Word: silicon
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Dates: during 1990-1999
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...also buy that spirit. To restore morale, Jobs says, he went to the mat with the old board to lower the price of incentive stock options, which had become virtually worthless as the share price sagged. In Silicon Valley, where job opportunities are as common as Porsches, stock options are crucial to retain employees. When the board members resisted, he pushed for their resignations. Jobs repriced the option at $13.25. Apple employees have already made...
...taking off. Eleven years ago, he clicked his mouse on the Hollywood icon and bought Pixar from Star Wars director George Lucas. He has dumped upwards of $55 million of his own money into the venture and fairly burbles with that famed charisma over his new mission: marrying Silicon Valley technology to Hollywood's creative genius. His studio became the first--besides Disney--to hit it big with an animated movie, Toy Story, which cleared a respectable $37 million for the fledgling studio. Jobs owns 60% of Pixar, which is valued at anywhere from $700 million to $800 million...
...what will surely go down as one of our era's iconic images: Gates' tousle-haired grin looming from a giant video screen over the tiny figure of Apple "adviser" Jobs, who stood on the podium watching his strange bedfellow confirm Microsoft's decision to bail out the seminal Silicon Valley start...
...faithful's reaction to the Gates-Jobs duet was pretty much what anyone conversant with the Apple cult would have expected. "Mass suicide planned tonight in Silicon Valley," read a typical posting to the newsgroup alt.destroy.microsoft. And the MacWorld crowd booed Gates' image even more than Jobs' turncoat words. But there were cheers too. "Everybody was booing Microsoft," says attendee Mark Lilback, 24, "and then they were like, 'Oh, Bill Gates is listening to this,' and they started to applaud." Who could blame them? They knew the truth: they were a conquered kingdom's starving partisans. Booing Gates meant biting...
...there's plenty about Macintosh that's worth controlling. Gates' richest prize may be Apple's intellectual property, both silicon-and carbon-based. The graphic designers, software gurus and other artsy types who constitute the Mac's most fervent cadres are a disproportionately influential market niche. Some two-thirds of all Websites are thought to have been created on Macs. "It's very attractive to Microsoft to have access to cutting-edge Mac developers," says Kurt King, an analyst with San Francisco-based Montgomery Securities, "particularly in areas like video streaming and other graphics technologies that represent the likely future...