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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 »

...Athens University of Economics and Business who was recently appointed secretary general of the information systems for the Ministry of Finance. He's got grand plans for using technology to make the system more efficient - and make it harder for people to cheat. But that's his second priority. "Before we talk about radical undertakings, we have to deal with the basics," he says. An expensive auditing system, for example, has been languishing unused for almost three years because the tender for the computer needed to run it has been tied up in court battles...

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

...tell" continues to ruin military careers, and Guantánamo is still open and booming. Unless Obama attacks these issues and leads or drags his Democratic colleagues in Congress into doing the same, his Administration may be seen someday as a curious pause before the Second Reagan...

Author: /time Magazine | Title: Inbox | 2/15/2010 | See Source »

When George Barrett was named CEO of Cardinal Health in August, the prognosis was grim. The nation's second largest drug distributor, Cardinal had lost a third of its value the previous year. The U.S. Drug Enforcement Administration (DEA) had suspended several of the company's licenses. What's more, the firm, based in Dublin, Ohio, was about to spin off its lucrative medical-tech arm, CareFusion, sparking a further double-digit drop in its stock price. In other words, Barrett deadpans, "we had some challenges...

Author: /time Magazine | Title: Prescription for a Turnaround | 2/15/2010 | See Source »

...setting a new Olympic record and nabbing his first gold. (American Chad Hedrick, the defending Olympic champion in this event, finished 11th; Shani Davis, the favorite in the middle-distance races, came in 12th.) Holland has now won 25 speed-skating golds in its Olympic history, tied for second with Norway behind the United States, which has 28, as the country with the most titles in the sport. Kramer is also the favorite in the 10,000 meters. Think watching 12 laps is torture? Have fun seeing...

Author: /time Magazine | Title: Explaining the Crazy Dutch Love of Speed Skating | 2/14/2010 | See Source »

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