Word: broadband
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Think "Italy," and you'll probably envision sun, pasta, amore, corruption--but not broadband. Think again. Led by Silvio Scaglia, 44, Italy is among the world leaders in a technology called "fiber to the home," which transmits 20 to 200 times as fast as the DSL and cable-broadband services common around the globe. That fiber is fast enough to deliver movies without any hiccups, and to send songs in seconds rather than minutes. Scaglia and his company, e.Biscom, are funneling feature films and sitcoms--plus conventional Web and phone services--to PCs and TVs in six major Italian cities...
...just too expensive. Sounds like a market niche. Last week Apple released the iSight, a $149 webcam that clips to the top of a Mac screen and operates with the latest version of its instant-messaging software iChat. Now people with an up-to-date Mac and a broadband Internet connection can have high-quality video chats with anyone on their buddy list, anywhere in the world. And yes, the service is free. --By Chris Taylor
...star investment banker would be a career-capping accomplishment for many. But that's just where Richardson, 40, got going. She recently left J.P. Morgan Chase, where she helped direct Comcast's acquisition of AT&T Broadband, to join buyout specialists Providence Equity Partners. Her main mandate is to spot deals on media and communications assets for the Rhode Island-based firm to scoop up. She will also help acquired firms accomplish their business plans...
...Kazaa, type in the name of your favorite rock band, and a list of song titles will instantly appear on your screen. See something you like, click on it, and it's yours. An average song might take two minutes to download to your computer if you have a broadband connection. Log on any night of the week and you'll find millions of users sharing hundreds of millions of songs, movies and more...
...also a deft marketer: of all consoles sold last year, 69% were PlayStations, according to the consultancy Strategy Analytics. Kutaragi, 52, CEO of Sony Computer Entertainment, has just been given a second post, as deputy president of the parent company. He will oversee Sony's transformation into a broadband-network giant, with its games, music, movies and gadgets linked through the Internet. The appointment fuels speculation that Kutaragi will someday run Sony...