Word: silicones
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Send the architects south. Silicon Valley may be powerless and profitless, but Houston, the nation's energy capital and home to the oil-baron excesses of the 1980s, is back in "bidness." The energy giants in Texas have big fat wallets these days--and even bigger construction plans. Not since the boom days of 1982, when trophy architects like Philip Johnson and I.M. Pei reconfigured the skyline, has Houston seen so much construction activity by the energy sector...
...mind, the games industry is now a couple of billion dollars bigger than the movie industry in terms of overall sales. Yet there's no geographical equivalent of Hollywood where legendary game designers gravitate. There's a bunch of them in Tokyo, a bunch in San Francisco and Silicon Valley, a bunch in Paris, a bunch in London...
...Cambridge Silicon Radio...
...Cambridge Silicon Radio Private Company based in Cambridge, England CEO: John Hodgson What it does: The company has developed an eagerly-awaited Bluetooth interface, housing a radio transmitter, baseband digital signal processing and microcontroller on a single chip Why it is hot: Demand is expected to skyrocket in the next few years as manufacturers integrate Bluetooth chips into everything from laptops and mobile phones to cameras and cars. Analysts are predicting that about 2 billion Bluetooth devices will be shipped by 2005, creating a market worth up to $10 billion www.csr.com...
...just get sick thinking about all those Silicon Valley optionaires who lost much of their fortune in the tech meltdown? Perhaps not. Poor little not-so-rich kids. We should all have such problems, right? Turns out many of us do. The number of people holding employee stock options is exploding, up 10-fold to 10 million since 1992. And most option holders are in non-tech industries, where the programs are so new that many recipients haven't a clue how to manage this asset...