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...Industry analysts say decisions by several big-name tech companies to plunk down billions of dollars on deals in recent weeks is a sign that senior executives believe the economy has bottomed and that buying now is better than buying later. "It's clearly a sign of renewed optimism" in the market and sector, says Peter Bell, general partner at Highland Capital Partners, a venture-capital firm in Boston...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

...that promotes civil rights in Russia, showed that 66% of St. Petersburg residents oppose the project. A month ago, a packed town-hall meeting ended in acrimony after four hours of heated debate over the tower; security guards confiscated tear gas, knives and brass knuckles from the crowd - a sign that the controversy could even lead to violence. The Okhta Center's official website has also been inundated with virulent postings by residents. The moderator of its comments section was forced to put up an advisory last month, reading: "In making your remarks, please refrain from using overly expressive...

Author: /time Magazine | Title: The Battle over a New Skyscraper for St. Petersburg | 10/6/2009 | See Source »

...arrest of those responsible for putting the Goldstone report on hold at the U.N. And Syria, which backs Hamas, postponed a planned visit to Damascus by Abbas. Hamas has also warned that the U.N. move presents a serious obstacle to the unity deal that it had been expected to sign with Fatah later this month. Indeed, Palestinian public opinion has turned so sharply against Abbas over this issue that Hamas may be tempted to hold off on reconciling with its rivals while its political position is strengthened by the tide of anger over the Geneva intervention. (See pictures of heartbreak...

Author: /time Magazine | Title: Abbas' Move on War-Crimes Report: A Boost for Hamas | 10/6/2009 | See Source »

...Although the Air Force insists this Predator training program is experimental and could be scrapped, don't bet on it. Schwartz told his new pilots the demand for their skills "is insatiable, and shows no sign of abating." And then there's the fact that the service just commissioned a new metal pin that Petrizzo and his fellow drone drivers will wear on their uniforms. While its central shield features a lightning bolt connoting the Predator's remote control, its wings will be identical to those worn by all other Air Force pilots...

Author: /time Magazine | Title: A New Kind of 'Top Gun' for a New Kind of War | 10/5/2009 | See Source »

...London's Tate Modern art gallery, a spotlight shines on a blank space where a photograph of a nude Brooke Shields, age 10, was supposed to hang. A sign warns, "This room contains images that some visitors may find challenging." The museum removed the image this week just before a new exhibition on Pop art opened. The reason: an unexpected visit by police to check out the controversial image. The photograph, which shows the young Shields standing in a bathtub and wearing heavy makeup, was displayed recently in New York City and Paris without contest, but the prestigious modern...

Author: /time Magazine | Title: Nude Brooke Shields Causes a Flap at London's Tate | 10/5/2009 | See Source »

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