Word: siliconized
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...three top contributors to Schiff's campaign are Moveon.org, a Silicon Valley-based political action committee (PAC), Dreamworks SKG and Time Warner. Rogan's top contributors are Verizon Communications, Outback Steakhouse and Philip Morris. Although federal regulations limit contributions from corporate PACs to $5,000, the top-donor organizations have easily found loopholes. Philip Morris, for example, has contributed over $11,000 to Rogan. Whichever candidate wins, these corporations will expect a return on their investment in the form of votes in Congress. The voters of the 27th district will still choose which man to send to Washington. Whomever they...
...crushed--along with thousands of jobs--as Xerox is expected to announce its latest massive restructuring. Last week the company was reportedly considering selling its debt-ridden financing operation, which lends money to prospective customers, to GE Capital. It has also discussed selling Xerox PARC, its research center in Silicon Valley, a source of great innovation--from the computer mouse to the graphical user interface and laser printer--but, thanks to the missteps of top brass, not a source of much income...
...company, formally disclose the damage, they'll do their best to put that speculation to rest and chart a turnaround strategy. Saddled with $17 billion in debt, Xerox is a bloated company that needs to trim the fat--and fast--to compete with the Japanese and rivals in Silicon Valley. Besides getting rid of the credit division and Xerox PARC, options include bailing on its Japanese joint venture with Fuji...
...rest of the country's not watching," says Kahn. Too bad, he figures. If they tuned in, they'd see that "New York is back on top. Like it or not, folks, we're back. It's not true that everybody with a brain moved to Houston or Silicon Valley...
...another inventive young Midwesterner, began toying with similar ideas at an upstart outfit called Fairchild Semiconductor. But there was a key difference. Noyce, who had a Ph.D. in physics from M.I.T.--Kilby flunked the admissions test--used a new chemical etching technique. It could not only print transistors on silicon wafers directly, like patterns in a rug, but also lay down the critical connecting tracks between them, simplifying the chips' manufacture and increasing their speed. Fairchild and TI fought a bitter patent battle that Fairchild ultimately won. But the gentlemanly Kilby and equally gentlemanly Noyce, who died...