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...blog post on Feb. 10, Google product managers Minnie Ingersoll and James Kelly laid out the company's plan to provide as many as 500,000 people in a small number of locales with fiber-optic Internet connections capable of one gigabit per second (Gbps), more than 100 times faster than the typical U.S. broadband connection speed today. It would be a blazing-fast upgrade, capable of downloading a full-length HD movie in under 90 seconds. To be considered for the trial, cities have until March 26 to submit information about their existing networks, with Google planning to choose...

Author: /time Magazine | Title: Why Google Wants a Faster Internet | 2/15/2010 | See Source »

...concern for Google - the company says they've begun taking loading times into account as part of search rankings, and speed was a selling point behind the development of its increasingly popular Google Chrome Web browser. But these are all innovations on the software end; this latest plan goes after the networks themselves. The U.S. is ranked 12th in the world in broadband speed and 15th in the world for broadband penetration. Not bad numbers, but U.S. providers are only now working on the next generation of broadband access, limited to 100 Mbps. By contrast, South Korea plans to give...

Author: /time Magazine | Title: Why Google Wants a Faster Internet | 2/15/2010 | See Source »

Greek Prime Minister George Papandreou has put tax reform at the heart of his austerity plan, and says his government is serious about fixing the roots of his country's current economic predicament. He says Greece will tackle its deficit without the deep government-wage or job cuts that other heavily indebted European countries, like Ireland, Spain and Portugal, have recently announced. Instead, Athens will pursue tax evaders. "Greece's problems," Papandreou told journalists at a press conference marking his first 100 days in office, "are due to waste, corruption and lack of respect towards...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

Athens has scrambled to calm jittery investors and skeptical European Union partners that it can clean up its mess without any assistance. In mid-January the Papandreou government, which has to raise $75 billion to close its gaping fiscal shortfall, announced an ambitious three-year austerity plan to reduce the deficit to 2% of output by 2013. "Greece is playing by the euro zone's rules and it will put its house in order," Greek Finance Minister George Papaconstantinou tells TIME. "To borrow words from an ad: Watch this space...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

Tribal elders from Marja on Friday pleaded with Afghan officials to refrain from air strikes that could kill many civilians and destroy homes and crops. (Read "U.S. Troops Prepare to Test Obama's Afghan War Plan...

Author: /time Magazine | Title: U.S. and Coalition Forces Strike a Taliban Bastion | 2/13/2010 | See Source »

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