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...month.) Even at the current rate, 1 billion applications for the device could be downloaded by the middle of next year. That alone could generate as much as $1 billion in new revenues from applications; never mind how many more songs, movies and TV shows Apple will sell from the iTunes store to all those new iPhone users...

Author: /time Magazine | Title: Why Is Steve Jobs Skipping MacWorld? | 12/16/2008 | See Source »

...politician, of course, would want to put lots of space between himself and a toxic scandal like this one, in which the sitting governor stands accused of trying to sell President-elect Barack Obama's vacant Senate seat to the highest bidder. Daley, though, has a special interest in trying to draw such a sharp line: not only has his own administration been dogged by patronage scandals and federal investigations, but John Harris, the governor's co-defendant and chief of staff, was once one of Daley's top lieutenants at City Hall. (See the top 10 scandals...

Author: /time Magazine | Title: Could Blago Cause Trouble for Daley? | 12/13/2008 | See Source »

iPhones at Wal-Mart? Rampant rumors that Wal-Mart is planning to sell a 4-GB version of the iPhone for a mere $99 aren't true, unfortunately. But sources close to the retailer say Wal-Mart will begin carrying the same iPhone available from AT&T, Apple and Best Buy - the cheapest of which costs $199 and has 8 GB of memory - if not by Christmas, then by the end of December...

Author: /time Magazine | Title: Personalized Bottles of Bubbly and Other Cool Deals | 12/12/2008 | See Source »

...More importantly, Pauly says, is Henri's ongoing trouble with "public relations," since taking over from his well-liked father in October 2000, including his attempt to sell the family's forests to the state for a massive profit. "Henri doesn't have full popular legitimacy," says Pauly. "He has to find a new way to legitimate his role." Achieving such broad consent may not be helped by a hard line on bioethics in a country where fewer than 10 percent still attend church regularly. Getting out of the way, however, may just do the trick...

Author: /time Magazine | Title: Luxembourg's Monarch Steps Back On Euthanasia Bill | 12/12/2008 | See Source »

...Wang Quan has a lot less to do than he did a few months back. New Buicks used to leave his shop by the dozens each week, but these days, not even discounts of 15-18% can draw in the same number of paying of customers. "We used to sell 120 to 150 cars per month at this store," Wang says. "But starting from November, the number has shrunk to 90." The reason, he says, is simple: "The economic crisis...

Author: /time Magazine | Title: China's Booming Car Market Shifts into Reverse | 12/11/2008 | See Source »

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