When the dragon awakes...; ...and finds that it's not 1999 anymore

Article Abstract:

China's level of preparation for the year 2000 computer bug lags behind that of the rest of the world, and officials there are just waking up to the necessity for reconfiguration of computers and software necessary to prevent disaster. A program is in place in private industry and most state ministries, coordinated by bureaucrat Zhang Qi. Expectations are mixed on the outcome if China fails in its preparations. The country's relative technological backwardness will limit difficulties to the coastal areas. There could be disruptions in power distribution and telecommunications and longer term damage to economic growth. Preparation by airlines is further along than other economic sectors, falling behind the United States by only 6 months. American businesses are cautious in their willingness to help, fearing litigation if problems are serious. China has no legal policy in place to deal with claims arising from the bug.

China, Electronic computers, Computers, Computer Services, Computer Systems Design and Related Services, Computer and Data Processing Services, Analysis, Management, Computer industry, Computer services industry, Information technology services industry, Information technology services, Science and technology policy, Year 2000 transition (Computers), Preparedness, Zhang Qi

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EMI finally advances into multimedia; Apple set to build recording facility

Article Abstract:

The EMI record company is planning to develop a number of CD-ROMs and online information services after forming a number of cooperative agreements with companies such as Virgin Interactive Entertainment and Von Holtzbrink Group. EMI has also signed a deal with Apple in which that company will build and operate a multimedia recording facility at EMI's famous Abbey Road studios. The services and CD-ROMs will be based on the music of EMI artists such as the Beastie Boys and the Rolling Stones. EMI officials would not comment on how much money the company would be spending to develop these products but they say that the company is the first major record company to sign a joint venture with a major computer manufacturer such as Apple. The multimedia recording studio is intended to be a place where artists can produce multimedia CD-ROMs.

Computer and Office Equipment, Computer Systems NEC, Planning, Product development, Music industry, Multimedia technology, Multimedia systems, Computer systems, Cooperative agreement for product development, Alliances and partnerships, EMI Music

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Bad timing for some epic projects

Article Abstract:

Asian airport passenger traffic is down. The International Air Transportation Association cut its five year forecast for the region to 3.7 percent from 7.7 percent. Asia's airports could be entering an era of severe overcapacity. Asian governments may have trouble paying off loans on new airports such as the Hong Kong International Airport and Kuala Lumpur International Airport. The airports symbolize an era of economic growth where no expenses were spared. The steep cost of the Hong Kong project has forced the airport to demand high prices for landing fees and duty-free shops. The opening of several new airports in the region may start a landing fee war.

Comment:

Asian airport passenger traffic down

Asia, Airports, Airport Operations, Article

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