Word: ambra
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...just 25, Ambra Medda, below, is the toast of the design world. She is responsible for helping lift the industry (once thought of as the illegitimate stepsister of art) to the same level of esteem that the art world has long enjoyed. In December 2005 Medda, along with Sam Keller, co-founded Design Miami/, a fair created to run in conjunction with Art Basel Miami Beach. It was a forum for collectors, dealers and experts at the highest level to come together to converse, shop and exhibit. What started out as an experiment became an immediate, roaring success?it raked...
...products such as the ThinkPad notebook PC, and to beat them at their game of discounting. The company has filled practically every market channel with a new line of PCs, including models aimed at homes and small businesses. Next month Big Blue will introduce a bargain-basement line called Ambra that will not carry the IBM logo. The overall strategy has apparently worked. After losing $2 billion in the past two years, IBM's PC business is expected to report a small profit this week. "We're here to stay," says Cannavino. "When the music stops again, and there...
...parting company. After relying almost exclusively on the Santa Clara, California, company for the silicon chips that serve as computer brains, IBM has moved to reduce its dependence on Intel by turning to competing vendors. In Europe, IBM last year began selling a low- cost line of PCs called Ambra, which runs on chips made by Intel rival Advanced Micro Devices. IBM also demonstrated a sample PC using a chip made by another Intel enemy, Cyrix. And last October IBM said it would begin selling the company's own chips to outsiders in direct competition with Intel...
...troubles. Like other businesses, they will get less generous deductions for depreciation, and that is an especially important item for them, since their business consists so heavily of dealings in those highly depreciable properties, buildings. Adding up all the ways in which realty taxes will be increased, Chris D'Ambra, a San Francisco insurance broker who has been reducing her tax liability by investing in limited real estate partnerships, figures that strategy will no longer be advantageous. Says she: "My empire is on hold...
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