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This was the scene in front of Goldman Sachs CEO Lloyd Blankfein’s apartment building Sunday, as photographed by TIME’s Deirdre van Dyk (who came across it after running a race in Central Park). The protesters were mad about, among other things, a Goldman-backed company shutting down the Stella D’Oro biscuit factory in the Bronx and moving production to Ohio. But clearly Goldman is creating jobs in the crucial squid-puppet manufacturing sector:
How high can Apple soar? The tech juggernaut is closing in on $500 per share, a dramatic psychological threshold that underscores the company’s stunning performance over the last decade. How massive has Apple become? It’s now worth more by market capitalization than Google and Microsoft combined. The company’s latest stock price surge is being fueled by rumors that a new version of the iPad — the iPad 3 — will appear next month.
Now that federal regulators appear poised to approve Google’s $12.5 billion purchase of Motorola Mobility, speculation is mounting about what the Internet giant will do with its newly acquired assets. And what assets they are. Once the deal is formally approved — an announcement could come next week, according to multiple reports — Google will be in possession of some 17,000 patents related to mobile phone technology. And it will be well-situated to enter the hardware business, which could mean that consumers will soon see Google-branded phones and home entertainment devices.
