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...before HP was due to report earnings--a report that the company acknowledges will meet Wall Street's estimates. But the guillotine blade began its descent in December, when IBM decided to sell its money-losing personal-computer business to Lenovo, a Chinese company. IBM had concluded that a PC was a commodity, little more than a toaster that also does long division, and its decision to get out of the business spotlighted Fiorina's opposite bet. Under her command, HP in 2002 spent $19 billion buying Compaq, largely to expand its position in PCs and fight off Dell...

Author: /time Magazine | Title: Why Carly's Out | 2/14/2005 | See Source »

...musicians. Cohen, who lives outside Seattle, supports his wife and two kids with donations from BitTorrent users and says he would be the last person to download content illegally. "People want to make an example of me," he says. Sure, he has a DESTROY CAPITALISM sticker on his PC. But he still gets his movies the old-fashioned way: with a mail-order subscription to NetFlix. --With reporting by Sandeep Kaushik/ Seattle and Jeffrey Ressner/ Los Angeles...

Author: /time Magazine | Title: Downloading Hollywood | 2/6/2005 | See Source »

...downside: it can't play encrypted songs purchased online, and it's a serious challenge to put together. To get started, you attach a ZonePlayer--a 10-lb. white box with a built-in amplifier and wireless receiver--to your PC and stereo. I needed technical support to get it to work. With a starter kit costing a pricey $1,199, Sonos really makes sense only for digital-music junkies with money to burn. --By Anita Hamilton

Author: /time Magazine | Title: Home: The Coolest House Music--At a Price | 2/6/2005 | See Source »

...hard-to-reach places - a new breed of software known as desktop search can help. The big names in Internet search - Google, Microsoft, Yahoo, Ask Jeeves, AOL - have released, or will release early this year, a desktop-search tool for consumers, making it as easy to search your PC's hard drive as it is to search the Web. (Existing search tools built into Windows are too cumbersome to compare, says Dave Goebel, president of the search advisory firm Goebel Group.) These free programs, typically just a few megabytes in size, are easy to download. Once installed, the software gets...

Author: /time Magazine | Title: Digital Hide-and-Seek | 1/31/2005 | See Source »

...terms of its oil reserves. But economists fear that, due to government pressure and national pride, managers will go for deals with inadequate regard for long-term corporate health. To keep growing, Lenovo needed to reach markets beyond the highly competitive domestic electronics sector, and buying IBM's PC unit gives the company control of one of America's most respected brands. But Lenovo's share price in Hong Kong has fallen 21% since the deal was announced in December. Investors are questioning the prudence of acquiring a unit that lost nearly $1 billion in the three-and-a-half...

Author: /time Magazine | Title: China's Going-Out Party | 1/17/2005 | See Source »

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