Word: upstart
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Winfrey is still the Queen of Talk. Despite a strong performance by downscale upstart Jerry Springer, her show remained No. 1 overall last season among all syndicated talk shows. And she recently agreed to continue as the show's host through the 2001-02 season. Nonetheless, in recent years, Winfrey has increased her influence in areas beyond daytime chatter: in prime-time movies and specials, in books, in cinema. She is much more than just talk...
These fast, cheap networks are rewriting what used to be the first commandment of telecommunications: Thou shalt be huge. No phone company now has to invest billions in an expensive network. Instead it can just piggyback on other folks' networks, which have excess capacity to rent. Some upstarts are building networks of their own. Says Joseph Nacchio, CEO of Qwest, a telecom upstart based in Denver: "All the old reasons for scale are gone." Nacchio, who left the No. 3 slot at AT&T to run Qwest, compares the latest round of mergers to "an oligarchy buying a monopoly...
...online stock trading service E*Trade got a big boost Friday afternoon when the giant Japanese software distributor Softbank announced it was investing a fresh $400 million in the upstart brokerage. Forget Kleiner Perkins -- the Tokyo-based Softbank is the real kingmaker when it comes to anointing web frontrunners. The investment raises Softbank's stake to 27% of E*Trade, and matches the company's large ownership interest in other web winners like Yahoo (31%) and Geocities (35%). Softbank also owns more than 70% of electronics publishing giant Ziff-Davis...
Compaq wasted little time flexing its muscle. Shortly after announcing the Digital deal, Compaq elbowed IBM aside to become the exclusive PC supplier to Radio Shack's chain of 6,800 electronics stores. It surprised no one to watch an upstart that began by copying IBM triumph in a byte-to-byte contest with Big Blue...
...journal), didn't begin until the late 19th century. When Bernard Berenson wrote the monograph that defined Lotto's oeuvre in 1895, he caused a scandal by throwing out scores of pseudo-Lottos. Collectors, particularly ducal ones in Britain, were enraged by the high-handedness with which this young, upstart American Jew downgraded their swans to ducks, but the fact was that Berenson was 90% right in his Lotto reattributions. From this point the critical overhaul of Lotto slowly began...