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...last week, the two most successful technology companies in the world, IBM (IBM) and Google (GOOG) have announced major new products. These are developments that will probably help the firms take business away from their competitors. The scope of the products' applications is broad enough that the R&D investment to create them must have been extensive...

Author: /time Magazine | Title: Why Google and IBM Are Ahead of the Competition | 5/14/2009 | See Source »

...Beyond their scientific missions, the telescopes represent major technological achievements. The primary detectors of the scientific instruments on both telescopes have to be kept as cold as possible to be able to obtain high-resolution data while they make their observations. If the instruments or their surroundings reach higher temperatures, then they start to emit infrared themselves, swamping faint emissions from cool celestial objects. That means operating at temperatures of minus 272.7 degrees Celsius (522.9 degrees Fahrenheit), just 0.3 degrees above absolute zero. To do that, they use a cryostat, a giant bottle filled with more than 528 gallons...

Author: /time Magazine | Title: Two Telescopes to Measure the Big Bang | 5/14/2009 | See Source »

...This is what NHL commissioner Gary Bettman doesn't understand. You can't put hockey into every major city in America, because hockey isn't woven into the fabric of the American quilt the way it is woven into the Canadian toque. Canadian billionaire and hockey nut Jim Balsillie knows this - which is why he's making his third attempt to purchase a NHL team ... seemingly against the NHL's wishes. (Read "Why No One Is Seeing the NHL's Great Game...

Author: /time Magazine | Title: A Friend of the Hockey Court | 5/14/2009 | See Source »

This spring, Taiwan became the first in Asia to start a bike-sharing program in its two major cities, Taipei and Kaohsiung. Looking to spin the lush island's yin for cycling into a way to reduce pollution, the Taiwanese government launched the service hoping commuters will ditch their cars and start using the thousands of rental bikes it has stationed around the two urban centers to get to work. "Cycling is a great way to unwind after work," says Horace Lee, a corporate planning associate at the Taipei Stock Exchange. "I cycle around the neighborhood just for fun before...

Author: /time Magazine | Title: Taiwan Goes Green with Bike Sharing | 5/14/2009 | See Source »

...should diversify our export industries - we depend so much on IT industries. Third, we have designated six industries as future flagship industries: green energy, tourism, biotechnology, refined agriculture, and the cultural and creative industries. We are keenly aware these industries in 5 to 10 years will be the major industries of the world. Not only do we have to revise our economic policy, but also our political and security policy, so that is why I started to reform our China policy...

Author: /time Magazine | Title: Taiwan's Ma Reflects on His First Year As President | 5/14/2009 | See Source »

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