Word: high-tech
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...largest online supermarket left standing--Peapod.com serving New England and Chicago--is now owned by the $65 billion Dutch mega-chain Royal Ahold. Having a Dutch uncle has won Peapod its first operating profit since the high-tech home-delivery service was founded in 1989. It expects to be fully profitable by 2003, partly because it curtailed its early ambitions. "We got too big," says Marc van Gelder, a former Ahold executive who is Peapod's ceo. "Now we're staying east of the Mississippi"--and binding the company tightly to Ahold-owned stores and distribution centers...
...clock is ticking, and it may tick a little faster now," says Pat Steele, executive vice president in charge of Albertson's high-tech experiment in Seattle. His online sales have jumped 300% in the week since Webvan's demise. "The next three to six months will be the telling time...
Williams believes that PVI's high-tech hocus-pocus, already the target of some media watchdogs, could easily triple the ad dollars each program generates. With iPoint, the system Williams has been developing, digital set-top boxes could tailor virtual ads to individual viewers, based on their demographics and buying habits. Pizza Hut could go after Domino's customers, enticing them to click on an image to order a pie. "We can literally target individual TV sets," says Williams. He just has to hope that most people, unlike him, are still busy watching them...
...past several years - making sure to mention what difficult ones they were to be in charge of U.S. monetary policy. He took lawmakers through the boom and the bust that followed so closely behind, from the inventory imbalances to the layoffs to the housing market to the high-tech bubble. He even lingered a moment to explain - again - why that last 50-point rate hike in May 2000 was a good idea at the time...
...What is the future of voting? Will we see a high-tech solution in the near future...