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...Getting to the top is tough - and holding market share can be even tougher. After setting the pace in netbooks, Asustek has since been losing sales as much larger rivals, including Acer, have muscled in. The company posted its first quarterly loss in the last three months of 2008 after misjudging demand during the recession. "That was a lesson learned," says Asus chairman Jonney Shih, who is adjusting by shrinking the company's product line. Says HTC's Chou: "You're competing with giants like Apple and Nokia. You must really have something special...

Author: /time Magazine | Title: The Name Game | 7/27/2009 | See Source »

...this has turned out to be a pretty great financial crisis for Goldman Sachs--and for its employees, who will earn, on average, almost $1 million each for the year if the profit pace keeps up. It hasn't been a great financial crisis for the U.S., and the juxtaposition is bound to grate...

Author: /time Magazine | Title: The Moment | 7/27/2009 | See Source »

...eager to see rapid progress in Afghanistan need to know that turning the situation around - even with added troops and money - will require "lasting strategic patience," says Cordesman. Even then, they may want to recalibrate their expectations. "Many aspects of the progress required can only move at an Afghan pace," Cordesman writes, "and must be achieved on Afghan terms." But the question of whether America has the patience to maintain its commitment on such an extended time frame is precisely what has Gates worried...

Author: /time Magazine | Title: Lowering Expectations for the War in Afghanistan | 7/24/2009 | See Source »

...average, are age 40. About 33% are salaried employees starting up a sideline business, 25% are unemployed and 6% are retirees. Later this year, the program will take private enterprise to the public sector by opening auto-entrepreneur to civil servants. If it continues at its current pace, the scheme will prove that France not only has a word for entrepreneur, but also a growing army of people it fits. Read "Much Greater Paris...

Author: /time Magazine | Title: In France, a Government-Led Revolution in Entrepreneurship | 7/24/2009 | See Source »

...winds. In particular, euro membership would allow it to ditch the crippled krona. The E.U. would gain a new member with similar values to its own, which would help strengthen its reach as a global power. In return, Iceland can expect accession talks to move at a double-quick pace. As a member of the European Economic Area (EEA), Iceland already has access to the E.U.'s single market. It is also part of Europe's border-free Schengen zone, and virtually all the other E.U. programs open to non-member states. Around two-thirds of all Icelandic...

Author: /time Magazine | Title: Iceland's Urgent Bid to Join the E.U. | 7/17/2009 | See Source »

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