Dearest Mom, greetings from my CD-ROM
Article Abstract:
Hallmark Cards and American Greetings Corp are adding a new dimension to the greeting card business: the ability to personalize the cards. The companies are offering CD-ROMs that enable customers to customize the cards, including making changes to the image on the front of the card, altering the verse inside and even changing the logo on the back. There are 3,000 possible options. When the changes are made, the customer places the order and the company takes care of the rest, printing the customized card and automatically sending it on a specified date. Some customers will take care of an entire year's card obligations with a single order, relying on the companies to send out appropriate birthday wishes or seasonal wishes automatically. The prices of the cards will be about the same as traditional cards. Some observers wonder whether this impersonalized approach will be successful, since one of the important functions of a card is to show that the sender took a few minutes out of their day to communicate with someone special.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Software may dry up money laundering
Article Abstract:
Federal law enforcement officials believe that artificial intelligence software could be used to find electronic transactions used for laundering drug money, but Congress's Office of Technology Assessment (OTA) is skeptical. Money laundering operations frequently use complex electronic transfer trails that criss-cross the globe to hide illegal drug profits. Finding suspicious transactions among the 700,000 electronic money transfers executed per day in the US is a monumental task. Artificial intelligence could be used to flag suspicious transactions by comparing them to a profile of suspicious transactions. The OTA reported to Congress that using artificial intelligence software would not be a legal search method under existing privacy laws, unless the government obtained a search warrant or subpoena. It also noted that it would be extremely difficult to create an effective profile of money laundering transactions.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Intel-Advanced Micro case stirs debate over arbitrators' powers
Article Abstract:
The copyright infringement case between Intel and Advanced Micro Devices (AMD) has raised questions in the legal community about the power of arbitrators in legal disputes. The arbitrator in the case had essentially ordered that Intel give up its defense in another copyright lawsuit between the two companies, even though the arbitrator had no authority over that case. Legal analysts say that the growing power of arbitrators means that companies will have to be careful to avoid having the courts resolve legal disputes and will have to clearly define the role of the arbitrator when they do turn to the courts. Arbitration is traditionally thought of as a less expensive and fast way of avoiding lengthy court trials but is becoming more expensive and more time consuming.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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