Misplaced Pages

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72-842: Wired (stylized in all caps ) is a monthly American magazine , published in print and online editions, that focuses on how emerging technologies affect culture , the economy , and politics . Owned by Condé Nast , its editorial offices are in San Francisco, California , and its business office at Condé Nast headquarters in Liberty Tower in New York City. Wired has been in publication since its launch in January 1993. Several spin-offs have followed, including Wired UK , Wired Italia , Wired Japan , Wired Czech Republic and Slovakia and Wired Germany . From its beginning,

144-451: A "company that started out as one of the more promising bastions of the digital revolution lost control to old-fashioned vulture capitalism". Providence/Tudor quickly cut a deal to sell the magazine to Miller Publishing for $ 77 million. When Wired Ventures investor Condé Nast heard about the deal through a leak to a Silicon Valley gossip columnist, they peremptorily outbid Miller and bought Wired magazine for $ 90 million dollars. The month of

216-590: A book publishing division (HardWired), licensed a Japanese edition with Dohosha Publishing, created a British edition ( Wired UK ) in a joint venture with the Guardian newspaper, and had signed with Gruner and Jahr to do a German edition to be headquartered in Berlin. And it began work on Wired TV in partnership with MSNBC, as well as three new magazine titles: a shelter book called Neo to be edited by Wired Editor-At-Large Katrina Heron and designed by Rhonda Rubenstein;

288-565: A business magazine called The New Economy ; and a concept magazine with New York design star Tibor Kalman focusing on the countdown to the new millennium. In 1996, reacting to the IPOs of web competitors Yahoo, Lycos, Excite, and Infoseek, Wired Ventures announced its own IPO . It selected the leading East Cost investment bank Goldman Sachs and the leading West Coast bank Robertson Stephens as co-leads, with Goldman managing. Scheduled to go out in June,

360-689: A commonly preferred alternative to all caps text is the use of small caps to emphasise key names or acronyms (for example, Text in Small Caps ), or the use of italics or (more rarely) bold . In addition, if all caps must be used it is customary to slightly widen the spacing between the letters, by around 10 per cent of the point height. This practice is known as tracking or letterspacing. Some digital fonts contain alternative spacing metrics for this purpose. Messages completely in capital letters are often equated on social media to shouting and other impolite or argumentative behaviors. This became

432-483: A computer program shouting at its user. Information technology journalist Lee Hutchinson described Microsoft's using the practice as "LITERALLY TERRIBLE ... [it] doesn't so much violate OS X's design conventions as it does take them out behind the shed, pour gasoline on them, and set them on fire." In programming, writing in all caps (possibly with underscores replacing spaces ) is an identifier naming convention in many programming languages that symbolizes that

504-495: A delicate scanning of characters (from a damaged image that needs further contextual text correction). Depending on the typeface , these similarities accidentally create various duplicates (even quite briefly and without realizing it when reading). E.g. H/A, F/E or I/T by adding a bar; P/R, O/Q, even C/G from similar errors; V/U, D/O, even B/S while rounding the shape; and more deformations implying mixings. Adding digits in all caps styled texts may multiply these confusions, which

576-524: A global following because of its focus not just on hardware and software, but the people, companies, and ideas that were part of what they called the language industries. Whole Earth Review called it "The Least Boring Computer Magazine in the World". This broader focus on the social, economic, and political issues surrounding technology became the core of the Wired editorial approach. Initial funding for Wired

648-399: A mainstream interpretation with the advent of networked computers, from the 1980s onward. However, a similar interpretation was already evidenced by written sources that predated the computing era, in some cases by at least a century, and the textual display of shouting or emphasis was still not a settled matter by 1984. The following sources may be relevant to the history of all caps: Before

720-466: A private for-profit college for digital arts, in Emeryville, California . Initially, the school was funded exclusively by Wintzen, who invested roughly $ 20 million into the project. Wintzen said his support of the school was part of a plan to participate in the "immaterial economy." Along with the management team, Wintzen actively participated in the development of the long-term vision and goals for

792-410: A private funding at the end of December 1996. Wired then proceeded to cut costs by focusing on its US magazine and web businesses, shutting its UK magazine, its book company, and its TV operation, and terminating work on new magazines. By June, Wired magazine was profitable. The web company, now rebranded Wired Digital, was growing. Wired execs wanted to try to go public again in 1998, catching what

