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...visionaries, you won't check in at all, or not knowingly: you will simply pass a face-scanning surveillance camera. So why haven't high-tech tools replaced easily faked documents and fallible clerks? "It is a question of standardization," says Joseph Atick, co-founder and ceo of Visionics Corp., a company that has face-recog-?nition systems already on the market. "What good is biometric technology if only one company or one country accepts it?" The International Civil Aviation Organization is taking steps toward global standards now, but Atick estimates it will be about three years before the travel...
...Dinosaurs became extinct because they could not adjust to a rapid change in the environment." NOBUYUKI IDEI, Sony Corp. president, telling global business leaders at Davos, Switzerland, that they must keep pace with technological change...
...Murdoch's News Corp. is making serious headway in its talks to acquire what Murdoch considers the missing piece in his global media empire: DirecTV and its 10 million U.S. subscribers, currently owned by Hughes Electronics (which is in turn owned by General Motors, which makes more sense if you think of Hughes as what it used to be - a defense contractor...
...deal, as it's taking shape, is complicated. First, GM would spin off Hughes into a separate company, which would then be merged with News Corp.'s own satellite unit, Sky Global Networks. The resulting company would be majority-owned by new Hughes shareholders (currently, the company is merely a tracking stock) but controlled by News Corp. by virtue of its largest-shareholder 36 percent stake, giving Murdoch control over the day-to-day operations. (There are some other potential machinations, including a $4 billion investment by Microsoft, but with the deal weeks away from even glimpsing the finish line...
...Many companies can't afford to be interrupted. It's a matter of life and death," says Dr. Ake Almgren, CEO of Capstone Turbine Corp., which has sold more than 1,000 units in two years to outfits ranging from high-tech start-ups and hospitals to a Blockbuster Video store and a BP Amoco gas station. According to estimates, 10% to 20% of new power will be distributed by 2010, so it's no wonder that heavyweights like Honeywell and Ingersoll-Rand are moving into the burgeoning business. Still, Maureen Helmer, chairman of the New York State public service...