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...online stock trading service E*Trade got a big boost Friday afternoon when the giant Japanese software distributor Softbank announced it was investing a fresh $400 million in the upstart brokerage. Forget Kleiner Perkins -- the Tokyo-based Softbank is the real kingmaker when it comes to anointing web frontrunners. The investment raises Softbank's stake to 27% of E*Trade, and matches the company's large ownership interest in other web winners like Yahoo (31%) and Geocities (35%). Softbank also owns more than 70% of electronics publishing giant Ziff-Davis...

Author: /time Magazine | Title: E*Trade Gets $400 Million Tap From Web Kingmaker | 7/13/1998 | See Source »

Fleming Companies, an Oklahoma City-based wholesale food distributor and owner of the Piggly Wiggly supermarket franchise, has developed a concept called Chef's Cupboard in 150 of its markets, offering food on a par with Boston Market. Fleming has also begun a new market prototype in Hartsfield, Ohio, called the IGA Supercenter. At the 62,000-sq.-ft. grocery behemoth, shoppers can drop off their kids at an on-site center and monitor them on TVs set up in the aisles; pick up traditional food or a hot entree, or take a lesson at IGA's cooking school; withdraw...

Author: /time Magazine | Title: The Joy Of Not Cooking | 6/1/1998 | See Source »

...either do it like this, or we don't do it at all. It's your trademark, but if you don't do it this way, I'll go make another movie, and you'll have to find someone else.'" That argument carried some weight: Toho was the Japanese distributor of Devlin and Emmerich's Independence Day and made a bundle from...

Author: /time Magazine | Title: Cinema: What In The Name Of Godzilla...? | 5/25/1998 | See Source »

...without any particular controversy in Moscow, former capital of hopelessly square Soviet socialist morality. After something like a year of relentless salesmanship, producers of Adrian Lyne's near reverent (but by no means inept or exploitative) adaptation of Vladimir Nabokov's modernist classic has yet to find a theatrical distributor in the U.S., where, of course, morally ambivalent entanglements between older men and younger women have lately been hot news...

Author: /time Magazine | Title: Cinema: Taking a Peek at Lolita | 3/23/1998 | See Source »

...wake of publicity over the indictments, have been snapping up The Age of Innocence at $45 a pop and causing it to be virtually sold out in New York City, as I discovered after calling a dozen stores. It is doing well elsewhere too: the British book's American distributor says it is out of stock and has been sent back for a new printing. The public, then, has voted. But me, I'm with the independent bookstore clerk and, just this once, Randall Terry...

Author: /time Magazine | Title: Beyond The Pale | 3/16/1998 | See Source »

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