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...bottom line is this: If we make no course corrections now, an unacceptably large gap between our expenses and our revenue will develop in 2004-05,” Vest said in a prepared statement. “We must put together budgets for next year that will eliminate this gap. This will be difficult, and for some parts of the Institute, it will be painful. But there is no way around it, and I am absolutely confident that together we can work through this period and begin a recovery in the following year...

Author: By Risheng Xu, CONTRIBUTING WRITER | Title: Facing Budget Crisis, MIT Slashes Costs | 12/2/2003 | See Source »

Educated as an electrical engineer, Kutaragi joined Sony in 1975 and helped develop several cutting-edge products: a liquid-crystal-display projector, a sophisticated sound-processing chip, an early digital camera. And when a joint venture with Nintendo to build a home-video-game console broke down in 1990, Kutaragi demonstrated vision and management expertise. Rather than concede the business to Nintendo, he formed a team within Sony to build a better system, pressing ahead against internal opposition. PlayStation, released in late 1994, vaulted over Nintendo's Super NES to become the world's top home-gaming platform...

Author: /time Magazine | Title: KEN KUTARAGI, SONY: Playing His Way to the Next Level | 12/1/2003 | See Source »

...Another Total ethics warrior is Jean-Michel Gires, 46, who is responsible for the company's sustainable development efforts. They include ensuring Total is working with local communities around the world and developing new sources of energy, including wind. Gires is especially proud of a recent $4 billion project in Venezuela that produces and refines extra-heavy crude from the Orinoco basin that a decade ago would have been left in the ground. As part of its efforts to support people living in the area, Total not only built schools, medical facilities and roads but also employed experts to study...

Author: /time Magazine | Title: Operation Total Makeover | 11/30/2003 | See Source »

McKay Professor of Physics Eric Mazur led the effort to develop and implement the laser scalpel, which experts say will revolutionize the world of mechanobiology and nanobiology...

Author: By Risheng Xu, CONTRIBUTING WRITER | Title: Harvard Researchers Create Revolutionary Laser Scapel | 11/25/2003 | See Source »

...trying to develop an in vitro way to study the motor mechanism of the flagella,” Smith Professor of Physics and Professor of Molecular and Cellular Biology Howard C. Berg said...

Author: By Risheng Xu, CONTRIBUTING WRITER | Title: Harvard Researchers Create Revolutionary Laser Scapel | 11/25/2003 | See Source »

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