Word: silicones
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...Larry didn't get it," explains Farzad Dibachi. Larry is Larry Ellison, CEO of Silicon Valley powerhouse Oracle Corp., which has been struggling to sell the world on its vision of a $500 computer. "It" is the idea underlying Diba, the Valley start-up Dibachi launched last winter after quitting his job at Oracle. And the idea is IDEA, the Interactive Digital Electronic Appliance, a line of cheap devices that do just one thing instead of the limitless tasks expected of a PC. For example, the Diba Kitchen Idea, above, holds thousands of recipes on a CD-ROM. Diba wants...
SWEET SMELL OF...SILICON...
...next step is interactivity. Wireless Access, a Silicon Valley start-up, has invented an innovative product called SkyWriter that includes an onscreen keyboard and a thumb-guided cursor for pecking out and transmitting messages. It works: five minutes after a Time reporter first picked one up, he managed to create and send E-mail--while navigating rush-hour traffic. How good is the technology? Three weeks ago, Microsoft shelled out an estimated $25 million to increase its small stake in Skytel, a pager company that will sell the SkyWriter this fall. Bill Gates, it seems, believes in ghosts...
That's the kind of return on an investment that would make Silicon Valley instantaires envious--and now Hootie is back for an encore. This week the band will release its eagerly awaited second album, titled Fairweather Johnson. Although Atlantic Records head Val Azzoli is cannily trying to lower expectations--"I don't want to overhype the record," he says, "because I know we're not going to do what Cracked Rear View did"--at the same time he's vigorously cranking up the hype machine. MTV will air a Hootie Unplugged special on April 22; just after midnight, Hard...
System Info Atlas may be gigantic (it's a quarter of the size of Windows 95), but it has been engineered to run faster. Test drives last week were speedy but also very crash prone--par for most alpha tests. HYPEMETER Silicon Valley's "search engine" companies are about to become the latest winners in the giddy Wall Street sweepstakes known as the high-tech I.P.O. Granted, companies like Yahoo and Excite, which use typed-in key words to guide users through the Web's sprawl, perform an important editorial service. But with minuscule profits and an uncertain future, market...