Word: giant
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Dates: during 1990-1999
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SANTA CLARA, Calif.: Andrew Grove has resigned as CEO of microchip giant Intel, and will be replaced by his No. 2, Craig Barrett, it was announced this morning. Grove, who is battling prostate cancer, will stay on as chairman. "I would like to focus more of my time on broad strategic issues concerning the industry and Intel," he said in a statement. Wall Street was unfazed by the news as Intel stock rose $1 in midday trading, and the company said it would increase its stock buyback plan by 100 million shares to 129.8 million...
BRUSSELS: The Euro is real, and it arrives in eight months and six days. The European Union took a giant leap forward Wednesday by officially recommending 11 nations to be included in the new currency next January: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain. "We are at the end of an historic process," said EU president Jacques Santer...
This, as I said, was almost four years ago, when, to all outward appearances, Microsoft was a sleeping giant that hadn't yet awakened to the Internet blooming all around it. So Zawinski and his compadres put in 120-hour weeks. They had no lives. They coded until the sun rose, then slept under their desks. And in October 1994 they launched their killer app, known initially--forgive the hubris--as Mozilla. It was a play on Godzilla, as in "Mozilla will rule...
...Then the giant awoke. Fast-forward to late 1996, when Microsoft launched the third revision of its Internet Explorer: it was finally usable. Linked to Windows and bundled with virtually every PC sold, it soon became unavoidable. Netscape's browser revenues went into free fall. It looked as if the company was doomed...
...YORK: Continuing the conglomeration of all things media, German giant Bertelsmann AG snapped up America's largest publishing house Monday. Random House, which hires such pen-pushers as Michael Crichton, Norman Mailer and John Updike, was sold for an undisclosed sum. The big news for web users is that Bertelsmann, the world's third-largest media company (behind Time Warner and Disney), is in the midst of creating BooksOnline, a rival to Amazon.com and Barnes & Noble -- which will be a lot more comfortable with Random House's back catalog...