Word: optic
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Dates: during 1990-1999
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...that computing power--the capacity of microprocessors and memory chips--would become nearly free; his company kept churning out more and more lines of complex software to make use of this cheap bounty. The law that will power the next few decades is that bandwidth (the capacity of fiber-optic and other pipelines to carry digital communications) will become nearly free...
Jack Berkman founded the Associated Communications Corporation, now called The Associated Group. The company has holdings in radio, television and cellular telephones. Its subsidiary company, Teligent, develops fiber-optic technology...
MISSION: High-altitude voyeurism. The reconnaissance plane collects multisensor photo, electro-optic, infrared and radar imagery--day or night and in all kinds of weather. It's been used to peek at everyone from Khrushchev to Castro to Ho Chi Minh, left. Among its more benign photo ops: floods, volcanoes and crops...
...telephone, and the fax machine--will condense into one "super-appliance." This tele-compu-video-fax-phone will change technology so that all tele-communications, from logging on to the Internet to talking on the telephone to receiving cable television, will take place through a new type of fiber-optic cable wire now being laid by cable and telephone companies. Laying this cable wire would provide students with cable television now while keeping Harvard ahead of the technological times...
WorldCom's muscular stock has become Ebbers' checkbook. He paid $2.5 billion in 1995 for a company called WilTel and its 11,000-mile network of fiber-optic cable, making WorldCom the fourth largest U.S. long-distance carrier. But he soon found himself tossing and turning at night because he had little in the way of local service to sell. So while driving to work on Aug. 12, 1996, he dialed up James Crowe, chairman of a local-service provider called MFS Communications, to propose a deal. By the time Ebbers hung up, he was ready to shell...