Word: silicones
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...company traces its origins to 1988 and a Russian software start-up called Paragraph. It was among the first to develop handwriting recognition and digital ink technologies, which were licensed by Apple for the Newton and are now used in many new-generation personal digital assistants. Briefly owned by Silicon Graphics, the 3-D business was bought back by Pachikov and relaunched as ParallelGraphics, now one of the top 10 Russian software exporters...
...China's Internet firms face the kind of uncertainty their counterparts are experiencing in London, New York or Silicon Valley. At Sina's no-frills headquarters in Beijing, set in a former primary school, employees openly talk of what's next. "I'm nervous," says one Web writer, as she sits in front of a whiteboard filled with scribbled translations of the English words for superstar, IPO and Red Herring. Sina's top lieutenants are committed to globalization?the company distinguishes itself with websites aimed at overseas Chinese worldwide. But these days, they take slim comfort in the idea that...
...news. Prices for Enron's main market - natural gas - will skyrocket as demand climbs. Which is bad for Californians. Skilling predicts the shortfall in California this summer will be 5,000 megawatts - five times greater than the problem that sparked the power crisis in January. In fact, Skilling predicts Silicon Valley and homeowners alike will be paying for the state's misguided deregulation attempt for "another three to four or five years" until new infrastructure can take the edge off prices. "The state of California has given deregulation a terrible name," he says...
...statistic is missing from the slew of data published about the state of the U.S. economy. It is the length of the commute between San Francisco and Silicon Valley. Since last fall, when the layoffs began in the valley, this journey, which I have been making twice a day for the past 15 years, has started to shorten...
...this is good news for those of us whose business is to help start and organize young companies. Today Silicon Valley is akin to Fort Lauderdale, Fla., after spring break. The tourists have abandoned us. Most of the people who came here in search of a quick buck during the past few years have gone. The foreign billionaires have scuttled back to Europe and Asia, the corporate parvenus have retreated, and Hollywood celebrities no longer swish through our office seeking a smattering of pixie dust...