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...first Verizon and AT&T were vehemently opposed, threatening lawsuits, but they have since reversed their position, with Verizon announcing that they would voluntarily open their entire network in 2008. Still, analysts caution, it is unclear whether Verizon's move will completely level the playing field because of price variations for gadgets they may favor. "The auction is potentially a big turning point for the whole wireless market," says Wu. "The dream is to create a reliable, ubiquitous wireless Internet floating around you like the air you breathe." The auction's open network mandate and stiff competition should bring...

Author: /time Magazine | Title: Will Google Go Mobile? | 1/23/2008 | See Source »

...standards," he said. China clearly needed to change course. Although the market has grown about 10% a year for the past five years, the top three players - China Southern, China Eastern and Air China - are filling less than three-quarters of their seats with paying customers. During a recent price war, tickets were discounted by as much as 70%, according to local media reports. Rising fuel costs and fare caps enforced by Beijing have sliced profit margins. Air China earned about $300 million in 2006, according to the most recent figures, but China Eastern lost $410 million that year...

Author: /time Magazine | Title: Cleared for Takeoff | 1/23/2008 | See Source »

...Barroso said the cost is low compared to the high price of inaction. "The longer we delay, the higher the costs of adaptation and mitigation," he said, adding that the overall price tag of the plan, at around 0.5% of E.U. gross domestic product, represented value for money over the long term. "This amounts to about three euros a week for everyone. A real commitment, but not a bad deal...

Author: /time Magazine | Title: EU Aims to Choke Carbon Emissions | 1/23/2008 | See Source »

...attacks against his men started decreasing. For Brown, the calculus is clear: "Every time we loose one of our guys it costs us $400,000 [in life insurance paid to family members]. Each Hellfire missile is $60,000 and we've used a ton of those. What's the price of peace? It's probably not as costly as the price of unrest. Money is my non-lethal ammunition. I'd rather give somebody a job than have to fight them...

Author: /time Magazine | Title: The U.S. Financial Crisis — in Iraq | 1/22/2008 | See Source »

...miles at a time, wiring workplaces and public spaces like shopping malls should keep most cars juiced. For longer drives, customers will be able to pull into a battery-swap station and get a fresh battery. Better Place, and not individual drivers, owns the batteries, which should keep the price of the cars comparable to gas-powered vehicles...

Author: /time Magazine | Title: Israel Looks to Electric Cars | 1/20/2008 | See Source »

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