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DirecTV--owned by General Motors' Hughes Electronics Corp.--would be the missing piece of the planetary puzzle for Murdoch's News Corp. Its Sky Global Networks has 85 million subscribers spread across Europe, Asia and Latin America. DirecTV would deliver the U.S. in a bold way. The addition of DirecTV's 10 million households would make Murdoch No. 1 in satellite TV in the U.S., and No. 3 in pay TV, behind only AT&T's cable operations, with more than 14 million cable subscribers, and AOL Time Warner, with almost 13 million. (AOL Time Warner is the parent...

Author: /time Magazine | Title: Satellite Showdown | 8/20/2001 | See Source »

Businesses are quicker than ever to cut off fired employees' access to computer systems and more willing than ever to go to court. This year Silicon Valley celebrated a landmark prosecution in which, after four years, Avant Corp. and seven of its current and former executives were forced to pay $220 million in fines and restitution for stealing secrets from a rival tech firm. Avant got information by paying off an engineer from the targeted firm...

Author: /time Magazine | Title: The New Rules for Keeping Secrets | 8/20/2001 | See Source »

With no fanfare, Thomson set himself up six years ago in an off-campus lab under a nonprofit arrangement with the University of Wisconsin's alumni association. That way he freed himself from existing federal restrictions--and avoided jeopardizing the university's government-funded research. Geron Corp., the Menlo Park, Calif., biotech firm that was financing Gearhart's efforts, partly bankrolled Thomson's work in exchange for commercial rights. (Thomson, however, was free to distribute his stem cells to fellow academics.) Because he could afford only one part-time assistant, he ended up doing much of the work himself, getting...

Author: /time Magazine | Title: Cellular Biology: Stem Winder | 8/20/2001 | See Source »

...itself to the world. Tens of thousands of individuals are on the journey, people like Gong Jian, a 30-year-old exporter I met over tea in the elegant Portman Ritz-Carlton hotel in Shanghai. His title might sound prosaic: manager of footwear department No. 2 for Shanghai Lansheng Corp. But he exemplifies the cosmopolitan business Elite in China's coastal cities, leading the export charge that explains why Magic Chef refrigerators and seemingly everything else on sale at the 3,500 Wal-Mart department stores in the United States say "Made in China." Each year Gong and his team...

Author: /time Magazine | Title: The Asian Voyage: In the Wake of the Admiral | 8/20/2001 | See Source »

...nation would be lurched back to old-style Thai politics, and tainted justice?or even more familiar?sanctimonious injustice. Thaksin had been charged with failing to declare assets when he was Deputy Prime Minister in 1997 and parking those hundreds of millions of dollars worth of his Shin Corp. shares in his drivers' and maids' accounts. Thaksin's defense consisted of testimony ranging from blaming his wife to stating everybody did this (or at least every billionaire did this) and that, at any rate, it was an honest mistake. Most Thais, inasmuch as they follow politics, believe Thaksin was probably...

Author: /time Magazine | Title: In The Clear | 8/13/2001 | See Source »

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