Word: tech
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Dates: during 1990-1999
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...Juarez cartel has risen faster than most tech stocks, thanks to the vision of its late founder, Amado Carrillo Fuentes, and the ruthlessness of his dumber but meaner younger brother Vicente. For a long time, Mexican criminals were simply subcontractors whom the Colombians paid a set fee, usually $1,500 to $2,000 per kilogram, to truck cocaine over the U.S. border and to warehouses in California or Texas. There, Cali cartel employees would reclaim the goods, move them to major retailing hubs like Manhattan and Los Angeles and wholesale them to distributors. The Colombians pocketed a chunk...
...could unravel if Y2Khaos really occurs, or if anything else for that matter ignites a panic. Can you say higher interest rates? But serious jitters seem a long shot. The market has already stood firm against three interest-rate hikes. As for Y2K, I believe the panic came when tech stocks hit the skids last summer. Done. Finito. The market is now looking well past the millennium, having got comfortable with the notion that it will pass with barely a sputter. For that and other reasons, this year's seasonal lift could be something special...
...beginning of the semester, the folks in the admissions office caught their high-tech computer system playing tricks with them by scrambling the names of alumni in the database with the names of applicants. And that was not the first problem they have had. "We have a computer that has confused twins, but to my knowledge we have never done the wrong decision. But if we have some terrible mistake, it will come from the computer," Lewis warns. The office takes a variety of precautions against computer errors. Each applicant has a personal folder with interview reports and other more...
Then there's the Avid Room, where producers use high-tech digitized footage...
...expert from using apocalyptic terms, predicting a continued rash of crime from an "electronic bestiary" of "locusts" (what the rest of us call criminals). So we're looking at a future of electronic fire and brimstone? Not likely, says TIME technology writer Joshua Quittner. "Whenever there's a high-tech law-enforcement convention somewhere, we hear cybercops sounding the alarm: Cybercrime is reaching a critical state and doomsday is upon us." It's tough to get worked into a frenzy, adds Quittner, when there's no evidence that any of these claims is true. "I haven't heard...