Word: smarts
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Dates: during 2000-2009
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...this sounds like Marley and Me-style pleasantly heartwarming pabulum to you, think twice. There's real sentiment here, but the sentimental is blessedly missing. The script by Susannah Grant (Erin Brockovich) is smart, witty and lean. Wright's principal indulgences are visual, as in his 2007 film Atonement. He turns a neighborhood bar where a depressed Lopez pounds shots into something that glows like the inside of a vein, and makes Skid Row into a Hieronymus Bosch painting with grocery carts (using some of LA's estimated 60,000 homeless as extras...
...executives at Apple (AAPL) were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. In a recession, there is only so much air in any room. Smart phone sales are suffering like all consumer electronics. If the iPhone is doing extraordinarily well, others are doing badly...
...Nokia (NOK) to Motorola (MOT) were down. These firms can hardly give handsets away, much less sell them. Each of these operations said that global cell phone unit sales will be down in 2009. What is even more puzzling is that large handset companies don't just make smart phones; they make a lot of cheap phones for people in emerging markets and consumers who don't want a handset that acts as a TV, PC, personal assistant, and objects d'art. Apple and RIMM are doing remarkably well selling products into the high end of the market...
About 1,000 homes will be enrolled in an advanced trial that will turn them into smart buildings, with smart control panels and thermostats that will help manage electrical loads and reduce energy use during peak periods. (One of the biggest potential benefits of the smart grid is the ability to manage the electrical load; today utilities need to have enough capacity to meet rare days of peak demand, but if a smart grid could smooth out those peaks, it might reduce the need for new power plants.) "We invested a lot in this technology," says Lewis...
...ground without a lot of help from Washington. Half the $200 million price tag of the first phase of the project will come from federal stimulus spending, and there's more to come. Along with the $3.3 billion in grant money set aside by the Department of Energy for smart-grid tech, another $615 million is set to be spent on projects for energy storage and monitoring. To Washington, building the smart grid is about more than energy - it's about creating jobs, an investment that will stimulate the economy today and pay off later. "This [industry] is going...