Word: memos
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...radio music box" at a time when radio was mainly used in shipping and by amateur wireless enthusiasts. He believed his device would make radio a "household utility" like the piano or phonograph. "The idea is to bring music into the house by wireless," he wrote in a memo. It was regarded as commercial folly. But he would soon have another opportunity to find backing for his idea. After the Great War, in 1919, RCA was formed by General Electric to absorb Marconi's U.S. assets (including...
Wall Street's favorite boss today is the power tool who can shred humanity like an old memo to "create value." GE's Jack Welch, soon after becoming CEO, earned the label "Neutron Jack" for closing plants and laying off workers. He's a prince compared to "Chainsaw" Al Dunlap. A West Point graduate and former paratrooper, Dunlap struck like Sherman and crowed about it. At Lily Tulip he fired 50% of the corporate office; at Crown-Zellerbach, 20% of the work force; at Scott Paper, 11,000 employees. After firing 6,000 at Sunbeam, Chainsaw himself got axed...
...reach it. Republicans grew fed up with Clinton's halfhearted, clandestine efforts, and key Democrats demanded direct talk about encouraging democratic change, while the White House and the CIA, spooked by past failures, stalled over new ideas. Around June, the White House finally delivered a top-secret covert-action memo to Congress, but it smelled like a rehash of tired, old schemes, and the Senate Intelligence Committee bounced it. Instead, it backed the $97 million Iraq Liberation Act, an ambitious bill designed to bring support for anti-Saddam dissidents out of the closet and funnel money and guns to them...
...week in the New York Times, Pennsylvania Senator Arlen Specter suggested that Congress simply set the case aside and leave it for Starr to pursue after Clinton leaves office two years from now. Sources tell TIME that Ralph Reed, the former head of the Christian Coalition, even sent a memo to House Speaker-in-waiting Bob Livingston and other Republican leaders that urged them, as part of a program for G.O.P. renewal, to drop impeachment in favor of a bipartisan resolution of censure...
...3Com's PalmPilot. While this year's upgrade, the Palm III, is still going strong, buyers can now find comparable units from Casio, Everex and Philips that run Windows CE. The competition has brought great new features like wireless data transfer on the Palm III and a voice-memo feature on Casio's Cassiopeia. The research firm IDC predicts that by 2002, U.S. handheld sales will triple to 6.9 million units--about the same number of notebooks sold in the U.S. this year. Why are consumers so keen on handhelds? While failed products like the Apple Newton tried to handle...