Word: warner
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...alien, especially when it comes to technology. Consider the group of Aristotelian professors who made the following pronouncement to Galileo after he claimed to have discovered Jupiter's moons using a telescope: "[They] are invisible to the naked eye and therefore do not exist." Or the snappish response of Warner Brothers' founder H. M. Warner, who retorted in a 1927 interview, "Who the hell wants to hear actors talk?" when asked about the feasibility of films with sound...
Welsh runs the nonprofit Harlem Educational Activities Fund, which bankrolls the chess programs at Mott Hall and the Harlem Chess Center (with donations from, among others, a charitable arm of Time Warner, parent company of this magazine). Much of the credit for Harlem's love affair with chess goes to Maurice Ashley, 33, a grand master and the highest-ranked black player in history. Ashley, who established Mott's chess program a decade ago, saw the game as a way to foster academic achievement and self-esteem. "I call chess intellectual karate," he says. "It's about setting a concrete...
Consider consumer-products kingpin Procter & Gamble, which a couple of weeks ago stuck its nose into a three-way pharmaceutical fray involving Pfizer, Warner Lambert and American Home Products--hoping to come away with Warner Lambert and its cholesterol-reducing wonder drug Lipitor. P&G, maker of Cascade and Crest, knows about cleaning. But getting rid of plaque on your teeth and doing the same for your arteries are two very different businesses. Maybe that's why the P&G gambit fell apart last week. Still, this isn't the first time P&G has tried to branch...
Bankers are quick to defend the trend, noting that new- and old-economy industries are colliding as the world goes online. Disney buying Infoseek isn't cross industry, they argue. It's all media. Ditto AOL and Time Warner. O.K., but broadening the definition hasn't helped Disney execs better understand the Internet company it bought for $1.6 billion. The Mouse refocused its prize acquisition yet again last week. And while AT&T and its recent quarry, cable operator MediaOne, are both in the data-transmission business, it is a leap to believe the phone guys can manage cable assets...
...going to infiltrate their hard drive in some vaguely suspicious way. "This behavior hits people at one of their most sensitive spots," says Elmer-DeWitt. "Setting up an ISP connection is something people want to do only once." And while AOL (which has announced a planned merger with Time Warner, the parent company of TIME Daily) can take comfort in the fact that users can opt out of AOL domination by answering "no" to the set-up query, if this case has teeth, such a small concession won't be enough to quell lawyers' lust for dollars - or the public...