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...Tuesday, Apple unveiled a number of improvements to its mobile operating system, which will only hasten old media's move to the post-Web world. The biggest change: Apple's app store will let us charge subscriptions for our content. (Of course, we always could charge for subscriptions on the Web, but who'd pay for that experience?) And now, with a rumored 9-inch iPod Touch heading to consumers - an Apple iReader! Linked to Apple's one-click-to-pay App store! - I bet great magazines and newspapers will come up with iterations that you actually will...

Author: /time Magazine | Title: Fujitsu's New Reader: A Step Toward the Post-Web World | 3/19/2009 | See Source »

...that much out of the next $30 billion in bailout funding when it is delivered - which amounts to a mere 0.1% of the total AIG has received. Assorted Senators, from New York Democrat Chuck Schumer to Montana Democrat Max Baucus and Iowa Republican Chuck Grassley, have proposed a number of tax and legal schemes to snatch back the bonus bucks from AIG FP executives - 73 of whom got payouts of $1 million or more, according to New York State attorney general Andrew Cuomo. (Read "Treasury Learned of AIG Bonuses Earlier Than Claimed...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...number right? Probably not. When looking at a market as large as mortgage-backed securities, once the magnitude becomes too great, it is impossible to be precise to the last dime. But, the figure is almost certainly within a narrow range of the actual problem big banks still face. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: Is Citibank Really Out of the Woods? | 3/19/2009 | See Source »

...three spots. The company has already fired thousands of people, so it is lean, maybe too lean to grow. IBM has been watching Hewlett-Packard become a more formidable competitor. And, Cisco (CSCO) recently said it would get into the high-end server business. The number of huge companies that want a piece of IBM's business seems to be growing. IBM gets new technology by buying Sun, but, more importantly, it gets Sun's market share...

Author: /time Magazine | Title: A Renaissance for Big Acquisitions | 3/19/2009 | See Source »

...projected budget shortfalls come at a time when nonprofits' services are most in demand. Last year the United Way saw a 68% increase nationally in the number of calls for basic needs, according to "The Quiet Crisis." The state of Arizona reported a doubling in the number of people who sought social services last year, and 70% of the nonprofits in Michigan reported an increased demand for services...

Author: /time Magazine | Title: Nonprofit Squeeze: Donations Down, Volunteers Up | 3/19/2009 | See Source »

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