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...understand the recent sell-off in global equities and whether it will turn into a bear market, you first need to analyze the remarkably heady period that preceded it. Fearing deflation after the meltdown of tech and Internet stocks in 2000 and the terrorist attacks of Sept. 11, 2001, the U.S. Federal Reserve Board cut the Fed fund rate from 6.5% to 1%. The easy availability of low-cost loans triggered a dramatic rise in borrowing, which lifted the prices of all assets, including stocks, real estate, commodities, bonds, art and wine. As U.S. consumption boomed, the nation's trade...

Author: /time Magazine | Title: The Pain Isn't Over Yet | 3/8/2007 | See Source »

Only after reading Jerry Kaplan's book on GO Corp.--a former tech high flyer that flamed out--did Alvelda realize the marketability of a concept contained in a chapter of his 1995 Ph.D. thesis. That concept begat MicroDisplay, his first start-up, that same year and united his twin passions: education and technology. "There is an aspect of education and communication that helps people to grow personally that I never anticipated as part of the corporate world," he says...

Author: /time Magazine | Title: Programming Provocateurs | 3/8/2007 | See Source »

...people access entertainment and media." And the organic goodies, such as his daily dose of Kagome juice, delivered by MobiTV's kitchen (stocked by the same people who do Google's food service), clicks with his interest in nature and biology. But Pressler is like a lot of thirtysomething tech vets who experienced the dotcom bust: reliable, flexible--and portable...

Author: /time Magazine | Title: Programming Provocateurs | 3/8/2007 | See Source »

...even interpret. If you do enough MRIs or blood tests, for example, you're bound to find something that's off - and that means getting still more tests. New treatments directed against minor problems, or yielding minor improvements, can be major new expenses. Wrist arthroscopy, a high-tech newcomer to my field, seems to treat problems for which few patients seemed to need more than a temporary splint and some aspirin 30 years...

Author: /time Magazine | Title: Pushing the Envelope with Treatment | 3/6/2007 | See Source »

...creation of a team of 60 top engineers--veterans of Apple, Flickr and Firefox--and has already wowed bloggers who have had an early look. "Joost could make YouTube, Google Video and Apple TV look like 1988," gushes tech-blog UtahSaint...

Author: /time Magazine | Title: 50,000 TV Channels! The Skype Guys Strike Again | 3/1/2007 | See Source »

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