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Technology News Archive - July 25, 2005

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The man who packaged the Internet to the masses is trying his hand at television, but for a more discriminating audience. In April, America Online co-founder Steve Case rose from the ashes of his company's ill-fated merger with Time Warner by declaring his intent to build a new empire based in the health care industry.

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When ru-Net Holding investment company bought Internet store ozon.ru back in 2000 it had monthly sales of just $35,000 and was losing money.

Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.