Word: teche
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...American pilots far above the tangle of gritty city streets. On the ground, the Americans face enemies with the home-field advantage and lose their edge in state-of-the-art weaponry. In last month's exercises, for example, the Marines were unpleasantly surprised to learn that their high-tech, heat-seeking sights don't work through glass, meaning they can't peer through windows and into rooms where the enemy lurks. "There is no technological magic wand you can wave over these problems to make them go away," says Marine Major Dan Sullivan, who is leading the corps...
...Japan: Swimming in Debt Korea: Winning Over Workers Tech: A Fistful of Cell Phone...
Make that eight. Heise and two partners, all veterans of the tech industry, see a new opportunity in bailing out the European venture capital firms that found their investment portfolios floundering when the Internet bubble burst. Venture capitalism needs their help. As dotcom companies wrote down their assets, went bankrupt or held fire sales, their VC backers found themselves with little to return to their own investors. As many as 80% of Europe's incubators and independent early-stage venture firms are expected to disappear by next year. Jean-Bernard Schmidt, founder of Paris' Sofinnova venture capital firm and chairman...
...companies are having trouble getting funded," says Dick Rempt, who, with Heise co-founded SecondWind Venture Capital Recovery in Amsterdam. "Venture capital is really crucial to innovation, so it is in the interest not only of the venture capitalists and their investors but also of the tech sector as a whole that this be resolved...
...sort out their problems," says Düsseldorf-based Georg Kulenkampff, 51, a former board member of the large German utility firm Veba, now called E.on. At the request of investors, Kulenkampff has served over the last two years on the boards of seven European companies, including several high-tech firms...