Cash crunch

Article Abstract:

The Internet is likely to significantly alter commerce in the US, but one barrier has been how to pay for products or services via computer. Now the first ever electronic-cash products are slated to be introduced. Wells Fargo in 1996 plans to experiment with an electronic card that customers can utilize to buy items over the Internet, and Mastercard International plans to introduce a similar card-based technology in 1997. Supporters of online currency believe the technology will boost electronic commerce. It will be anonymous and more convenient than credit cards, and supports also suggest that vendors will like electronic cash because items can carry lower price tags since there are no credit card fees. Digital cash has some predicted limitations, however. For example, more crooks could use it to move money across borders or evade taxes because of the technology's anonymity.

Communications Software Pkgs (Micro), Innovations, Technology development, Electronic commerce, E-commerce, Internet/Web technology, Smart cards, Smart card

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This company saw the writing on the wall and it was Java

Article Abstract:

Pierian Spring Software spent two years developing a program based wholly on Sun Microsystems programming language, Java. In 1995 when Apple began to fall by the wayside, Pierian's co-founders, Peter Rowe and Steve Bryan, realized that their multimedia authoring tool for Apple Macintosh, Digital Chisel, needed to updated in run on Microsoft's Windows operating system. Java seemed like an excellent solution, as programs written in Java supposedly can be run on platform. However Java did not have many of the necessary developement tools and was full of bugs. Pierian's Digital Chisel is finding success as a Network Computer application. Pierian is using Java to market its product over the Internet.

Planning, Computer software industry, Software industry, Product information, Design and construction, Multimedia authoring software, Multimedia software, Company business planning, Pierian Spring Software, Digital Chisel (Multimedia authoring software)

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Biggest hotel in Texas opens its doors

Article Abstract:

Dallas' Southland Center, which opened in 1959 as a 510-room hotel and office tower, has been rejuvenated with a $210 million conversion into a convention hotel. Even though some fear that Dallas is over-building its hotel properties, the owner of the new Adam's Mark hotel is confident about its future because of its convention niche. Parent company HBE bought the land across the street to build a convention center as part of the new complex. The new hotel has already booked 607,000 room nights through 2005. The 550-room Fairmont nearby anticipates the complex will bring business to town that will benefit even competitors like itself.

Marketing procedures, Hotels & Motels, Hotels (except Casino Hotels) and Motels, Texas, Hotels and motels, Marketing, Abstract, Hospitality industry, Convention facilities, Convention centers, HBE Corp., HBE Corp. Adams Mark Hotels Div.

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