Word: high-tech
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None of which means F1 is out of the woods. The audience for the sport may be changing, but the sport's culture has not. Yet it must. F1 is about as likable as a 250-lb. bouncer. It lives in a high-tech bubble and thrives on a velvet-rope mentality that keeps all but a few very high rollers far away from the cars and the drivers. "F1 has gotten extremely constipated and overly grand for itself," says Jackie Stewart. "When I was a wee boy, I went to the track and got [Juan Manuel] Fangio's autograph...
...dollars for green jobs and alternative-energy strategies that included almost $20 billion for energy efficiency, $26 billion for renewable and alternative energies and $10.5 billion for electrical-grid modernization. The investments went a long way toward fulfilling the lobbying efforts of several core Democratic constituencies - unions, environmentalists and high-tech companies - which had been mounting more aggressive campaigns on behalf of the clean-energy sector as the Bush era came to a close. (See the top 10 green ideas...
...company that makes Web-enabled home thermostats. Describing his investments as "missionary" work, Doerr stepped up his political advocacy for the energy savings they could generate. In 2006 he headed a lobbying push that led California lawmakers to adopt the first state limits on carbon emissions, presaging the current high-tech campaign for clean energy in Washington. "I have referred to prior energy policies as really the sum of all lobbyists," Doerr told TIME in February. "My lesson about policy is not to argue about your self-interest," he told a group of smart-grid venture capitalists in late...
...Kremlin wants to engineer its own Silicon Valley. In a plan that was revealed in February, the Russian high-tech haven will come complete with new-wave architecture and all the comforts of a resort, a place for Russian geniuses to get together and invent the biggest thing since, well, the Internet. That's the hope, anyway. President Dmitri Medvedev, who has cultivated the image of a tech-savvy liberal, is staking much of his economic vision on the plan's success. And Russia has a resource that other nations envy: a fervid hacker culture with a reputation for excellence...
Another motive behind Russia's high-tech endeavor seems to be staking out a part of the industry and a part of the Web that is distinctly Russian. This came through in a parallel initiative approved by Medvedev in November. It would allow Russian speakers to be the first to register Web addresses in their native Cyrillic script rather than in Latin letters like everybody else. Andrei Kolesnikov, the official in charge of implementing the idea and registering Cyrillic domain names, says using the Russian language online is the nation's "birthright." He concedes, however, that it offers "no technical...