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864-714: A second General Excellence in 1997. Wired ’s founding executive editor, Kevin Kelly , had been an editor of the Whole Earth Catalog , Co-Evolution Quarterly ,  and the Whole Earth Review . He brought with him contributing writers from those publications. Six authors of the first Wired issue (1.1) had written for Whole Earth Review , most notably Bruce Sterling (who was on the first cover) and Stewart Brand . Other contributors to Whole Earth who appeared in Wired , included William Gibson , who

936-532: A slowed speed is possible – but in principle too many factors of low legibility are involved." Other critics are of the opinion that all caps letters in text are often "too tightly packed against each other". Besides the aforementioned speed of reading, all caps is can be prone to character -based ambiguities. Namely, the upper-case letters are globally simpler than their lower-case counterpart. For example, they lack ascenders and descenders . Since they are built from fewer positional and building elements (e.g.

1008-416: A smaller grid pertaining to minimalist digital fonts), they are more fragile to small changes. These variations, generally involuntary but sometimes induced on purpose, are caused by a misinterpretation (the information is transferred) or by a deterioration (the data is lost, in the analysis wording). They can occur horizontally and/or vertically, while misreading (without this extra effort or time), or during

1080-663: A term is conspicuous, we look at more than formatting. A term that appears in capitals can still be inconspicuous if it is hidden on the back of a contract in small type. Terms that are in capitals but also appear in hard-to-read type may flunk the conspicuousness test. A sentence in capitals, buried deep within a long paragraph in capitals will probably not be deemed conspicuous...it is entirely possible for text to be conspicuous without being in capitals. Certain musicians—such as Marina , Finneas , who are both known mononymously, and MF DOOM —as well as some bands such as Haim and Kiss —have their names stylised in all caps. Additionally, it

1152-403: Is an "apparent consensus" that lower-case text is more legible, but that some editors continue to use all caps in text regardless. In his studies of all caps in headlines , he states that, "Editors who favor capitals claim that they give greater emphasis. Those who prefer lower case claim their preferences gives greater legibility." Wheildon, who informs us that "When a person reads a line of type,

1224-615: Is common for bands with vowelless names (a process colourfully known as " disemvoweling ") to use all caps, with prominent examples including STRFKR , MSTRKRFT , PWR BTTM , SBTRKT , JPNSGRLS (now known as Hotel Mira), BLK JKS , MNDR , and DWNTWN . Miles Tinker , renowned for his landmark work, Legibility of Print , performed scientific studies on the legibility and readability of all-capital print. His findings were as follows: All-capital print greatly retards speed of reading in comparison with lower-case type. Also, most readers judge all capitals to be less legible. Faster reading of

1296-435: Is less legible and readable than lower-case text. In addition, switching to all caps may make text appear hectoring and obnoxious for cultural reasons, since all-capitals is often used in transcribed speech to indicate that the speaker is shouting. All-caps text is common in comic books, as well as on older teleprinter and radio transmission systems, which often do not indicate letter case at all. In professional documents,

1368-531: Is one aim of Leet (intentional pseudo duplicates) and can provide simple means of concealing messages (often numbers). Eckart Wintzen In his own words, he wanted to "put technology at the service of inter-human warmth." He died of heart failure in 2008, while on vacation in France. Wintzen was born in a fishing village in Holland , and later studied math and physics at Leiden University . In

1440-566: The ASCII table , so can display both alphabets, but all caps only. Mikrosha is switchable to KOI-7N1, in this mode, it can display both caps and lower-case, but in Cyrillic only. Other Soviet computers, such as BK0010 , MK 85 , Corvette and Agat-9 , use 8-bit encoding called KOI-8R, they can display both Cyrillic and Latin in caps and lower-case. Many, but not all NES games use all caps because of tile graphics, where charset and tiles share

1512-658: The Information Superhighway . Due to the work of John Battelle’s fiancée, ex-CBS producer Michelle Scileppi, feature pieces on Wired ’s launch appeared on CNN and in The San Jose Mercury News , Newsweek and Time magazines. Circulation and advertising response was so strong that Wired went bi-monthly with its next issue, and monthly by September with the William Gibson cover story about Singapore called " Disneyland with

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1584-573: The 1990s, more than three-quarters of newspapers in the western world used lower-case letters in headline text. Discussion regarding the use of all caps for headlines centers on the greater emphasis offered by all caps versus the greater legibility offered by lower-case letters. Colin Wheildon conducted a scientific study with 224 readers who analyzed various headline styles and concluded that "Headlines set in capital letters are significantly less legible than those set in lower case." All caps typography

