Word: teche
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...Europe, as well as the new E.U. members, to get permanent residence in Germany. It will also grant work permits to thousands of foreign students who graduate from German universities each year, and allow self-employed people to set up businesses in Germany. The agreement will primarily benefit high-tech industries. They have been disappointed by Germany's "green card" program of five-year residency permits, which expires at the end of this year. Since it was implemented four years ago, only 16,500 green cards have been issued. "We're heavily dependent on foreign workers coming to Germany," says...
Just down the hall from Donald Rumsfeld's third-floor office at the Pentagon is a high-tech conference room where U.S. generals arrayed around the globe can talk to the Pentagon boss--and with his boss, if he happens to stop by. That is exactly what happened last week when Central Command chief General John Abizaid, appearing via videophone from Qatar, admitted that he was worried about the political fallout back home from the Abu Ghraib prison-abuse scandal. Hearing this, George W. Bush peered back at Abizaid, who oversees two continuing wars in Asia, and told...
...their plans to hire programmers in Bangalore rather than Boston, but their executives have learned that competitors have offshore strategies in the works and decided they will have to follow suit to remain competitive. Companies are still under pressure to cut costs in areas like information technology. So the tech sector will be hit hardest--181,000 jobs lost by 2005, or 66% more than earlier projected. Other professions are not immune. About 20,000 legal jobs are expected to move abroad by 2005, a 41% jump over the previous estimate. McCarthy says he does not believe that state...
...athletes don't have much money to spend," says Leigh, who has also invested in sports-technology companies. "And the pros expect everything to be given to them. It's a tough row to hoe." Bergonzoli says the pros get no freebies from Dartfish and that downward pressure on tech costs will increase volume. The company, which grew 40% last year, broke even for the first time this past quarter. For a young tech firm like Dartfish, that's cause for a series of backflips. In StroMotion. With reporting by Helena Bachmann/Fribourg
...brands, says marketing professor Chekitan Dev of Cornell University's School of Hotel Administration. "It's a subtle form of brand extension, with separate decor, separate signage and sometimes separate uniforms," he says. Le Meridien, a hotel chain based in London, adapted this thinking with the launch of Art + Tech, a design concept geared to sophisticated travelers who demand a stylish ambience as well as the latest in technology. The Lingotto property in Turin, Italy, built within a former Fiat factory, features an entirely separate Art + Tech building...