Word: high-tech
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...Administration concerns that the measure could create invincible media giants and hurt consumers, the Senate passed, 81 to 18, a sweeping measure that would deregulate the telephone, cable and broadcasting industries and allow companies to enter one another's fields of business. The bill also seeks to stamp out high-tech smut. One provision would impose tough penalties on people who transmit obscene or indecent materials over computer networks...
There is nothing new about such conceits, of course. "Snobbery and gardening have gone hand in hand for hundreds of years," argues Pollan. There have always been those who plant old roses with good bloodlines, he explains, and those who go for high-tech hybrid teas with names like Chrysler Imperial-"a rose named after a car, for God's sake." What's different today, he observes, is that gardening has become such a fad. "You can pour vast sums of money into an acre of land and acquire the patina of sophisticated gardening very quickly." Horticultural social climbers speedily...
...togain back lost ground in the high-tech world, IBM announced a $3.3 billion hostile takeover bid for Lotus Development Corp., maker of the popular Lotus 1-2-3 spreadsheet and other software. "Together, our skills match in a way that is breathtaking," IBM's chairman and CEO Louis Gerstner told a news conference. (Lotus, the third-largest PC software company after Microsoft and Novell, rejected IBM's buyout suggestions during five months of private talks, but today said it would consider the $60 per share cash offer, which amounts to twice its market value.)TIME senior technology editor Philip...
Carillo and his colleagues may be partners with the Colombians, but when it comes to smuggling, the two groups operate in distinctly different styles. While the Colombians have used elaborate devices such as custom-made yachts, high-tech communication decoders and even submarines, the Mexicans prefer a cruder methodology: stuffing the drugs into the trunks of cars, then relying on a combination of speed, scattershot runs and sheer bravado. Sometimes they blitz the border posts, sending eight or 10 vehicles through at a time, betting that U.S. Customs will search at most one vehicle in the convoy. A group...
Dmitri Polyakov: The most important CIA source whom Ames betrayed was Polyakov, the legendary top hat. So valuable was Polyakov, a general in Soviet military intelligence, that the CIA provided him with special high-tech equipment that it reserved for its most important agents. He was, for example, given a high-speed "burst" transmitter and a clock for his Moscow apartment that lit up in response to a radio signal to inform him that a dead drop, or hiding place, had been cleared by the CIA. Over the years, Polyakov provided the CIA with data on Soviet strategic missiles, antitank...