Word: digitization
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...transfer admissions cycle for only eight students, however, would be impractical and unfair to the hundreds of other students who apply for transfer admission each year. If Harvard were to accept a substantial number of Tulane applicants, the acceptance rate of this special pool would far exceed the single-digit figures that perennially govern the ultra-competitive transfer application process, which would be unfair to standard transfer applicants who face far bleaker odds. On the other hand, if Harvard were to apply the same standard to the Tulane pool as to the general pool, then—statistically, at least?...
...Despite the positive gestures, the two countries still regard each other warily. Years of double-digit growth in China's military spending could within a decade give it the means to project power in the region, and its hunger for natural resources worries American strategists. Says a U.S. official who deals with China, "We talk about China as a rival in our meetings, and that's how they talk about us in theirs...
Cheer up. In the two years since you wrote your story, our endowment has grown by a 10-digit number. Our faculty members have won Nobel Prizes. Our admissions have become yet more selective, yielding a more diverse and smarter student body. Our administration has made a comparatively Herculean effort to improve social life. Our University President has finally decided to stop living in sin. And you’re still not in New Haven...
...make phones as cool as the Razr, there's little doubt they will produce them faster and more cheaply. Motorola's stock is up 58% since Zander took over as CEO, but it has been hovering around $20 for the past four months, despite seven straight quarters of double-digit revenue growth. The fear, as Merrill Lynch analyst Tal Liani explains it, is that despite the Razr's success, "in the long run, the company will face commoditization pressure...
...someone proposed injecting a computer chip in your arm and said it could save your life, would you do it? As Orwellian as it sounds, VeriChip is betting this will be a billion-dollar business. The firm's parent company, Applied Digital Solutions, won FDA approval last year for what it bills as the "world's first human implantable microchip." A radio-frequency identification (RFID) transponder the size of a grain of rice, the VeriChip contains a 16-digit personal ID number that can be scanned like a bar code, providing health-care workers access to your medical records online...