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...ancient philosophers, who viewed politics as applied ethics, had in mind. To the extent that we consider ourselves citizens, we must become politicians in the oldest and widest sense of the word--not only by voting and running for office but also by participating in the fast-growing social sector that Beinart ably described. SETH DUNN Washington...

Author: /time Magazine | Title: Letters: Mar. 13, 2000 | 3/13/2000 | See Source »

Kenny says Incubasia is planning to nurture 15 or so new firms over the next year and a half. "We are looking for start-ups that take a global view of the markets," he says, "whatever sector it is." That may seem like an ambitious agenda, but in a typical week Cheng and Kenny vet roughly half a dozen business ideas. Clients are welcome to move into Incubasia's office and help themselves to logistical support (including Frisbees). The founders also provide expertise and up to $500,000 in financial assistance, plus one of the Internet's most treasured commodities...

Author: /time Magazine | Title: Asia Catches .Com Fever | 3/13/2000 | See Source »

Satyam Infoway now claims 30 million page views a month, and its share price has doubled since the IndiaWorld purchase. The deal helped kick off an Internet frenzy among Indian entrepreneurs and financiers, which has been fanned by New Delhi's public commitment to develop India's information-technology sector. Dotcoms are sprouting across the country, spurred additionally by the entry of big international investment funds. Some Indian-born Silicon Valley programmers and engineers are finally coming home to put their skills to use. But Jain has been happy just to put his money in the bank...

Author: /time Magazine | Title: Asia Catches .Com Fever | 3/13/2000 | See Source »

...based research firm, tracks the growing number of European companies that are winning shares in the global-technology markets, creating jobs and wealth with innovative products, aggressive acquisitions and smart niche strategies. Its latest list shows that 127 of Europe's 500 fastest-growing companies are from the tech sector. These companies boast an average annual growth in revenues of 42% and in employment of about 36%. Among the strongest sectors are smart cards, encryption software, e-commerce software, electronic games and digital television...

Author: /time Magazine | Title: Europe Closes the Gap | 3/13/2000 | See Source »

...companies on the list from the smart-card sector are Gemplus and a smaller German firm, ASG. They are both well positioned to cash in on the mobile-commerce craze, says Caroline Martin, an e-commerce analyst in the London office of Datamonitor. So-called SIM cards are already present in all European mobile phones to identify users for billing purposes. Once new phones with wireless Internet access come on the market, these smart cards will be used to encrypt a consumer's credit details and send them securely to merchants over the Internet...

Author: /time Magazine | Title: Europe Closes the Gap | 3/13/2000 | See Source »

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