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Could this be the face of 21st century capitalism? You'd better believe it. Two years ago, conventional wisdom still derided the World Wide Web as an amusing toy with little practical application. No more. With striking speed, the business that Yahoo (or, as the company formally calls itself, Yahoo!) has been pioneering has grown into nothing less than a new economic order, a Net Economy! whose exclamation point came last week, when shares of Yahoo surged to more than $200 (closing at $181 on Friday), making billionaires of two young men who just a generation ago would only...

Author: /time Magazine | Title: Click Till You Drop | 7/20/1998 | See Source »

...long-overdue piece of the $20 billion International Space Station. The builders, having received just $22 million of the $300 million pledged, have yet to finish the module that will serve as the astronauts' living quarters, causing consternation throughout the project. "We're not talking about assembling a Lego toy," gripes a NASA official, pointing out that the work the U.S. is undertaking must necessarily follow that done by Russia...

Author: /time Magazine | Title: Lost In Space | 7/20/1998 | See Source »

...This is not a job. This is an obsession," he says. "When we were kids, all we had was toy soldiers and our imaginations. Now we can make them walk and talk and fight...

Author: /time Magazine | Title: Greetings From America's Secret Capitals | 7/13/1998 | See Source »

...long-overdue piece of the $20 billion International Space Station. The builders, having received just $22 million of the $300 million pledged, have yet to finish the module that will serve as the astronauts' living quarters, causing consternation throughout the project. "We're not talking about assembling a Lego toy," gripes a NASA official, pointing out that the work the U.S. is undertaking must necessarily follow that done by Russia...

Author: /time Magazine | Title: Meanwhile, in Space | 7/12/1998 | See Source »

...accident that Pixar, the computer-animation company, sold its first shares to the public in 1995 while its movie Toy Story was a runaway box-office hit. Or that hockey's Florida Panthers made the move a year later, fresh from their first appearance in the Stanley Cup finals. Nor is it a fluke that Wall Street powerhouse Goldman Sachs, with the market at a historic high, is now mulling an initial public offering of its own. In the business of making your money mine, which is what any IPO is about, timing is everything...

Author: /time Magazine | Title: An Unhittable Pitch | 6/15/1998 | See Source »

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