Word: start-up
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After the Second World War, many industrial buildings remained standing, though they are no longer used for traditional industry. These days, many house technology start-up companies or biotechnology research firms, with names like AstraZenca and ImmunoGen...
...spawned cyber-only schools like Jones International University, whose Colorado-based operation offers online courses to 500 students in 30 countries. Traditional campuses are also getting wired. Stanford offers a virtual master's degree; the University of Chicago and Columbia, among others, have signed up with the Internet start-up UNext.com to create a for-profit online college. Saylor's announcement ups the ante considerably. He is banking on replacing the world's "10,000 average professors" with an all-star faculty (think Bill Clinton and Henry Kissinger), all of whom he expects to teach pro bono...
...called Atomic Pop, which has released albums by Chuck D and Ice-T; they can be purchased from Atomic Pop's website in the form of a CD or a downloaded file. The musicians keep half the revenue, compared with the 10% they get in traditional major-label deals. Start-up Web labels pose threats to the majors, but they also may siphon the audience that frequents all-comers sites like MP3.com by going after high-profile artists and acting as a filter for all the noise...
IPOs (Initial Public Offerings) are usually the domain of Cambridge's start-up Internet companies. But Cambridgeport Bank is now joining the fray, but not without facing public scrutiny...
Instead, Terry has opted to leave two days earlier by taking a shuttle to JFK International Airport and then transferring to a start-up airline, which will fly him to Tampa. The drive from Tampa to Terry's hometown is two and a half hours...