Word: multibillion
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...growth industry - and for very good reason. Burgeoning Web companies face the prospect of a 20-year-old being able, across international boundaries, to halt the entire business of a multibillion-dollar corporation. Private industry isn't about to wait for law enforcement agencies - and the problems of international cooperation - to catch up to this wily young crop of mischief-seekers. In fact, firms may be more willing to cooperate with their fellow e-businesses than with big government agencies, particularly those from other countries, for fear of compromising web secrets. So if you're looking for a hot stock...
...aesthetics and ease of service at the site," McClure says. And while Net businesses may be tempted to pump their time and money into the more visible aspects of a site, the current threat to their bottom line may force them to rethink their priorities. After all, seeing a multibillion-dollar web site brought to its knees by a group of not-so-bright pranksters doesn't inspire a whole lot of confidence on Wall Street - or among consumers and advertisers...
Craig Venter has no shortage of rivals who would love to see him fail--especially among scientists at the Human Genome Project, the multibillion-dollar government-sponsored effort to map every one of our 100,000 genes. When the millionaire molecular geneticist announced in 1998 that his company, Celera Genomics, would do the job in a third of the time at no cost to the taxpayer (thereby making the Genome Project seem like a wasted effort), the scientific community was split into two camps--one group of researchers hoping he could make good on his promise, the other predicting...
...advocates will remind the public how difficult it is to "hit a bullet with a bullet"; detractors will claim the test proves their claim that the system is a multibillion-dollar waste of time. And Russia will fume at Washington's disregard for the 1972 Anti-Ballistic Missile treaty, which sharply limits the deployment of such systems. Still, don't expect that to restrain politicians on both sides of the aisle from lavishing billions of dollars on the program - it's enormously popular on Capitol Hill, and unlikely to be scaled back in an election year no matter how poor...
...Bill Clinton has the type of year he wants, all of the candidate debates over how to spend America's projected budget surpluses will be moot. It seems that the post-Y2K Clinton has narrowed his focus to fulfilling seven-year-old campaign promises, and has been churning multibillion-dollar proposals through the White House almost daily. The latest proposal could help avenge the biggest embarrassment of his presidency (well, the biggest policy embarrassment): the failed Bill/Hillary health care reform of 1992-93. On Wednesday the President proposed a $28 billion plan to subsidize long-term care for those with...