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...might not sound like the sexiest deal, but today the Federal Communication Commission (FCC) will auction off rights to the 700 MHz band of wireless spectrum - a sale that has the potential to create a seismic shift in the telecommunications landscape. The powerful band of prime cross-country airwaves, which is currently being used for analog TV broadcasts, is due to free up by February 2009 when TV goes fully digital. So, if ever a new telecom player were to carve out a piece of the lucrative nationwide wireless pie, now would be the time. "This is the last auction...

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

...government's tacit approval of the CNAC-China Eastern alliance marks a potentially significant policy shift by the Civil Aviation Administration of China (CAAC), the country's aviation regulator. Just as Beijing has opened up its backward banking sector to overseas investment in order to tap the expertise of foreign financiers, in recent years the CAAC has been allowing foreign airlines to take small stakes in domestic carriers, hoping that outside partners could improve airline management. Air China, for example, has a cross-shareholding agreement with Hong Kong-based Cathay Pacific, and in 2005 American financier George Soros invested...

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

...Spainhour stroll through this former war zone together: to survey the extent of the damage. Spainhour and his commanding officer are trying to help the sheikh rebuild his village as part of the larger strategy to bring peace and reconciliation to their corner of Baghdad. It illustrates the paradigm shift that has been taking place for the U.S. military across Iraq - trying to win over both former enemies and stave off potential new ones with the use of large sums of cash...

Author: /time Magazine | Title: Can Cash Create Goodwill in Iraq? | 1/21/2008 | See Source »

...Challenge and Change Yet even in the darkest times, the Nylonkong cities had the sort of hidden strengths that would be their salvation. All had a certain adaptability hardwired into their people. All were once centers of manufacturing, but all have been able to shift their economic focus to the service sector as factories moved from New York's lower east side, or London's Park Royal estate, or the thousands of tiny enterprises in Kowloon, to the American sunbelt or up the Pearl River delta from Hong Kong to Guangdong province. All are - or have been - great ports. Today...

Author: /time Magazine | Title: A Tale Of Three Cities | 1/17/2008 | See Source »

...grew up with analog and won’t still be around at Harvard for the new Gen Ed curriculum, this prospect strikes fear into our hearts. Analog showed us a side of television later generations will not witness: the side where everyone is slightly green, and people shift in and out of focus when you step near to the antenna. Those of us who return home to cathode-ray tubes each vacation must consider the Analog Darkness whenever we choose Core classes. What kind of post-television exchanges will “Dinosaurs and their Relatives” lead...

Author: By Alexandra A. Petri | Title: Don’t Block the Box | 1/17/2008 | See Source »

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