Word: teche
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...other benefit of going high tech: just as filing your taxes electroni-cally dramatically reduces the error rate, so does paying bills electronically. But just because it's a compelling option doesn't make it right for everyone. The American Bankers Association surveyed 1,000 account holders regarding their atm usage. It turns out that 37% say they never--ever--use the machines. It's a good bet that they prefer to pay their bills by hand as well. --With reporting by Cybele Weisser...
...combat online piracy, Epic Records has started shipping music critics personal cd players that are glued shut. Sealed inside the Walkmans, to prevent any unauthorized copying, are upcoming releases by Tori Amos, Pearl Jam AND audioslave (The remnants of Rage Against The Machine and Soundgarden). "It's a low-tech response to a high-tech problem," says Epic spokeswoman Lisa Markowitz. "A walkman costs $50, and we could be saving hundreds of thousands of dollars by preventing this music from getting out." Critics are asked to return the cd player, and the first critics who were sent the PEARL...
...Crane Company, made by Benchmark Games of Hypoluxo, Fla. It's one of those old-fashioned grab-a-prize machines, updated with a hydraulic system that raises the platform holding the prizes. Improbably, it's one of the hot games at a show that is a mix of high-tech gimmickry and homey touches like corn dogs and inflatable scarecrows to attract spectators...
...cash-strapped rivals such as Exodus and Digex. Without the help of any venture-capital financing--which Briggs has compared to making a "deal with the devil"--AIT claims to be profitable and says about half its new customers came over from its competitors. One of the fastest growing tech companies over the past five years, AIT should pull in about $30 million in revenue this year, up 50% from...
...about the way Yang secured land for the project. In July, the Guangzhou-based newspaper Southern Weekend published a story suggesting that Yang got the go-ahead to break ground at Holland Village under false pretenses. The article said the business plan submitted to Shenyang authorities called for high-tech farming and tourism, and Yang paid a much lower price for the land than if he'd declared he intended to use it for home construction. Says a manager at one of Yang's Shenyang companies: "As far as I know, building apartments was never part of the original plan...