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...local boosters call the new-economy belt around Washington--isn't just another one of those business incubators that seem to have taken root in nearly every large American city in the morning of the 21st century. If software center Seattle is the new economy's brain and chipmaking Silicon Valley is its heart, then Washington is its central nervous system. Spread along, around and mostly under Techtopia's main drag, the Dulles Toll Road, are the vital electronic pathways--wires, cables and fiber-optic lines--that carry more than half of all traffic on the Internet. The region...

Author: /time Magazine | Title: D.C. Dotcom | 8/14/2000 | See Source »

...that point the home team was at the bottom of the lobbying league. California's Silicon Valley remains home to the high-tech industry's loudest political megaphone, TechNet. Based in Palo Alto, it gives campaign donations in roughly equal proportions to Republicans and Democrats and serves as a clearinghouse for information and policy proscriptions about the new economy. But Chuck Manatt's pleading and Mark Bisnow's bus tour persuaded the upstart firms in Virginia and Maryland to band together to give TechNet a run for its PAC money. Led by AOL, Washington-area tech companies formed CapNet last...

Author: /time Magazine | Title: Getting To Know The Hill | 8/14/2000 | See Source »

Defenders of the beauty industry argue it is India that has just discovered its radiant masses. Urban women are spending more on looking good, signing up for aerobics, skin treatments, silicon implants and nose or jaw jobs, which occasionally end in disaster. Cable TV, especially the 24-hour fashion channel, has brought with it a dramatically different notion of dressing. Tight skirts, cocktail dresses and power suits are In, even for women used to being seen in a wispy sari. As the Indian economy prospers, there is much more income to spare on designer wear. "The quality [of contestants...

Author: /time Magazine | Title: Indian Stunners | 7/31/2000 | See Source »

...company, wearing their Sears suits and begging for an investment from clench-jawed venture capitalists wearing Brioni: there is a version of this scene in the founding myth of almost every tech firm from Sun Microsystems to eBay. Venture-capital financing is as embedded in the culture of Silicon Valley as integrated circuits and $750,000 tract houses. So perhaps it's not surprising that this form of financing--and its results-oriented assessment of potential investments--has made its way to the nonprofit sector...

Author: /time Magazine | Title: Venture Philanthropists: The New Schools Fund | 7/24/2000 | See Source »

WRITE AID Until now the worlds of paper and silicon have been irreconcilably separate. No longer, thanks to a clever doodad from Seiko called the SmartPad ($199). The SmartPad looks like a shmancy executive portfolio, with a seemingly ordinary pad of paper on one side and a port for your Palm PDA on the other. Whatever you write on the pad instantly appears on the screen of your Palm. You can even save your scribblings as an image and e-mail it. For bad handwriting, however, there's still no cure...

Author: /time Magazine | Title: In Brief: Jul. 24, 2000 | 7/24/2000 | See Source »

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