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...transport stuff to the moon. (Don't laugh. Brin and Page can't seem to let go of that last one, at least as an idea to kick around.) To help accomplish its goals, whatever they may be, Google raised $4.2 billion late last year through a second stock offering...

Author: /time Magazine | Title: In Search Of The Real Google | 2/12/2006 | See Source »

...mind. We're just Google," says CEO Schmidt, a soft-spoken former executive of tech firms Novell and Sun Microsystems who seems comfortable with his role as the third Google guy. (That's something like being the fifth Beatle but far more lucrative.) Indeed, inside Google, obsessing about the stock price is almost evil. Marissa Mayer, a vice president, imposes penalties on anyone she catches tracking the latest tick. "If I see someone looking at the share price, they owe the cost of one share," says Mayer. A few have had to pay up, she says. Early last week that...

Author: /time Magazine | Title: In Search Of The Real Google | 2/12/2006 | See Source »

...keep innovating, Google has to outwit and outspend the likes of Yahoo! and Microsoft for the best young brains. Even though few of Google's insta-millionaires have cashed in their stock options and quit since the 2004 IPO, Google is on a hiring binge, adding about 100 people a week. It applies quirky tests of talent. Google once put up a billboard on Route 101, the heavily trafficked artery that links the Valley to San Francisco, that said, in its entirety...

Author: /time Magazine | Title: In Search Of The Real Google | 2/12/2006 | See Source »

Thus began Iceland's great genetic experiment, an attempt to mine the gene pool of an entire country in search of the root causes of--and potential cures for--some of the world's worst diseases. And after years of controversy, dashed hopes and burst stock bubbles, the effort is finally paying off. Over the past decade, deCODE Genetics, the company Stefansson co-founded in his home city of Reykjavík, has discovered more than a dozen genes linked to diseases ranging from stroke to schizophrenia. Last month, deCODE announced that it had found a gene that boosts the risk...

Author: /time Magazine | Title: The Iceland Experiment | 2/12/2006 | See Source »

...Closing value of India's Sensex stock market index on Feb. 7, the first time the index has closed above...

Author: /time Magazine | Title: Milestones | 2/12/2006 | See Source »

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