Word: techs
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...down by fellow Republicans, structural change like this is inevitable and recurring. It's just that the transition can be ugly. New England was a textile center until that business went south, to the Carolinas, then east, to China. Software supplanted steel in Pittsburgh, Pa. In both places, high-tech companies later occupied some of the old mill buildings. Now some of those companies' programmers have gone the way of loom operators and steel rollers...
...flood of new businesses and employees. Major players like IBM, Oracle and Intel are here, as are promising start-ups. At Sony World and Bose, techies are landing lucrative service gigs. It may sound like yesterday's Silicon Valley, but it's very much the present--in the high-tech mecca of Bangalore...
...pictures, Hollywood has reigned supreme. That global domination of the $52 billion cinema industry now relies on a vicious economic cycle: as the cost of filmmaking rises, studios balance the checkbook by casting their nets wider, showing their films in more countries to more paying customers; movies become high-tech spectacles and stars demand higher salaries; and so the cost of filmmaking rises, and the cycle begins anew. Europe's industry - with its dependence on dubbing or subtitling for foreign audiences, its vastly differing cultural tones (what makes the French laugh is often lost on the Germans), and its relatively...
Dialing for Dollars It's not quite déjà vu all over again, but European tech and telecom stocks are suddenly hot. After three years of gut-wrenching decline, survivors of the late 1990s bubble have reined in debt and are looking to grow again. A flurry of merger activity last week - both real and rumored - demonstrates the new mood. Shares in Britain's mobile-phone service mmO2 soared almost 20% after it rebuffed a merger offer of about €13 billion from Dutch phone operator KPN, while France Télécom boosted the valuations...
...tech baron also sported Microsoft’s new multi-function “smart watch” on his left wrist, although Gates, who scratched his wrist repeatedly last night, was clearly not a regular wearer of the device...