deal seems obvious: Syria gets back the Golan Heights. Israel gets recognized. Hamas gets the boot. Two years ago, Syrian President Bashar Assad told me he wanted to reopen talks with the Israelis. When I asked Olmert about Assad...

Author: /time Magazine | Title: Ehud Olmert's Moment | 3/29/2007 | See Source »

...economic security in old age. We can achieve all of this. In our country's past, we rose to greater challenges: we ended slavery, won World Wars, eradicated polio, put men on the moon. The New American Story is telling us that we can, once again, make great things happen...

Author: /time Magazine | Title: A Can-Do Nation | 3/29/2007 | See Source »

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