1656-452: The 5 and 10-minute time limits, and 13.9 percent for the whole 20-minute period". Tinker concluded that, "Obviously, all-capital printing slows reading to a marked degree in comparison with Roman lower case." Tinker provides the following explanations for why all capital printing is more difficult to read: Text in all capitals covers about 35 percent more printing surface than the same material set in lower case. This would tend to increase

1728-581: The Death Penalty ", which was banned there. In January 1994, Advance Publications's Condé Nast made a minority investment in Wired Ventures. And in April that year, Wired won its first National Magazine Award for General Excellence for its first year of publication. During Rossetto's five years as editor, it would be nominated for General Excellence every year, win the design award in 1996, and

1800-481: The Decade in 2009. SF Gate called Wired "the magazine that led the digital revolution". From 1998 to 2006, Wired magazine and Wired News , which publishes at Wired.com , had separate owners. However, Wired News remained responsible for republishing Wired magazine's content online due to an agreement when Condé Nast purchased the magazine. In 2006, Condé Nast bought Wired News for $ 25 million, reuniting

1872-506: The IPO was postponed when the market declined days before. When it finally went out in October, Goldman was unable to close the round following another market downturn, and Wired withdrew its IPO. Fingerpointing followed. Some observers claimed the market rejected Wired’s $ 293 million "internet valuation", as too rich for what was a traditional publishing company. Wired replied that its valuation

1944-594: The Italian edition of Wired and Wired.it . On April 2, 2009, Condé Nast relaunched the UK edition of Wired , edited by David Rowan, and launched Wired.co.uk . In 2006, Condé Nast repurchased Wired Digital from Lycos, returning the website to the same company that published the magazine, reuniting the brand. In August 2023, Katie Drummond was announced as the new editor of Wired . Wired ' s web presence started with its launch of Hotwired.com in October 1994. Hotwired

2016-428: The business leadership of publisher Drew Schutte who expanded the brands reach by launching The Wired Store and Wired NextFest. In 2001 Wired found new editorial direction under editor-in-chief Chris Anderson , making the magazine's coverage "more mainstream". The print magazine's average page length, however, declined significantly from 1996 to 2001 and then again from 2001 to 2003. In 2009, Condé Nast Italia launched

2088-602: The business plan, Metcalfe and Rossetto and their initial band of twelve Wired Ones launched Wired as a quarterly on 6 January 1993 and first distributed it by hand at Macworld Expo in San Francisco and, later that week, at the Consumer Electronics Show (CES) in Las Vegas. Copies arrived on newsstand two weeks later as Bill Clinton took office as President, with his Vice President Al Gore touting

2160-408: The company by not closing the round which already had investors booked. The Goldman executive who managed the IPO is quoted as saying "Had the market not been so volatile, I believe the offering would have been quite successful." Goldman’s failure left Wired Ventures cash-strapped. It turned to its current investor Tudor Investment Corporation . Tudor brought on Providence Equity Capital , concluding

2232-454: The company merged with Philips Communications and Processing Services , and ready to move on to other ventures, Wintzen chose not to stay onboard after the merger. After retiring from Origin in 1996, Wintzen decided to put the profits to good use. He founded green venture capital firm Ex'tent, which offered management and financial support to small companies with philanthropic missions. In 1999, Wintzen co-founded Ex'pression College ,

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2304-447: The definition of the term in capitals to describe a specific point of view relating to what he sees as an overlooked aspect of the traditional market space that has been opened up by new media. The magazine coined the term crowdsourcing , as well as its annual tradition of handing out Vaporware Awards, which recognize "products, videogames, and other nerdy tidbits pitched, promised and hyped, but never delivered". In these same years,

2376-462: The development of lower-case letters in the 8th century, texts in the Latin alphabet were written in a single case, which is now considered to be capital letters. Text in all caps is not widely used in body copy . The main exception to this is the so-called fine print in legal documents. Capital letters have been widely used in printed headlines from the early days of newspapers until the 1950s. In

2448-501: The early 1960s, he served a mandatory stint in the Dutch army, where he first developed an interest in computers. In 1976, Wintzen founded the software company BSO, which was later renamed Origin. In 1995, the privately held company had 6,500 employees and 100 offices in 24 countries, with global revenues above $ 500 million. The firm's clients included Volvo , Texaco , Eastman Kodak , Procter & Gamble , and Motorola . In 1996,

