Word: teche
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...Wall Street, upon hearing the pro-business news, promptly figured out that even a liberated Microsoft has to make its money doing business in today?s tech sector, and business in today?s tech sector is still lousy. Within moments, investors were looking at Microsoft like any other tech stock - with deep skepticism - and selling the whole lot accordingly...
...Justice Department simply felt that its work was done. Like IBM in the '80s, Microsoft didn?t have to lose its antitrust case to be tamed by the protracted scrutiny - the company has had to be on its best behavior for the past five years while a thousand other tech flowers bloomed. By this summer, Bill Gates was introducing the company?s new operating system, Windows XP, with just the sort of concessions on bundling that the feds have been after...
...Silver Lining to the Tech Meltdown...
...firms outsourcing manufacturing). But globalization, it turns out, has a reverse gear. Once it was plain--by last winter--that technology firms had vastly overestimated demand, the consequent retrenchment spread far beyond the Bay Area. Last week, for example, Baltimore Technologies, the jewel in Ireland's high-tech sector, slashed jobs in an effort to achieve profitability...
...heart. In its place was a buzzing 4-lb., grapefruit-size plastic-and-titanium lump. Nevertheless, Tools was happy to be able to wake up at all. His real heart had failed him, and he had become the first person to receive a fully contained mechanical heart. The retired tech librarian, 59, from Franklin, Ky., revealed his identity and addressed the media last week--two months after doctors had given him only 30 days to live. Tools opted to have the device, the AbioCor, implanted as part of a federal clinical trial at Jewish Hospital in Louisville. Surgeons Robert Dowling...