Word: corp
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Dates: during 2000-2000
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...first task will probably be the hardest. In many ways, the pre-deal Time Warner was less an operating company than it was a stock price, the financial expression of a series of disconnected assets. Unlike other media megaliths like Disney or News Corp., where a nearly totemic central figure--Michael Eisner and Rupert Murdoch, respectively--conceives the strategy and orders it into place, Time Warner under Levin has been an extremely successful dysfunctional family. Six powerful executives, ranging from Roger Ames of the music group to Terry McGuirk of the Turner networks, run six huge businesses, and their rivalry...
...20th century. A tall, owlish Midwesterner, Lilienthal rose to become an adviser to Presidents from Roosevelt through Carter, chairman of the Tennessee Valley Authority and then head of the Atomic Energy Commission after World War II. In 1955 he started a small firm called Development and Resources Corp. to bring power, water and communications to the developing world. In 1967, bored after just four years as a lawyer, 28-year-old Levin joined DRC and became Lilienthal's protege. In 1971, Levin spent a year in Iran working for DRC, helping bring water to the Shah's deserts. (Distributing water...
...cannon fodder at Procter & Gamble, an assistant brand manager working on products such as Abound!, a failed, wipe-on hair cleanser. Case couldn't hack the glacial pace at P&G. So in 1983, after an introduction from brother Dan, he jumped to a start-up called Control Video Corp., which was perfecting the "can't lose" idea of shilling TV-top boxes that would download and play video games over telephone lines. The idea bombed. But a bit of financial legerdemain turned the firm into Quantum Computer Services, which ran an online network for Commodore 64 computer users...
That may be Microsoft's greatest challenge to date--and exactly what Justice wants to thwart. "For Microsoft to come in and impose proprietary source codes will be very difficult," says Dan Kusnetzky of International Data Corp...
...researchers at the Digene Corp. of Beltsville, Md., have developed a test that detects an active HPV infection by looking for its genetic by-products in the vagina. The HPV test was better than the standard Pap test at finding cervical cancer at any stage, according to two studies published in last week's Journal of the American Medical Association. So far, so good. Unfortunately, the test's false-positive rate--how often it indicated that there was a problem when none existed--was almost twice as high as that for the Pap smear. In these cases, a biopsy...