Word: virtual
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Dates: during 2000-2009
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...shakeout coming and dumped even more of them on the market. At the same time, demand was dampened by the maturing of baby boomers, many of whom now aspire to move from condos to split-level suburban homes with lawns. Many new condo projects, particularly luxury developments, have become virtual ghost towns. In March, Crocker National Bank repossessed a $28 million, 88-unit condo project in Glendale., Calif, because the builder had been able to sell only three apartments in two years...
...might be expected, a specialized definition comes from the most highly specialized champion of American cooking, Paul Prudhomme, who adapts Cajun and Creole classics at K-Paul's. His dishes of spice-blackened redfish, jalapeņo cheese bread, flounder stuffed with seafood, and crawfish "popcorn" have inspired a virtual cult of imitators such as the Ritz Cafe in West Los Angeles, a branch of which will open on Park Avenue in New York this fall, the Atchafalaya River Cafe in Houston, Memphis in New York and Lafitte in Washington. "The food we call Creole and Cajun is the most American...
...Virtual Earth All the major portals have been busy beefing up their search features, but MSN's Virtual Earth looks like it might top them all. It's due to launch mid-summer, so we haven't been able to test it out first-hand. But if the features work as advertised, you'll get the same navigation and manipulation tools that you get with Yahoo and Google's maps, but with an interesting twist: you will also have the option of viewing an aerial photograph of the local area, or select Hybrid View to see the photo with streets...
Shanda first courted success with a concept that's bigger in Asia than in the U.S.: online games, a $370 million industry in China in which players interact with each other via the Internet in a virtual world of dragons, maidens and sword fights. Chen has bought majority stakes in Sina, the country's largest portal, and a host of other online gaming companies. Next up, Shanda, in collaboration with Intel, hopes to introduce a set-top box that will enable users to access everything from news, music and movies to games and online auction sites. Currently, only 20 million...
...million to open or expand R&D centers in California, Michigan and Germany; a $60 million proving ground in California's Mojave Desert opened in January. And in South Korea, he expanded R&D headquarters, adding a new design center complete with a 3-D cinema for viewing virtual models. Lee says Chung visited his office recently and asked, "Do you have enough money?" With a wry smile, Lee says he told his boss he didn't. Chung immediately offered several hundred million dollars...