Word: compaq
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Dates: during 2000-2009
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...iMac did bring converts into the Apple tent. Besides, if all goes according to plan, merely by surviving Apple could grow into other areas. Jobs believes the shake-out in the computer industry will result in Apple's being one of four computer makers left standing. The other three? Compaq and/or Hewlett Packard, Dell and Sony. The rival he's pursuing most aggressively is Sony, which not only makes stylish computers ("They copy us like crazy!") but also makes plenty of digital lifestyle products. "I would rather compete with Sony than compete in another product category with Microsoft," he says...
...gigabyte-to-gigabyte competition for customers like Citigroup that need the world's most powerful machines and can pay more than $1 million a pop for them. Below Sun and Big Blue are innovators like Hewlett-Packard that develop much of their own technology or firms like Compaq that buy it through acquisitions (as Compaq bought...
Drug companies Novartis and Johnson & Johnson have set up venture funds to ensure access to the latest technologies. This fall Eli Lilly joined their ranks with a $75 million biotech fund. And IT firms such as IBM and Compaq are getting involved. IBM works in partnership with investment banks like Boston's Oxford Bioscience Partners to provide funds for promising start-ups. Says Carol Kovac, general manager of IBM's life-sciences program: "We see this as the next major scientific revolution for the decade...
...Compaq, which got in early by assisting the human-genome mapping projects, has the largest market share at 37%. It is working with Celera Genomics and the U.S. government to build a supercomputer that will perform 100 trillion operations a second--enough to read the entire Library of Congress, some 18 million books, 30 times a second. Says Ty Rabe, a director at Compaq's bioinformatics program: "The life-science industry will be as important to the world economy in the next decades as the computer industry is today...
...Sensing an opportunity, Werner Klemperer's family auctions his monocle TEOFILA MARTINEZ Mayoress of Cadiz is offered a role in the new 007 movie. Rudy Giuliani was passed over despite a fresh waxing and skimpy bikini Losers CARLY FIORINA HP CEO in trouble as Hewletts and Packards oppose Compaq merger. Undoubtedly both of them once owned Presarios MARTHA STEWART Ms. Do-It-Right gets in copyright trouble over her show's theme song. What's the correct etiquette for totally screwing someone over? COURTNEY LOVE Cobain's widow sued by surviving Nirvana members. Apparently, the tiff involves her plan...