April 26, 1994 |
Haul out all the cliches about Silicon Valley's abundant success stories and they still won't do justice to Cisco Systems Inc. Less than 10 years old, the sibilant manufacturer of computer networking gear cries out for new superlatives to describe its achievements: a routine doubling of annual sales and profit, four stock splits in as many years, extraordinary productivity ($500,000 per employee), a rocket-like ascent among investors. Little wonder that Cisco perches near the top of three of The Times 100's key measures of corporate performance in 1993: fourth in two-year return on equity, sixth in sales growth and 12th in market value.
February 10, 1996 |
Over dinner recently in this quiet resort high in the snowy Swiss Alps, Nobel Prize-winning scientist James D. Watson discovered a new friend in Frank Gehry, the distinguished Los Angeles architect. "We learned we have a lot in common," said Watson, the 67-year-old DNA expert and president of the Cold Spring Harbor Laboratory in New York. "We both love physical exercise. Did you know he learned to play hockey at age 63?"
April 6, 1994 |
A short walk up Jianshe Road from the train station in this booming frontier factory town reveals the timeless face of capitalism, as embraced unabashedly in the Shenzhen Special Economic Zone. In a Dickensian scene, prostitutes and filthy-faced urchins line the sidewalk by the Shangri-La, a shiny, marble-crusted, five-star hotel. Outside, a small boy hoists a seemingly lifeless infant on his shoulder and begs. Inside, sleek men in tailored suits mill about importantly in the lobby.
November 28, 1997 |
From the moment he arrived in Los Angeles from Mexico, Pablo Cifuntas told everyone he met in his mostly Latino community that he was looking for work. It wasn't long before a man down the block found him a near-minimum-wage job at a soy milk factory. Nineteen-year-old Flossie Bradford never knew anyone in her poor, largely African American neighborhood who had a job.
CALIFORNIA | LOCAL
September 26, 2000
Internet Machines Corp. of Agoura Hills announced it has received $30 million in second-round venture funding to accelerate growth and development of next-generation networking products. The funding was led by Meritech Capital Partners and includes additional investments from the current investor, Redpoint Ventures, and several others.
June 8, 1994 |
Networking Nirvana: That's how the owners of Tiffanys II on Lido in Newport Beach are advertising their new club. Tiffanys II is in the Harbor Tower and Marina facility across from the Arches restaurant. The club will cater to business people in Orange County who are in search of a comfortable place to network and who will purchase memberships in the club.
April 7, 1990 |
In a bold move to become a full-service software house, Lotus Development Corp. announced Friday that it will buy Novell Inc., creator of the top-selling personal computer networking program and leader of one of the most important segments in the PC software industry. The deal, whose current market value was pegged at about $1.
April 5, 2009 |
Police in Detroit have ruffled some feathers after they cracked down on an organized pillow fight at a downtown park. The Detroit News reports that police at Campus Martius Park prevented the feathery fight Saturday by disarming pillow-toting participants. The bout was part of a worldwide event organized on social networking websites. Michael Davis, 32, of Hamtramck said police confiscated his pillows but returned their cases. Detroit police spokesman James Tate says cleanup was the issue.