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...stock was trading at a mere eight cents, or 99% off its November 1999 peak. Since the NASDAQ habitually delists stocks that slip below a dollar, there seemed little chance this e-tailer would stay in the big boys' league. Then some bright (or desperate) spark at company HQ in Foster City came up with the idea of a 25 to 1 reverse stock split. In other words, for every 25 shares you owned before the split, you'd now only own one. The resulting drought should leave Webvan standing $2 tall. Above water, but at what cost...

Author: /time Magazine | Title: Webvan's Last, Desperate Hope | 7/5/2001 | See Source »

...when I showed up at Real Networks HQ in downtown Seattle Tuesday, it was more for the sake of my mental health than anything else. I figured the cure for my fiendish malaise would be easy to find at a company still worth billions in the wake of the tech crash, a company that recently spawned its own U.S. Senator (Maria Cantwell, the famous 50th Democrat and a former Real Jukebox product manager). All I'd have to do was look hard enough among the foosball tables and Odwalla juice fridges of this former cannery building. The place looked like...

Author: /time Magazine | Title: The Future of Music May Be Slipping Away | 5/9/2001 | See Source »

...Pachikov and several countrymen who gave David Yang, one of Russia's up-and-coming tech stars, the seed money to launch Cybiko (www.cybiko.com), a hot gadget that is a toy, mobile phone and teen personal digital assistant all in one. Cybiko's HQ is in Bloomingdale, Illinois, but its 280-strong design and programming team is based in Moscow...

Author: /time Magazine | Title: High Tech, Hard Sell | 4/2/2001 | See Source »

CINEMUS MAXIMUS Gladiator DREAMWORKS Long absent from most theaters, the film was screened at Academy HQ to "celebrate the DVD release." In further celebration, the studio sent out extravagant "making-of" coffee-table books...

Author: /time Magazine | Title: How Much for That Oscar? | 2/12/2001 | See Source »

...high-profile Senate candidate who, of of some quaint, outmoded respect for the thousands of people who have yet to vote for or against this person, I will not name. "This is going to be a very tense time," said a CNN reporter at the Mr./Ms. Senate Candidate HQ. The report was followed by a certain high-profile partisan pundit, married to another certain high-profile partisan pundit, giving a litany of excuses why Mr./Ms. Contender might have done better. Although - oh, by the way - "It's not over...

Author: /time Magazine | Title: The Real Media Bias: Let Judge Mills Lane Decide! | 11/7/2000 | See Source »

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