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...thought the Treasury Department had overstepped its authority when it used TARP funds to help the auto companies. Richard Neiman, who is the superintendent of the New York State Banking Department, said it looked like the administration was unlikely to meet its goal of modifying as many as 3 million mortgages...
...five years now, Google has been scanning books on a massive scale. The Google Books project has so far amassed 10 million books, in 400 languages (Latin, apparently, is one of the most common). But Google started all of this scanning without consulting rights holders first, and so in 2005, two U.S. bodies, the Association of American Publishers (AAP) and the Authors Guild, launched a class action against Google for copyright infringement. (See the 50 best inventions...
...court approve the agreement, Google will be able to offer users the option to purchase full digital access to books that are still in copyright but are out of print - turning itself, in effect, into a huge bookstore. As part of the settlement, Google pledged to pay $125 million compensation to the AAP and the Authors Guild and, in the future, to pass on a 67% share of the proceeds every time it sells an out-of-print book online. (See pictures of Google Earth...
...India's climate-change negotiators, the December summit in Copenhagen will be not about how to save the planet but about how to accommodate the rights and aspirations of millions of Indians like Kumar. Since developed countries have already pumped out a large proportion of the greenhouse gases that the environment can safely handle, they argue, those same nations must vacate some atmospheric space for the latecomers to industrialization. The current concentration of carbon dioxide in the atmosphere is 380 parts per million (ppm), 72% of which has been emitted by developed countries. Most scientists agree this needs...
...leapfrog to green technology without following the familiar high-carbon path to growth. Only with outside funding will India be able to effectively shift to renewable sources of energy, which, being costlier, will have to be subsidized for widespread use by people like Kumar and the over 400 million Indians still without access to electricity...