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...that could be substantial for either one or both of them, which is providing software and search on mobile devices. The smartphone, which is really a PC for the pocket, is part of the one-billion-units-per-year-in-sales handset industry. Providing the operating software and other key components for wireless devices is almost certainly the next big thing for tech companies from Google to Yahoo (YHOO) to Microsoft to Adobe (ADBE). Trying to milk more money out of the PC gets harder and harder. For the largest companies in the industry, it has become a zero...

Author: /time Magazine | Title: As Google's Growth Falters, Microsoft Could Regain Momentum | 4/1/2009 | See Source »

...impatience of members of the upper chamber, since the Senate will most likely wait for the House to act rather than draft its own bill. And there remain many holes to be filled in the House bill. The Waxman-Markey bill, for instance, doesn't tackle nuclear power, a key issue for Republicans. And it doesn't set specific timetables for greenhouse-gas reductions or address international concerns about how the U.S. would handle climate change across borders...

Author: /time Magazine | Title: Congress Launches Opening Gambits on Global Warming | 4/1/2009 | See Source »

...April 16. That meeting will be a dress rehearsal for the Prime Minister's trip to Washington in May for talks with President Barack Obama and Secretary of State Hillary Clinton, who are pushing for the creation of a Palestinian state in the West Bank and Gaza as a key to a wider peace in the region. (See pictures of heartbreak in the Middle East...

Author: /time Magazine | Title: Israel's New Leader: Can the U.S. Work with Netanyahu? | 4/1/2009 | See Source »

...London this week want a quick lesson on how economic booms can turn into busts and how grandiose bets on real estate plays can get you into trouble, they would do well to learn the lesson of their surroundings. The summit of leaders from 19 of the world's key economies will be held in London's docklands, just east of Canary Wharf, a real estate megaventure conceived on industrial wasteland in Britain's go-go 1980s. By the time the first part of the project was completed in the early 1990s, Britain was in a deep economic slump...

Author: /time Magazine | Title: The G-20 Summit: Can This Group Save the World Economy? | 3/31/2009 | See Source »

...economy is now so intertwined that a collapse of a financial institution in one country can have a knock-on effect around the world. The summiteers will discuss global regulation not just of conventional commercial banks, but also of other parts of the financial system like hedge funds - a key European demand. They probably won't get far - this time...

Author: /time Magazine | Title: The G-20 Summit: Can This Group Save the World Economy? | 3/31/2009 | See Source »

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