Word: siliconing
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Dates: during 2000-2009
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...That transformation is just one example of a realignment by U.S. and European companies that is turning India from a distant satellite of Silicon Valley into one of the inner hubs of global technology. Since 2003, Yahoo's software-development center has been nestling up to the pizza joints and blue-jean shops on Bangalore's swank Mahatma Gandhi Road. Google co-founders Larry Page and Sergey Brin visited their company's R&D center in Bangalore last October and said they plan to create a mirror image of Google's U.S. research team in India. Microsoft CEO Steve Ballmer...
...economy. With companies able to tap into the best talent all over the world, "that's a plus because it adds to innovation," Hira says. But when growth abroad is substituted for growth here, the U.S. loses the happy spillover of investing in research?all those new firms in Silicon Valley, around Austin, Texas, and along Boston's Route 128. If Bangalore and Beijing become the new cradles of innovation, is that where the next Google will be born? "If it turns out you're pushing some of the R&D away, it builds up the world's economy...
...While Silicon Valley has yet to recover from the dotcom bust, other parts of the state's economy are booming, including tourism, hotels and construction. The number of housing permits issued rose 4.4% from January to October. The defense industry, which lost 150,000 jobs with the end of the cold war in the early 1990s, has begun to grow again as a result of the wars in Afghanistan and Iraq. In the past four years, defense investment in California has increased 44%, and last year the state got $30 billion in military contracts, much of it in high-tech...
...guns, and came out for a ban, to take effect in 2012, on force-feeding ducks, which is how foie gras is produced. "Arnold is the leading indicator of the revenge of the political moderates," says Paul Saffo, a director of the Institute for the Future, a Silicon Valley think tank. The Governor has deliberately created a distance between himself and the more conservative wing of the Republican Party. During the presidential campaigns, he appeared only once, in Ohio, for George W. Bush...
...Frontier Silicon, based in Watford, England, is also trying to expand what phones can do. Frontier is building a chip that allows a cell phone to double as a TV, so that a user could watch, say, sports highlights while waiting for a train. The chip, called Chorus, receives broadcast signals from television operators, digitally encoded so they can't be intercepted. That system is a threat to mobile operators, because broadcast signals bypass cellular networks. A phone owner could receive video programming without having to buy it from a mobile network provider...