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...Intel's fine is the largest ever by the Commission, dwarfing the previous record of $675 million (at current exchange rate) on Microsoft in 2004. However, the Microsoft fines grew to $1.16 billion last year because the software giant failed to comply with the original 2004 ruling. (See pictures of the dangers of printing money in Germany...

Author: /time Magazine | Title: The Chips Are Down: Intel's $1.45 Billion Fine | 5/13/2009 | See Source »

Even Middle Eastern Christians have given up looking to the likes of the Pope for help. In Lebanon, the Middle Eastern nation with the largest concentration of Christians, roughly half of the country's Christians have broken away from their traditionally pro-Western leadership, forming a political alliance with Hizballah, the Shi'a Muslim anti-Israeli militant group. The leader of these breakaway Christians, a populist former general named Michel Aoun, is betting that the only way to secure a Christian future in Lebanon is to look east toward the rising power of Shi'a Islam. It may seem...

Author: /time Magazine | Title: Why Mideast Christians Are Wary of Pope Benedict's Visit | 5/11/2009 | See Source »

...18th Street Gang, Mara Salvatrucha (MS-13), Mexican Mafia, Nortenos, Surenos, Vice Lords and various white supremacist groups were documented serving at U.S. military installations at home and abroad. The report said the Army had the highest count of gang members in its ranks, partly because it is the largest branch and partly because of relatively lax recruitment requirements...

Author: /time Magazine | Title: Why Did a U.S. Soldier Kill His Fellow Troops in Iraq? | 5/11/2009 | See Source »

...this formula since landing Friday in the moderate Muslim kingdom of Jordan, the first stop on his eight-day Holy Land pilgrimage. He told King Abdullah II upon his arrival in Amman that he has "deep respect" for Islam, and on Saturday he was welcomed in the country's largest mosque and gave another fascinating - if less radioactive - philosophical treatise. (See pictures chronicling the reign of Benedict...

Author: /time Magazine | Title: Pope Benedict's Latest Take on Islam | 5/9/2009 | See Source »

...With the high end of the property market in a downturn, other developers such as Unitech, Puravankara and Ansals are now eyeing low-income housing. ICICI Ventures, the venture funding arm for India's largest private bank, has a project underway in Pune. The apartments, which come in 450 sq. ft. and 800 sq. ft. versions, are priced...

Author: /time Magazine | Title: From India: First Nano's $2,000 Car. Now the $7,800 Nano Home | 5/8/2009 | See Source »

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