Word: disks
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...devices that could enable consumers to create free, mint- condition copies of their favorite albums. But last week the hardware makers and the music producers reached a truce, agreeing on a plan under which small royalties will be charged on all digital recording equipment (2%) and blank tapes and disks (3%). The royalties will be distributed to musicians in proportion to their record sales. If okayed by Congress, the draft legislation could provide a boost for digital audiotape and two new formats heading for the market: the digital compact cassette and the recordable mini disk...
...even high performance. That has turned things upside down for IBM and Apple, which find themselves struggling to make their products less distinctive and more compatible with their other rivals. Apple has developed desktop computers that not only run its Macintosh software system but also use the same disk operating system -- or DOS -- used by IBM models. And Big Blue has countered with desktop computers that are more user friendly, in the spirit of Macintosh...
...Federal Trade Commission has cracked down on a handful of infomercials for unsubstantiated claims, misrepresentation or outright fraud. One was the EuroTrym Diet Patch, an adhesive disk that attached to the skin and was supposed to curb the appetite. (It didn't.) The producer was slapped with a $1.5 million fine for making false claims for the device, as well as for two other products, Y-Bron, an impotence remedy, and Foliplexx, a treatment for baldness. At least six more infomercials are currently under investigation. "People are mesmerized by TV," says Barry Cutler, director of the FTC's Bureau...
Callahan's dooming moment came during a practice the week after the Crimson's second game of the season--a blowout win over Northeastern which lifted Harvard's record to 2-0. While turning after a routine compression blocking drill, the Kirkland House resident incurred a seriously herniated disk...
...native of South Dakota, Colvin, 37, majored in economics at Harvard. While still in school and just afterward, he worked as a disk jockey for classical- music radio stations. (He still puts his radio voice to good use, as a commentator on business for CBS Radio.) Colvin spent three years as a ghostwriter for CBS Inc. chairman William S. Paley's autobiography, As It Happened, before joining FORTUNE as a reporter. An editor there since 1984, he has worked on virtually every kind of story the magazine covers, though his primary responsibility is the Managing section...