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...Research, a technology research company based in Boston, estimates that 40% of all new manufacturing-related software already incorporates some form of AI. "Everyone is interested in analyzing large bodies of data to determine what is likely to happen," says McColl, the former Bank of America CEO. "NuTech has figured out how to do that." McColl joined NuTech's board in September and has invested in the company. He and Walesa will receive stock options that could prove valuable if the company successfully goes public. Michalewicz says the 126-employee firm has almost 100 customers and is turning a small...

Author: /time Magazine | Title: Business Technology: Where Lech Walesa Does Tech | 11/14/2007 | See Source »

...take more than a decade and hundreds of millions of dollars in development costs for a company to market an effective drug from natural resources, and the big scores are rare. But they do happen. As many as a quarter of all prescription drugs today are linked to the kinds of indigenous discoveries that make Brazilian catuaba bark a rain-forest version of Viagra for the herbal-supplement crowd. Two of Eli Lilly's more successful cancer drugs, Velban and Oncovin, were developed from Madagascar's rosy periwinkle plant, found through a shaman some 40 years ago. In the 1990s...

Author: /time Magazine | Title: Jungle Medicine | 11/14/2007 | See Source »

...respectful of the 136-year-old company's traditions. Just as in the mountains, he moves with care. "Peter Brabeck lives life to the full, but he's circumspect," says Vreni Spoerry, 64, a nonexecutive Nestle director for the past decade. "He's good at anticipating what might happen and seeing where the risks lurk...

Author: /time Magazine | Title: Nestle's Quick | 11/14/2007 | See Source »

...Sarkozy has pledged that isn't going to happen - but convened eleventh-hour meetings with unions Tuesday night. Despite the gesture, unlike previous reformers, Sarkozy's got a key ally in public opinion this time. A Libération poll published Tuesday found 59% of respondents backed his offensive on the "special regimes," with 52% approving the planned public sector job cuts. Analysts like Reynié also note the platform of sweeping reform Sarkozy was elected on in May is still fresh and expected in peoples' minds. But is that support enough? The same Libération poll showed large...

Author: /time Magazine | Title: Transport Strikes to Derail Sarkozy? | 11/13/2007 | See Source »

...Europe for sometime now. In a way, it's encouraging, as the more time that passes without it mutating suggests it might not be able to mutate into a form that could cause a pandemic. But influenza is so unpredictable it's impossible to say for sure what will happen with this strain," he said...

Author: /time Magazine | Title: UK Bird Flu Outbreak Is Deadly Strain | 11/13/2007 | See Source »

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