Word: uniting
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After selling 500 million PCs over the past 20 years, the computer industry is seeing sales decline for the first time ever. Before Sept. 11, research firm IDC was predicting unit shipments in 2001 would slide 6.3% from last year, to 45.3 million, and the terrorist attacks could push fall sales down further. Dell, Compaq and the rest of the PC companies have so far cut--or announced plans to cut--46,000 jobs this year, or about 12% of the industry's payroll. Chipmakers have it worse. Their worldwide revenue is expected to plunge 20% to 30% this year...
...checked shawl and round woolen cap he bears a passing resemblance to Ahmad Shah Massoud, the assassinated commander who assembled these forces. In a conventional army Allah Mahmad would be a captain. Here he's called commander, a hard-earned rank denoting his seniority not over some alphabet-soup unit in a regimental chain of command but instead over a specific band of 20 men and boys who know each other and fight as much for the guy next to them as for any grand cause...
...health care division and concentrate on the company?s three other businesses, chemicals, polymers and agricultural products. When the issue was put to a vote last month, the supervisory board decided to keep the drug business. But the group also voted to transfer it to an independent corporate unit. That could ultimately make it easy for the company to merge the drug business with another firm or sell it off entirely...
...Paris-based venture-capital fund, Sofinnova Partners. Consider the career of Pierre Liautaud, another Tech Tour participant and the brother of Business Objects? CEO. This Liautaud started at IBM in 1982, first as an engineer for IBM France and later as vice president of marketing for its Internet unit in the U.S. He left Big Blue in 1999, returning to France to take the job of CEO of @Viso, an Internet incubator formed by Vivendi and Japan?s Softbank. Now he is CEO of ActiVia Networks, an Internet infrastructure start-up in Sophia Antipolis, the high-tech center near Nice...
...Mannesmann, a hat trick that netted him better global reach and, after the related sale of the mobile phone company Orange, a clean balance sheet. Earlier this month Gent gained control of Japan Telecom, that country's No. 3 provider. The deal also increased Vodafone's stake in mobile unit J-Phone and gives the company a major foothold in one of the world's fastest-growing and most profitable mobile markets...