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...colleagues are scheming to make Hsinchu as important to Taiwan's future as it has been to its past by attracting companies in cutting-edge industries such as alternative energy. Not far away, the government this year opened a new park for biotechnology and other medical-business start-ups. "This is the time for the park to transform from old-fashioned capital-intensive industries to intellectual-based ones," Wu says...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Similar efforts are being made across the island. In Kaohsiung, the government in 2008 opened a software park to spur tech start-ups alongside the city's traditional export factories. Nationally, Ma's administration has targeted six "flagship" industries for investment and development: biotech, health care, high-end agriculture, tourism, green energy, and creative and cultural businesses such as traditional arts and pop music. The government intends to support these sectors by providing financing, improving the capabilities of state research institutes and other measures. "We are keenly aware these industries in five to 10 years will be the major industries...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...York Times is reportedly readying plans to start charging for online access, while a group of newspaper execs has been looking into the legality of banding together to do the same. News outlets are selling software, merchandise, club memberships - anything that people are more willing to pay for than, well, news. (Watch an interview with New York Times editor Bill Keller...

Author: /time Magazine | Title: What Price Journalism? What Would You Pay? | 7/27/2009 | See Source »

...Katz family doesn't look or sound militant. Indeed, to American ears, their version of the national narrative sounds rather familiar. "I would love it that the little outposts someday have their own playgrounds and Little League," Sharon Katz says. "Israel shouldn't leave any hilltop! How did communities start out in the American West? With one log cabin. When we bought this land, it was a rocky hillside. Look what it looks like today...

Author: /time Magazine | Title: Israeli Settlers Versus the Palestinians | 7/27/2009 | See Source »

Once the TV ads start running, the debate will probably center not on level playing fields but on whether consumers need protection at all. "The proposed CFPA appears to be premised on the idea that Washington is better at making financial decisions for all Americans than leaving that choice up to individual Americans," said Spencer Bachus, the ranking Republican on the House Financial Services Committee - whose top five 2008 campaign donors were UBS, Citigroup, Credit Suisse, JPMorgan Chase and Bank of America, according to the Center for Responsive Politics...

Author: /time Magazine | Title: Financial Aid | 7/27/2009 | See Source »

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