Word: siliconized
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...Like Silicon Valley, Marseilles is proving high quality of life is conducive to industrial innovation and wealth creation," says Guy Guistini, managing director of the Provence Promotion agency, which leads Marseilles' drive to bring high-tech and other fast-growing businesses to the area. The effort is paying off. Last year Marseilles and its region led the nation in foreign investment for the first time - even outdistancing its traditional rival, the capital. "The habit of Paris luring the best companies and skilled workers out of the provinces is reversing," Guistini says...
...works is pretty simple: you sign up anonymously with your surplus silicon, set a minimum bid and wait for anonymous buyers anywhere in the world. Deals are done in a matter of minutes. The sold items go for quality control to VCE, which takes an average 9% commission. The sales price and parties' names are kept private (sparing further embarrassment to ceos like Chambers...
Another firm raking in cash from the tech downturn is Overstock.com based in Salt Lake City, Utah. Overstock is the world's first purely e-tail site to break even, a feat achieved after burning through just $27 million in venture capital--pocket change in Silicon Valley. Overstock, which buys surplus tech products at liquidation prices and sells them to consumers at an average 60% off the retail price, is best known as a "vulture" site, raking over the bones of deceased dotcoms and snapping up $44 million of their equipment...
...from Torreon, heads an all-Mexican team of 16 young designers at Delphi Automotive Systems' Technical Center, working on steering-column prototypes for U.S. cars due out in 2004. From his wide-windowed floor, Garcia has a panoramic view of both cities. He admits that the border isn't Silicon Valley. "But we can see that kind of future from here," he insists. "We're not just assembling things anymore. We're creating things...
Researchers from India to Massachusetts are exploring digital smell technology, add-ons that make your computer into a perfume factory. But the current atmosphere for virtual scents pretty much, well, smells. Greg Gretsch, a Silicon Valley veteran at blue-chip venture capital firm Sigma Partners, says, "Someone talks about digital scent technology and my bulls___ meter goes...