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...most recent two months. In a bad economy, it makes sense that consumers will avoid a $25,000 purchase. Analysts and economists are trying to figure out how much people are willing to spend for almost everything. Will they buy a new refrigerator for $500 if their current model is old but not broken? The data from the last quarter indicate that they...

Author: /time Magazine | Title: PC Sales Start to Look Like the Car Industry | 2/19/2009 | See Source »

Online or Dead It's no accident Crosbie mentions Norway. That's the home of Verdens Gang, or VG, an Oslo-based afternoon daily often cited as a model for how to thrive in the brave new newspaper world. VG is owned by Schibsted, a media conglomerate that embraced the Net early and rode out seven years of heavy losses before getting it right. The stock market wanted CEO Kjell Aamot's head, and Schibsted's board was fully prepared to give it to them. Only Tinius Nagell-Erichsen, the revered former chairman who controlled the Schibsted family's trust...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

...telling that on the subject of the advertising-only revenue model, which Isaacson says is "completely beholden" to advertisers, he turns to the opinions of Henry Luce, who has been dead for more than 40 years. The free alternative newspapers I represent have generally written more critically of business--and sometimes their own clients--than most paid publications. There are hundreds of other examples in which the advertising-only model has produced hard-hitting journalism. The bottom line for all news media is the same regardless of model: you'd better produce content that people pay attention...

Author: /time Magazine | Title: Inbox | 2/19/2009 | See Source »

Then there was the appliance salesman who offered to carry my bags as we toured the microwave aisle. When I called my husband to ask him to check some specs online, the salesman offered a pre-emptive discount, lest the surfing turn up the same model cheaper at Best Buy. That night, for the first time, I saw the Hyundai ad promising shoppers that if they buy a car and then lose their job in the next year, they can return it. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: In a Recession, the Consumer Is Queen | 2/19/2009 | See Source »

Such security measures, like the detention camps, have so far prevented the Tigers from taking back Mannar. But this strategy may not be sustainable throughout the Tamil-majority areas of the north and east. The Sri Lankan government holds up the eastern province of the nation as a model of postconflict governance; the army took control of the area in 2007, and the government held local elections last year. But even in the east, 50 civilians were killed in November alone, according to local media, in violence involving two former Tiger factions as well as military and paramilitary forces. This...

Author: /time Magazine | Title: The Tigers' Last Days | 2/19/2009 | See Source »

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