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...something even more profound in what has happened to Twitter over the past two years, something that says more about the culture that has embraced and expanded Twitter at such extraordinary speed. Yes, the breakfast-status updates turned out to be more interesting than we thought. But the key development with Twitter is how we've jury-rigged the system to do things that its creators never dreamed...

Author: /time Magazine | Title: How Twitter Will Change the Way We Live | 6/5/2009 | See Source »

...Social networks are notoriously vulnerable to the fickle tastes of teens and 20-somethings (remember Friendster?), so it's entirely possible that three or four years from now, we'll have moved on to some Twitter successor. But the key elements of the Twitter platform - the follower structure, link-sharing, real-time searching - will persevere regardless of Twitter's fortunes, just as Web conventions like links, posts and feeds have endured over the past decade. In fact, every major channel of information will be Twitterfied in one way or another in the coming years...

Author: /time Magazine | Title: How Twitter Will Change the Way We Live | 6/5/2009 | See Source »

Baltic Index president Jeremy Penn cautions that shipping rates can sometimes fluctuate dramatically, and are often driven by specific factors such as carrier availability in key locations. Indeed the current boost is best explained by Chinese steel production demand and a shortage of the Capesize vessels to haul the iron ore. Penn notes that it is not yet clear whether the core manufacturing that is turning again in China is linked to coming export demand or domestic infrastructure investment. "There are always quirks in the pricing," he notes. "And at the moment it seems a very China-centric market." (Read...

Author: /time Magazine | Title: The Least Known Key Economic Indicator | 6/5/2009 | See Source »

...Sascha Pallenberg, founder of netbooknews.com, says according to consumer polls conducted by his website, the vast majority of consumers - 87% - buy netbooks for their longer battery life. (Form factor was also mentioned as the key reason for buying by 70% of those polled...

Author: /time Magazine | Title: New Netbooks Debut at Taiwan Computer Show | 6/5/2009 | See Source »

...possible to glimpse the outlines of a Grand Deal among insurers, providers, business, labor and patients that would put most of its focus on lowering costs and establish a foundation for expanding coverage in years to come. The two key Senate committees expect to begin writing legislation this month, with the House also moving forward in coming weeks with what is expected to be a more liberal version. The Democrats' goal is for both chambers to pass their versions by the end of the summer, work out their differences in the fall and have a bill on Barack Obama...

Author: /time Magazine | Title: The Five Big Health-Care Dilemmas | 6/5/2009 | See Source »

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