Mark Fleischmann

In its haste to launch the site, Google fell into the same trap as Amazon: It hasn't managed to negotiate sales terms with the music industry. So no store, just storage. Like Amazon's Cloud Player, Music by Google will also play stored music directly from the web.

The SCC, as it explains itself, "tracks the lost opportunity costs to the U.S. economy and consumers with every minute we delay responsibly managing our nation's spectrum resources. The Spectrum Crunch Clock estimates that we have been losing $14,444 per minute since the clock started ticking on March 16, 2010, when the FCC introduced the National Broadband Plan."

Worldwide, consumers are replacing both tube-based and flat-panel sets at a faster rate than they had in the previous 10- to 15-year average. What's attracting them are not the latest technologies, such as 3DTV or IPTV, but more basic things such as picture quality and price. See press release.

The 81-year-old founder of the Bose Corporation graduated with MIT's class of 1951, eventually taking bachelor's, master's, and Ph.D degrees. He joined the faculty in 1956 and taught electrical engineering until 2001. In a letter to his employees, Dr. Bose cited his debt to Professors Y.W. Lee, Norbert Wiener, and Jerome Wiesner.