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...Apps As more consumers use their phones for snapping and sharing photos, Google's new, no-stress editing tool could soon give it a key competitive advantage in phone photography. In an interview with TIME a month before the acquisition, Picnik CEO Jonathan Sposato said developing a great, easy-to-use phone app was an important project for Picnik. By launching a feature-rich, easy-to-use app version of Picnik, Google can speed ahead in the race for phone-software supremacy...

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

...cheats, is now in tatters after Swiss courts ruled against the executive-branch deal. To get around it, a special law has been proposed to accomplish the handoff, but that may not get anywhere in the legislature either. One outcome is already known: tax evasion had become a key service of the Swiss economy, not some isolated event. "They have been outed completely because a very large chunk of their business has been shown to include people cheating on taxes," says Jack Blum, a tax-haven expert. Being "reasonably conservative," he estimates 30% of Swiss banking is related...

Author: /time Magazine | Title: After UBS, Swiss Continue to Fight for Bank Secrecy | 3/5/2010 | See Source »

...key factor determining whether sectarian warfare of one form or another will revive in Iraq is the attitude of the country's neighbors as U.S. soldiers depart. Since the fall of Saddam Hussein, Iraq has become a major battleground in the regional power struggle between Iran and Syria on the one hand and the U.S. and its Arab allies such as Saudi Arabia on the other. Right now, engagement remains the order of the day as the White House attempts to restart regional peace talks and holds open the possibility of a diplomatic solution to Iran's nuclear program...

Author: /time Magazine | Title: Sectarian Tensions Remain as Iraq Prepares to Vote | 3/5/2010 | See Source »

...estimated $58,000 to $60,000 budget cut would have eliminated instruction of all academic subjects in grades K-8 in both Portuguese and English—a key aspect of the OLA program, which aims to provide a full academic curriculum for all students to become bilingual and develop creativity and critical thinking, according to the school Web site...

Author: By Linda Zhang, CRIMSON STAFF WRITER | Title: Bilingual Immersion Program Avoids Budget Cuts | 3/4/2010 | See Source »

...favorite moment in Barack Obama's recent health care summit came when Senate majority leader Harry Reid surgically exposed the emptiness of a key Republican debating point, using the classic political tactic of jujitsu: he allowed the force of the opposition's argument to carry it into the abyss. Senator Tom Coburn of Oklahoma, an obstetrician, had delivered a passionate - and seemingly well-informed - statement about the need for medical-malpractice reform. "O.K., Senator, you win," Reid responded. "Look, we Democrats don't see malpractice the same way you do. Our traditional supporters among the trial lawyers hate...

Author: /time Magazine | Title: Democrats on Health Care: Their Own Worst Enemy | 3/4/2010 | See Source »

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