Word: teche
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...instead of being a high-tech hardware store, IBM is now selling help. Gerstner is betting that for the next 10 years, the technology market will be stuffed with firms aching to get rewired but without a clue about where to begin. IBM plans to sell these folks "solutions," the institutional equivalent of your nephew Phil, the relative you call when you're debating which PC to buy or wondering how to rescue the last half of that tax return you were preparing. Gerstner's Big Blue will offer solutions to help point you safely to the future...
...battle over Proposition 211 is already the most expensive ballot initiative in history. Nearly $46 million has been spent so far, the bulk coming from opponents, including the Big Six accounting firms and high-tech firms from Apple to Xilinx. The Yes on 211 side is being funded by Lerach's firm and dozens of other law firms, from New York to California. The out-of-state interest resides in the fact that under the measure companies with even one California shareholder could be sued and tried in California...
...worried as executives of the high-tech corridor in Silicon Valley. The computer whizzes have never been very active in politics, but now, in addition to sounding their alarm about 211, they are forming a lobbying group to head off future threats. Says Intel's senior vice president, Leslie Vadasz: "We need to be more proactive and make sure our story is heard early in the debate." Someone must be listening. Earlier this year, voters indicated a preference for Prop 211; more recent polls show that the lawyers are losing...
Gejdenson faces a rematch with Edward Munster, who almost won in 1994. He represents a district that has grown from quaint Yankee workshops to high-tech industry: the Electric Boat Co., maker of the Sea Wolf nuclear submarine, provides many of its jobs. Gejdenson is against the recently proposed Medicare reform, saying it cuts spending to pay for G.O.P. tax cuts for the wealthy. He also supports mandatory life sentences for third-time violent felons...
...marijuana, the latest rush of O.J. Simpson revelations and the retooling of the CBS sitcom Ink. Booth, who did standout reporting from Haiti and Cuba while heading TIME's Miami bureau, says of her new turf, "We have every story of the 21st century here, from Hollywood to high tech, from crime and the environment to immigration...