Word: tap
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...what you shot - find what you want and instantly edit it. You'll even be able to instantly e-mail your clip to friends or someday upload it to Facebook - when AT&T gets around to it. The new phone has a 3-megapixel camera (autofocus, or you can tap an object in the viewfinder to focus on it). A built-in compass supplements the onboard GPS, so now you'll be able to see not only where you are on a map but also which direction you're facing. Voice commands, cut-and-paste options and a battery that...
...With more than 1,000 new hooks that developers can tap into, third-party iPhone programmers are having a field day with the 3.0 operating system. The iPhone is becoming a platform for precisely the kind of cheap and disruptive technologies that fuel start-ups. The car-rental company ZipCar, for instance, showed off an app that lets you lease a car from your phone and points you to the parking space of the car itself. When you get close to the car, the iPhone can unlock the automobile as if it were a key. Seriously, how cool is that...
...TAP YOUR NETWORK TO STAY UPBEAT Except it wasn't. Ward's skills and what the company needed didn't line up. Intellectually, he knew it was that simple, but the rejection stung, especially coming on the heels of having lost his job the week before. "You've just been told, We don't want you. That has a crushing effect on your soul," says Ward. "Then as you go out and look for a job, most of the jobs you look at you're not going to get. You're going to be told no over and over again...
...While more-cautious lending practices are certainly contributing to decreased borrowing, the bigger driver is that Americans are still feeling the effects of recession the unemployment rate hit 9.4% in May - and choosing to tap credit lines less. Commerce Department figures from earlier this week show that people are now saving 5.7% of their disposable income, the highest rate in 14 years. In an April survey of senior bank-loan officers, the Fed found that demand for loans from households was down in almost every category. (Watch TIME's video of Peter Schiff trash-talking the markets...
...bank plan is supposed to be getting under way right about now, with private players lining up to tap government lending facilities to buy so-called toxic assets from banks, thereby cleaning up the banks' balance sheets and facilitating lending across the country. But the banks, convinced the market was undervaluing the assets, toxic or not, have never been very enthusiastic about selling them. (See 25 people to blame for the financial crisis...