Word: teche
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...High-tech companies are pushing into previously unexplored--and unappealing--markets because most people who can easily afford computers and cell phones already own them; growth rates and profit margins in traditional markets are suffering as too many sellers chase too few buyers. The same situation exists in many businesses, says Prahalad. "The biggest problem facing global companies is the capacity for organic growth," he says. "At the same time, there are 4 billion people in the world saying, 'We would like to be part of globalization...
...sense Agnew's heir and creation. Not only does Wood not question the connection of her work with the military, she is pleased to have it. For one thing, that connection has provided jobs for those like herself, a former Ph.D. candidate in physics at Georgia Tech, who was specializing in particle transport and found a shop to apply her studies. (Particle transport is a general term for the motion of atomic particles through various materials.) Designing weapons is something Wood wanted to do since junior high school, when she read "everything I could lay my hands on" about...
Despite all the high-tech tools, the ocean proved very reluctant to give up the Atocha's treasure. For 101 days in 1968, Fisher's divers combed an area near the Upper and Lower Matecumbe Keys for the ship, using as their guides a number of Spanish archival documents that referred to the lost galleon. Fisher's crew found lesser wrecks that yielded up sizable bounties, but the big one remained undiscovered...
...Guides Association of Thailand and the World YWCA organized about 1,800 workshops and seminars with such titles as "Women in Rural Development" and "What If Women Ruled the World?" American women in tank tops, Africans in brightly colored kangas and Indians in diaphanous saris wandered through exhibits like "Tech and Tools," inspecting innovative fish smokers from Ghana and concrete stoves from Fiji. Although several of the forum participants, including 19 Chinese, were double delegates representing the policy of their governments at both meetings, many found themselves in exchanges far more freewheeling than they could have had at home...
Mexico, though, enjoyed at least one bit of good economic news last week. IBM announced that it would build a microcomputer plant near Guadalajara. The facility will be wholly owned by the American company, marking the first time Mexico has permitted a foreign high-tech firm to have 100% control of a local subsidiary. A 1973 law limits foreign ownership to 49%. In January, Mexico rejected IBM's proposal to build the plant, but the company made several concessions to get the deal. It agreed to invest $91 million over five years, instead of the $6.6 million initially planned...