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...upshot: When called to account for its actions in court, the government effectively shuts down litigation involving embarrassing information that may also include state secrets...

Author: /time Magazine | Title: A Double Standard on State Secrets? | 3/19/2007 | See Source »

...Internet for business, thinks established media should be trying to "build relationships with audience members" by recommending content made by others and encouraging participation. He's probably right about this, but lots of purely online companies--among them Yahoo! and, yes, Google--are working on it too. The upshot is that content may increasingly have to stand, or swim, or sink on its own. Which isn't something kings do very well...

Author: /time Magazine | Title: Google Gooses Big Media | 3/16/2007 | See Source »

...gambit turned into an embarrassment when Financial Secretary Henry Tang, the moving force behind the gst, underestimated his numbers and revealed last month that Hong Kong had posted a surplus of $7 billion for the year, and would give back $2.4 billion of that in tax breaks. The upshot: the government didn't really need the extra cash...

Author: /time Magazine | Title: Five More Years | 3/15/2007 | See Source »

Political life has been unsettling too. Software failures and gaffes committed by the city's election commission bollixed last Nov. 7's election. The upshot: hundreds of perplexed and angry voters couldn't cast ballots. In January, days after moving into the Governor's office, the ever smiling Bill Ritter--a Democrat, of all things--stood accused of reneging on a campaign pledge, socking union leaders by vetoing a bill that would have made it easier to organize workers...

Author: /time Magazine | Title: Low Down in Mile High | 3/1/2007 | See Source »

...cachet. These days you are nothing without your boldface co-conspirators. H&M has Madonna. Kohl's has engaged Vera Wang to produce an affordable line. Gap boasts dresses by Roland Mouret. Meanwhile, across the pond, Topshop has enlisted the taste and services of style icon Kate Moss. The upshot? Masstige has emerged as the look of the moment?arguably the biggest trend in fashion...

Author: /time Magazine | Title: Bull's-Eye Style | 2/27/2007 | See Source »

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