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...Bush says he is "concerned about rolling blackouts in California? I'm concerned what that could mean to entrepreneur growth and to high-tech industry." But his White House shows no new intention of lifting a finger to help, not with federally imposed price caps on wholesale prices, not with anything. And why should it? California is making Bush and Cheney look smart, and Democratic governor Gray Davis' optimistic conservation initiatives look a like a waste of money and breath...

Author: /time Magazine | Title: California Still Priming the President's Energy Pump | 5/9/2001 | See Source »

...tonic, batteries or green tea, boxers or beer. It's all enticingly on display under the fluorescent lights of a truck-sized vending machine parked in the lobby of Tokyo's Shibuya Excel Hotel. The New Economy comes in a variety of offerings, and this is the ultimate in high-tech self-serve. Manufactured by Sanyo Electric, this fully automated mini-convenience store is part of a new generation of vending machines popping up in a country that's long been obsessed with coin-slot culture. Sanyo's Auto Shop Vendor isn't just bigger than the Coke-and-coffee...

Author: /time Magazine | Title: Vending the Rules | 5/7/2001 | See Source »

...shareholders. "Boeing's basic thinking has changed," says Nisbet. "It isn't who can sell the most airplanes but who can make the most money." In order to do that, Boeing is promoting itself not merely as an airplane maker but as a diversified aerospace company with high-tech missile-defense contracts, space and communications systems and a growing aircraft-service business. To emphasize its new orientation, Boeing in March announced plans to relocate its corporate headquarters. Its earnings for the first quarter were $762 million, up more than 100% from the same period last year...

Author: /time Magazine | Title: Bigger vs. Faster | 5/7/2001 | See Source »

...this has relevance to the future of the high-tech industry. It's become conventional wisdom that soon more consumers worldwide will access the Internet by mobile phones than by PCs. Well, maybe. But in the U.S., the world's richest market, some of the most popular applications of Internet technology seem singularly unsuited to a mobile phone, even when the much heralded third-generation phones are in common use. A phone's display is never going to be big enough to handle the rich displays of text and graphics of the American news and financial-services sites. And dare...

Author: /time Magazine | Title: Downsizing to Wireless | 5/7/2001 | See Source »

...Grimonprez’s art is more atmospheric than digital. The exhibition’s aims scream high-tech, cool, innovative—but aesthetically, all the gallery offers is three white walls, a yellow lounge seat, a bunch of airline flight magazines and two televisions with a video stand. But then you pop a video into the VCR, take a seat on the lounge cushion, and while waiting for the video to load, grab a magazine. There the art begins...

Author: By Patrick S. Chun, CONTRIBUTING WRITER | Title: Race In Digital Space | 5/4/2001 | See Source »

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