IBM's (nyse: IBM - news - people) labs announced two major advances in computer technology today.

FORBES: Magazine Article

Cheaper communications and advances in computer technology are allowing service-sector companies to move more and more sophisticated activities to cheaper overseas locations.

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Earlier this month, Bell Labs president Jeong Kim told reporters in South Korea that nanotechnology would be responsible for enormous advances in computer technology.

CNN: Phones will soon be able to smell

Today, two trends -- dramatic, sculptural forms and a Super High Tech that exploits unprecedented advances in technology, both made possible by the computer -- vie for drop-dead honors.

WSJ: When the Outrageous Became Mainstream