Word: betamaxes
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...think Japan's hard-drinking business culture is as dead as a Betamax, think again. After more than a decade of austerity (not to mention sobriety) during the nation's economic slump, many Japanese companies are thriving--and they're reviving some of the customs that were hallmarks of Japan Inc. during the booming 1980s. Not only are company-sponsored drinkathons back, so too are subsidized dorms for single employees as well as corporate outings and visits to the founder's ancestral grave. "We realized that workplace communication was becoming nonexistent," explains human-resources manager Shinji Matsuyama, whose company, Alps...
...think Japan's hard-drinking business culture is as dead as the Sony Betamax, think again. After more than a decade of austerity (not to mention sobriety) during Japan's lengthy economic slump, many Japanese companies are thriving today - and they're reviving some of the business customs that were hallmarks of Japan Inc. during the booming 1980s. Not only are company-sponsored drinking marathons back, so too are subsidized dorms for single employees as well as corporate outings such as hot-spring retreats and annual visits to the company founder's ancestral grave. "We realized that workplace communication...
...full resolution of the format. That will change as prices for those TV sets decline. But consumers may also be reluctant to invest in the PS3 given that Sony and Toshiba are waging a format war over next-generation DVDs--no one wants to be saddled with another Betamax. "A lot of the technology in the machine will not drive the market until the end of the PS3's life cycle," says Yankee Group analyst Mike Goodman...
...format war reminiscent of Betamax vs. VHS, in which the biggest losers were the manufacturers of the defeated format (in that case, Sony) and the consumers who bought the wrong machines. If you have an HDTV and you're dying to watch movies in their full HD splendor, the Toshiba box isn't a bad idea. If you're a game player, you will probably want to hold out for the PlayStation 3 or the Xbox HD DVD drive. If you're the cautious type, you may want to wait for the dust to settle--and the prices to come...
...overturned a Ninth Circuit Court of Appeals ruling in MGM v. Grokster, which found that software developers Grokster and StreamCast Networks met a standard of having “substantial non-infringing uses,” citing the precedent of a Sony Corp v. Universal City Studios decision about Betamax technology in the early 1980s...