Word: streamings
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...That's not even half the revenue stream of giant Sony, but Samsung Electronics is growing fast. It is the best performer in the family-controlled conglomerate that spawned it, the Samsung Group. Some analysts complain that the family of founder Lee Byung Chul, who died in 1987, still treats Samsung Electronics as a personal fief and that murky financial reporting makes it hard to discern the company's true profits. But neither worry has stopped investors from pouring money into the stock, which is up 65% over the past 12 months. Korea's consumers are spending more than ever...
...technical prowess, Samsung faces big-league competition in its quest to dominate the digital home. Microsoft, AOL Time Warner, Apple and Sony are among the heavy hitters that are also betting that someday everything from our alarm clocks to our refrigerators will be linked to a constant stream of information and entertainment from the Internet. (AOL Time Warner has formed partnerships to develop digital hardware with both Samsung and Sony.) Samsung is gambling that it can move faster than its bigger rivals...
...world's oldest person according to the Guinness Book of World Records; in Coldwater, Michigan. Luse reportedly credited an intake of boiled dandelion greens and fried fish as the reason for her long life. DIED. RUDOLF HELL, 100, inventor of the first machine that electronically dissolved text into a stream of dots to be reassembled at the receiving end, on which fax machines and scanners are based; in Berlin. Last year the city of Kiel commemorated his achievements by renaming the Siemenswall Rd., which leads to his former plant, the Dr.-Hell-Strasse. DIED. HERMAN TALMADGE, 88, former U.S. senator...
That's not even half the revenue stream of giant Sony, but Samsung Electronics is growing fast. It is the best performer in the family-controlled conglomerate that spawned it, the Samsung Group. Some analysts complain that the family of founder Lee Byung Chul, who died in 1987, still treats Samsung Electronics as a personal fief and that murky financial reporting makes it hard to discern the company's true profits. But neither worry has stopped investors from pouring money into the stock, which is up 65% over the past 12 months. Korea's consumers are spending more than ever...
...technical prowess, Samsung faces big-league competition in its quest to dominate the digital home. Microsoft, AOL Time Warner, Apple and Sony are among the heavy hitters that are also betting that someday everything from our alarm clocks to our refrigerators will be linked to a constant stream of information and entertainment from the Internet. (AOL Time Warner has formed partnerships to develop digital hardware with both Samsung and Sony.) Samsung is gambling that it can move faster than its bigger rivals...