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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Dec 27, 2001
Page
10
New York tech column outlines DVD advantages over video tapes and CDs, noting 4.7 gigabyte capacity and compatibility with CD-ROMs. It details stand alone recorders from Pioneer and Philips, costs, locking in formats, and the slow move to home DVD recording with early limitations and firmware-like issues.
Jim Taylor notes 90 percent drive compatibility for existing drives and players, 70 percent for DVD-RW discs, and explains cost and reuse advantages of rewritable discs. The writer discusses copying a band recording, using Adobe Premiere to capture scenes, saving on a 40 GB drive, and plans to burn final cuts to DVD from a camcorder.
Enron donated 100000 to the Democratic Senatorial Campaign Committee a week before filing for Chapter 11. The company had previously given about 90 percent of its political money to Republicans this year and hired Robert Bennett to handle congressional affairs. Bennett said the donations reflect corporate realities and noted no link to inquiries.
Mitsubishi Heavy Industries plans to reduce its domestic workforce by 4,000 positions, over 10 percent of 37,000, by March 31, 2006. The overhaul aims to lift pre tax profit to 150 billion yen and lifts sales to about 3 trillion yen in the year ending March 31, 2006, amid Japan's recession and weak exports.
Yahoo Inc reports its holiday sales via its portal up 86 percent year over year led by video game consoles and digital cameras as consumers buy online. Average order up 15 percent. respondents note more comfort with online shopping and higher ticket items.
Marsh & McLennan says the MMC Victims Relief Fund will purchase three years of health insurance for all surviving dependents from MMC plans, funded from the relief fund rather than corporate accounts. Critics argue the fund, created with a $10 million donation, should cover benefits beyond its scope.
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