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...Public education was an integral component of Hanks' vision. "We wanted to explain the arc of the Pacific war, the motivation within from the strategic perspective," he says. "So we start with the vast Pacific Ocean from Hawaii, and you just keep going farther and farther west. You get a dramatic sense of what it must have been like to be on one of those battleships. I used to wonder why in hell little Peleliu was in any way, shape or form so damn important. But then when you see how close Okinawa is, well, you immediately understand. Peleliu...
...Cloud Power Over the past few years, Google has been snapping up leading Web-based software start-ups that make it easy to edit documents, spreadsheets and presentations online. Now Schmidt and Co. have added the best available photo-editing tool. Strategically speaking, you might think of it as a carefully orchestrated effort to gradually sideline Microsoft's lumbering desktop software suite. To that end, Picnik will bolster Google's launch of its new Web-oriented Chrome operating system later this year. "The consumer market is evolving into a model where every useful or interesting application starts with a login...
This week, Picnik became the latest high-flying start-up to join the Google team. The popular photo-editing site has 17 million unique monthly visitors and traffic growth of 10% a month. Picnik simplifies the process of cropping, editing and adding special effects to photos stored on your computer or on sites such as Flickr, Picasa or Facebook...
...Among Picnik's 22-person staff are three former Microsoft employees - "three of the best guys ever to step off the Redmond campus on one team," boasts Picnik adviser Burgess - along with other respected Web talents. Marcelo Calbucci, an entrepreneur who founded Seattle 2.0, a service for Seattle start-ups, estimates on his blog that Google paid at least $46 million for Picnik, possibly twice that much. Picnik and Google have both refused to disclose purchase terms...
...been the main growth motor in Europe over the past year - was virtually flat, while business investment dropped 0.8%. That export activity occurred prior to the recent drop in the euro's value against the dollar. Given that fall, many European exporters hope their increasingly affordable products will start flying off shelves. The reason: beyond its recent drop, some analysts expect the euro to weaken further as markets - assuming that Greece's apparently successful bond issue this week signaled that the worst of that crisis is over - turn their sights to the troubled finances of Italy, Portugal and Spain...