Companies and i think 2013 will be a big year in which companies that have yet to go public in that space will do so. Reporter there are also several Big Technology companies that investors hope will go public. One is twitter. Although many i. P. O. Experts dont think that will happen this year. Another possibility is squarea mobile Payments Company founded by the man who created twitter. And, finally dropbox, a web based file hosting service. But, its understandable that Many Companies are approaching the i. P. O. Market cautiously. Theyre wary of becoming the next facebook with a stock price thats still well below mays offering price. Erika miller, n. B. R. , new york. Susie it took a long time for norwegian cruise lines to make the big decision to go public. Since the 1990s, it attempted several times to do an i. P. O. , but pulled back. When i talked with c. E. O. Kevin sheehan today, i asked him why he felt that the time was finally right. Its always a lot of pluses and minuses of
Companies and i think 2013 will be a big year in which companies that have yet to go public in that space will do so. Reporter there are also several Big Technology companies that investors hope will go public. One is twitter. Although many i. P. O. Experts dont think that will happen this year. Another possibility is squarea mobile Payments Company founded by the man who created twitter. And, finally dropbox, a web based file hosting service. But, its understandable that Many Companies are approaching the i. P. O. Market cautiously. Theyre wary of becoming the next facebook with a stock price thats still well below mays offering price. Erika miller, n. B. R. , new york. Susie it took a long time for norwegian cruise lines to make the big decision to go public. Since the 1990s, it attempted several times to do an i. P. O. , but pulled back. When i talked with c. E. O. Kevin sheehan today, i asked him why he felt that the time was finally right. Its always a lot of pluses and minuses of
Now, i. B. M. Researchers are working on new uses for the brainiac computer, particularly in the field of medicine. Bernie meyerson calls himself i. B. M. s head geek. He says innovation is critical for companies and societies to survive and thrive. And yes, there is a magic ingredient. Continuity. In the down cycles of the economy, the temptation is always, well, well just cut the front end, we wont do our research, were not going to work on development. So you empty the pipe. Then, when the economy turns and it always turns when that economy turns, you have nothing in the pipe, and people run you over out of the gate. Reporter but, not all innovation happens in multibilliondollar labs. Here in manhattans fashion district, www. Ilikewhatyourewearing. Com is trying to ignite a fashion revolution. Started by olivia gossett, the web site sells cutting edge clothing by rising designers, but its also an online magazine, one that uses cute articles to sell products and foster those independ
Now, i. B. M. Researchers are working on new uses for the brainiac computer, particularly in the field of medicine. Bernie meyerson calls himself i. B. M. s head geek. He says innovation is critical for companies and societies to survive and thrive. And yes, there is a magic ingredient. Continuity. In the down cycles of the economy, the temptation is always, well, well just cut the front end, we wont do our research, were not going to work on development. So you empty the pipe. Then, when the economy turns and it always turns when that economy turns, you have nothing in the pipe, and people run you over out of the gate. Reporter but, not all innovation happens in multibilliondollar labs. Here in manhattans fashion district, www. Ilikewhatyourewearing. Com is trying to ignite a fashion revolution. Started by olivia gossett, the web site sells cutting edge clothing by rising designers, but its also an online magazine, one that uses cute articles to sell products and foster those independ
Captioning sponsored by wpbt this is n. B. R. Susie good evening, everyone. Im susie gharib. Tonight, a special look at innovation and competitiveness in america. We introduce you to watson, the i. B. M. Super computer thats leading u. S. Innovation into the future. Tom good evening. Im tom hudson. We also meet some smaller all American Businesses surviving and thriving as the global marketplace gets more competitive. Susie we have that and more tonight on n. B. R. Tom innovation and competitiveness. These two words attract a lot of attention by investors, Business Leaders and politicians as the u. S. Worries about its status as a Global Economic leader. America has a long history as the worlds leading innovator, but what will it take to remain competitive and remain a beacon of innovation . With the markets closed for the Martin Luther king, jr. , holiday, we bring you this n. B. R. Special edition. Tonight, we begin with a look at American Innovation today. Suzanne pratt has the stor