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...trust, said no. Now VG's website, VG.no, is Norway's biggest destination, period. In 2007 VG Nett, the paper's online arm, had pretax earnings of $23.4 million on revenues of $55 million, up 44% over 2006 and accounting for just over a third of VG's total profits. Online ad revenue is also over a third of VG's total. That's simply unheard of for most newspapers...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

...Detroit More $$$, Please General Motors and Chrysler submitted restructuring reports to the Treasury on Feb. 17, asking the Federal Government for $14 billion in further emergency loans, bringing the total amount that the Detroit automakers have requested to $39 billion. GM says it needs $12 billion more to avoid bankruptcy and announced plans to lay off 47,000 employees and sell or phase out three of its marques--Saturn, Hummer and Saab--and reduce Pontiac to a "highly focused niche brand." Chrysler has asked for $5 billion and plans to cut 3,000 jobs...

Author: /time Magazine | Title: The World | 2/19/2009 | See Source »

...www.economiccrisis.com still available? VeriSign, which manages Internet domain-name registrations, reports that 17% fewer com and other standard Web addresses were registered in the fourth quarter of 2008 than in the same period in 2007, a slump analysts say may indicate a slowdown in new online businesses and advertising. Total registrations worldwide continue to grow, driven by demand in countries like China (.cn) and Germany...

Author: /time Magazine | Title: The World | 2/19/2009 | See Source »

...Days after Barack Obama's Inauguration that the stimulus bill was signed into law. 3: Total number of congressional Republicans who backed the final package. $400: Value of a refundable tax credit available to people earning less than $75,000 a year beginning in June. $185 billion: Amount the stimulus is expected to add to the federal deficit for the remainder of the 2009 fiscal year. 317: Minutes the final Senate vote lasted, believed to be the longest congressional vote in U.S. history. 320: Miles traveled by Senator Sherrod Brown, from an Ohio memorial service for his mother...

Author: /time Magazine | Title: The Road to Recovery | 2/19/2009 | See Source »

Jarvik developed the first permanent total artificial heart

Author: /time Magazine | Title: Willem Kolff | 2/19/2009 | See Source »

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