Word: high-tech
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...This is a big hit for a small community," said John S. Airasian, chair of the civic group that developed the Arsenal from a 200-year-old military base into a corporate campus for high-tech and consulting firms...
This is the Disney version of South Park: cheeky, sketchily drawn kids in conflict with clueless, tyrannical adults. Given its auspices, Recess is infinitely less transgressive than the competition; its dialogue will not bring a blush to a parentally guiding grownup's cheek. Here, summer vacation is under high-tech threat from a rogue teacher--vocally characterized by a comically nasty James Woods--who is easily thwarted by the busy brats. It's a weightless, but not entirely feckless, way to pass a rainy afternoon when your kids are whiney and restless...
...Joint Stand Off Weapon, which is guided by a high-tech global positioning system (GPS) can be launched as far away as 120 miles from its target, and in ideal conditions detonates within a few yards of its "aim point." That was obviously not the case during last week's bombings, and the Navy is currently investigating the data input and tracking systems on the weapons, in hopes of pinpointing the problem...
Asian nations have tended to follow the Japanese export model of development, starting with labor-intensive manufacturing of low-cost items like shoes and garments, then moving up the high-tech ladder to refrigerators, TVs, vcrs and, eventually, computer components and software. North Korea doesn't have that luxury: it has no cash for capital investments and no private sector. South Korea has a unique opportunity to pump up North Korea's economy. Despite years of animosity, it is probably in the South's interest to facilitate the North's economic growth. "If North Korea collapses and forces premature unification...
...online service announced its merger with Time Warner (TIME's parent). Though global in outlook, Bertelsmann has relatively few broadcast and Internet assets in North America, so the German giant could soon be trolling for bargains among companies that have been bloodied by the precipitous fall of the U.S. high-tech stock market nasdaq. The RTL deal also provided outsiders an intriguing glimpse into Bertelsmann's finances. Company officials say the in-house price attributed to the RTL share swap was $9 billion, roughly a 100% premium over the actual stock market valuation of RTL's shares. Using that figure...