Word: teche
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...entrepreneurial as some of these tech pioneers are, and as brilliant as their breakthroughs are, the R.-and-D.-reliant business of biotech is still very difficult. While the companies are developing processes and drugs, they survive on venture financing and funding from larger partners, often provided when they hit milestones. Payments from AstraZeneca and other partners have boosted Astex's revenues 170% annually since 2000, and Astex has raised $100 million in venture financing. Raven has raised $66 million and hopes to land another $35 million soon. It also receives milestone payments from Abbott Laboratories and others...
...sure, research and development is still just a sliver of India's tech boom. The bulk of the more than $16 billion earned by India's tech outsourcers in 2004 came from call-center work and low-end programming. Worldwide, only 0.3% of the $180 billion spent each year on developing software products goes to India. But, as with the earlier wave of tech outsourcing, R&D in India may prove to be too good a bargain to ignore: the cost of developing a basic software product in India is about $2 million, or just 40% of the cost...
Yangda Ou ’08 takes a low tech, less desk-oriented version of a study break from reviewing his Ec 1011 and Physics 16a problem sets...
...iPodder.org and launched his first podcast in August 2004, the idea has snowballed and there are now more than a thousand podcasters. The content could use an upgrade, but at least there's variety. Podcasts range over such topics as religion (see godcast.org), filmmaking (skinnybones.net), cover songs (coverville.com) and tech talk (engadget.com). Traditional radio outlets like NPR, the BBC and Air America are increasingly posting podcasts as well. If you want to get a handle on it all, PodcastAlley.com is emerging as an easy-to-use portal to the podcast world. The site features ratings, discussion groups and lists...
...March 2003, a few days before the U.S.-led invasion of Iraq, and the inhabitants of a refugee camp in Iraqi Kurdistan are anxious to know when the Americans are coming. They pool all of their radios together to trade for a satellite dish and ask a teenage tech whiz called Satellite to hook it up to a TV so the elders can watch the news. When the boy flips to Fox News, President Bush is on the screen, announcing the start of the war. But there are some things even the most modern technology can't surmount. "What...