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Search is facing the same problem as the chip business. Intel (INTC) and AMD (AMD) make semiconductors that are so powerful, very few PC buyers can use all of their computational power. A lot of what the chips can do is wasted. Upgrading to a more powerful processor does not mean much to people who cannot tell the difference. That leaves a few corporations and people who play complex video games as the only discriminating buyers of PCs with ultra-powerful processors. Just three or four years ago, the difference between one generation of semiconductor and another meant something...

Author: /time Magazine | Title: What Will the World Do with More Search Engines? | 5/20/2009 | See Source »

...discount rate and opened the lending window to a wider list of financial companies. So this has been going on for a little less than two years. Typically when you see that type of extended intervention, and such an enormous amount of money being thrown at the problem, it's only a matter of time before some positive things occur. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Stock Market: Why Are Financial Stocks Rallying? | 5/19/2009 | See Source »

...There is a much more acute problem which is that many of the dealers that are going to be closed will go bankrupt. Estimates vary, but these dealerships probably have about 80,000 vehicles in inventory. The franchises will rush to sell them to get cash to handle obligations. Dealers that go into Chapter 11 will probably have their stocks of vehicles auctioned off by the order of a court. (See the 50 worst cars of all time...

Author: /time Magazine | Title: GM and Chrysler: The Revenge of the Car Dealers | 5/19/2009 | See Source »

...masks sold in the U.S. now come from Mexico or China. But if the U.S. suddenly put in orders for millions of masks, Mexico and China would be unlikely to export their supplies before making sure their own populations were fully protected. "HHS knows the problem exists and yet they won't tell the health-care industry," says Mike Bowen of Texas-based Prestige Ameritech, the largest and one of the last remaining American mask manufacturers. "If they would only admit the problem exists, American hospitals would buy American masks and the manufacturing infrastructure would return." (Read "Battling Swine...

Author: /time Magazine | Title: A New Pandemic Fear: A Shortage of Surgical Masks | 5/19/2009 | See Source »

...electorate that rallied behind superhero Arnold Schwarzenegger in the recall election in 2003 mostly views him as part of the Sacramento problem he had promised to fix. The most recent survey by the Public Policy Institute of California found Schwarzenegger's approval rating among likely voters under 35%, while the state legislature is seen in a favorable light by only one in five voters. (See pictures of the career of California's First Lady Maria Shriver...

Author: /time Magazine | Title: Voters Unlikely to Help Calif. Avert Budget Crisis | 5/18/2009 | See Source »

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