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Europe Plans 45% Boost To Science Investments, Funded By Slashing Farming Subsidies

Screw austerity: Science spending in the European Union is about to get a huge boost, at the expense of farming subsidies. The move is an acknowledgment that only by spending money on innovation and future tech can income growth be assured. READ»

IFIVE   |  Comment

iFive: Gawker Hacked, WikiLeaks Rival Out, Holiday Spending Goes Digital, The Atlantic Magazine's Money, Sports Illustrated App

Another week begins, innovation slaps on its office attire, downs a coffee and catches the train into work: So here's the early news, ready for you to do the same:READ»

IFIVE   |  Comment

iFive: Hawking vs. God, Layoff-Happy CEOs, Euro Shopping Spree, Walkmen vs. iPods, Hurricane Earl

Professor Stephen Hawking rethinks God, CEOs who fire more earn more, European consumer spending is up, Walkman sales somehow surpass iPod sales in Japan, and Hurricane Earl spins up the Eastern Seaboard.READ»

BUNDLE   |  Comment

First Look: Bundle's Savvy New Features Prove It's More Than Just a Pretty (Inter)face

This week, Bundle unveils its "Version 1.0" redesign, offering a host of new features including -- at last! -- the option to sync to multiple accounts.READ»

American Spender

Americans earned a chunk of disposable income in December and felt so good about it that they rewarded themselves with shopping spree.READ»

TV Spots Not That Effective, Say Advertisers Who Just Spent $150-Plus Million on Super Bowl TV Spots

Looks like we're not the only ones ranting about lackluster Super Bowl ads. According to a new study from Forrester and the Association of National Advertisers, the majority of TV ad buyers (62 percent) say they think their ...READ»

DESIGN   |  Comment

Infographics of the Day: Obama's 2011 Budget, Cut Three Ways

Three major newspapers take a crack at visualizing Obama's new budget.READ»

The iPad Will Hurt Your Wallet in Time, but in a Good Way

We mentioned how astonishing the entry price point for the iPad is, and how it might be its killer feature. But thinking about it, Apple's pulling off a magic trick that is going to cost you plenty of dollars over the next couple of ...READ»

SPENDING   |  Comment

Consumers Plan to Spend a Little More on Christmas Cheer This Year

Is this the end of the recession? Gallup's latest poll for projected Christmas gift spending shows that U.S. consumers may be about to spend a little more money than they did last year. Some $743 on average, versus a measly $639 in ...READ»

MONEY   |  Comment

Nonsense At Work

Absence makes the evil thought:As I watch happy families rushing around collecting presents like squirrels gathering nuts, it is clear to me that money is not the root of all evil.But then I remember the unhappy families, the ones ...READ»

Tech & Innovation Spending Show Corporations Are Recovering

Despite cutting back on spending, big corporations actually expanded their R&D budgets by 5.7% in 2008, reports The New York Times. It's only half as much as the increase in 2007, but it hints that research spending is one of the ...READ»

AIR FORCE   |  Comment

F-22 Fighter Gets the Axe

President Barack Obama won an important victory late yesterday afternoon when the Senate voted to halt production of the Air Force's F-22 Raptor fighter jet (seen below). Nearly two billion dollars had been earmarked for the ...READ»

Obama To Inject $6 Billion Into Rural Broadband

President Obama has proposed a $6 billion fund designed to bring high-speed internet connections to underserved parts of the country. It's one of several technology-related proposals in the $825 billion economic stimulus plan that is expected to be voted on this week.READ»