Word: dotcom
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...Starbucks, the music foray has some risks. While selling CDs will boost revenues--in April, same-store sales were up a healthy 9% over a year earlier--some analysts warn that the media bars may be a distraction. In the 1990s, Starbucks jumped into the magazine business and dotcom investments with disappointing results...
...wagons to it. He's still willing to put down big bets when there's big action. And in this case Microsoft has managed to bind together cultural and technological trends in the same densely engineered overdetermined artifact. We tend to write off the past five years, the post-dotcom years, as a period of relative technological stagnation, especially when compared with the furious frenzy of Internet innovation that preceded it. But since 2000 we've experienced a massive, largely uncelebrated transformation. We've seen the rise of digital music. Digital cameras have become ubiquitous. HDTV is finally coming into...
...have an empty nest now, so what's me? They seem to feel the need to have somebody help them through the process." Kimberly Fulcher, who ran a software company in California's Silicon Valley, was lucky enough to have an early midlife crisis - at 28 - before the dotcom crash, and sold the business while it was still valuable. She trained as a life coach and built a clientele of women she coaches by phone for a monthly fee of $500 to $1,000. Hoping to find an efficient way to reach women with fewer disposable dollars, she launched...
...There's a swagger among miners from Mount Isa to Perth, and it's largely thanks to China. Last year, exports to the country soared: nickel by 88%, coal 72%, copper 35%. No longer do miners feel outdated and outsmarted by the dotcom people. China's growing metal consumption is pushing up prices across the board, giving companies the upside they need to commit to exploration and mining projects. Comalco, owned by Rio Tinto, recently commissioned an alumina refinery at Gladstone in central Queensland, the first plant of its kind to be built in the world for 20 years...
What's the bottom line? Wireless companies like Jamdat and Infospace are getting panting attention from venture capitalists convinced that cell-phone services are their newest gold mine. Wall Street has started to grill every consumer company about its wireless strategy. But this hypefest isn't quite like the dotcom delusion. "This started with a business model," notes Disney's Shapiro. "We're being prudent...