2520-534: The evidence that all-capital printing retards speed of reading to a striking degree in comparison with lower case and is not liked by readers, it would seem wise to eliminate such printing whenever rapid reading and consumer (reader) views are of importance. Examples of this would include any continuous reading material, posters, bus cards, billboards, magazine advertising copy, headings in books, business forms and records, titles of articles, books and book chapters, and newspaper headlines. Colin Wheildon stated that there

2592-663: The evolution of digital technology and its impact on society. Wired quickly became recognized as the voice of the emerging digital economy and culture and a pace setter in print design and web design. During its explosive growth in the mid-1990s, it articulated the values of a far-reaching "digital revolution" driven by the people creating and using digital technology and networks. It won the National Magazine Awards for General Excellence in its first year of publication, and others subsequently for both editorial and design. Adweek acknowledged Wired as its Magazine of

2664-538: The eye recognizes letters by the shapes of their upper halves", asserts that recognizing words in all caps "becomes a task instead of a natural process". His conclusions, based on scientific testing in 1982–1990, are: "Headlines set in capital letters are significantly less legible than those set in lower case." John Ryder , in the Case for Legibility , stated that "Printing with capital letters can be done sufficiently well to arouse interest and, with short lines, reading at

2736-711: The first investor in Wired, but even before he could write his check, software entrepreneur Charlie Jackson deposited the first investor money in the Wired account a few weeks later. Negroponte was to become a regular columnist for six years (through 1998), wrote the book Being Digital , and later founded One Laptop per Child . By September 1992, Wired had rented loft space in the SoMa district of San Francisco off South Park and hired its first employees. As Editor and CEO, Rossetto oversaw content and business strategy, and Metcalfe, as President and COO, oversaw advertising, circulation, finance, and company operations. Kevin Kelly

2808-473: The first issue. She and her protégé Simon Ferguson ( Wired ' s first advertising manager) landed pioneering campaigns by a diverse group of industry leaders such as Apple Computer , Intel , Sony , Calvin Klein , and Absolut . Lyman and Ferguson left in year two. Condé Nast veteran Dana Lyon then took over ad sales. Two years after they left Amsterdam, and nearly five years after they first started work on

2880-536: The first with original content and Fortune 500 advertising. Inventing the banner ad, Wired brought ATT , Volvo , MCI, Club Med and seven other companies to the web for the first time on websites built by Jonathan Nelson’s Organic Online . Among the launch crew of 12 was Jonathan Steuer , who led the group, Justin Hall , a pioneer blogger who ran his own successful site on the side, Howard Rheingold as executive editor, and Apache server co-creator Brian Behlendorf , who

2952-641: The former was sold to Condé Nast and the latter to Lycos in September 1998. The two remained independent until Condé Nast purchased Wired News on July 11, 2006. This move finally reunited the Wired brand. As of August 2023, Wired.com is paywalled . Users may only access a limited number of articles per month without payment. Today, Wired.com hosts several technology blogs on topics in security, business, new products, culture, and science. From 2004 to 2008, Wired organized an annual "festival of innovative products and technologies". A NextFest for 2009

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3024-569: The given identifier represents a constant . A practice exists (most commonly in Francophone countries) of distinguishing the surname from the rest of a personal name by stylizing the surname only in all caps. This practice is also common among Japanese, when names are spelled using Roman letters. In April 2013, the U.S. Navy moved away from an all caps-based messaging system, which was begun with 1850s-era teleprinters that had only uppercase letters. The switch to mixed-case communications

3096-529: The latter of whom was the publication's editor-in-chief and had also been the editor on the piece that became Argo. The magazine was launched in 1993 by American expatriates Louis Rossetto and his life and business partner Jane Metcalfe . Wired was originally conceived in Amsterdam, the Netherlands, when they were working on Electric Word , a small, groundbreaking technology magazine that developed

3168-567: The lower-case print is due to the characteristic word forms furnished by this type. This permits reading by word units, while all capitals tend to be read letter by letter. Furthermore, since all-capital printing takes at least one-third more space than lower case, more fixation pauses are required for reading the same amount of material. The use of all capitals should be dispensed with in every printing situation. According to Tinker, "As early as 1914, Starch reported that material set in Roman lower case

3240-465: The magazine also published the story, written by Joshuah Bearman, that became the movie Argo . In more recent times, the publication became known for its deep investigative reporting, including a long story about Facebook—"Inside the Two Years that Shook Facebook and the World"—that became the publication's most read article of the modern era. It was written by Fred Vogelstein and Nicholas Thompson ,

3312-677: The magazine with its website. Wired ’s second editor Katrina Heron published Bill Joy's " Why the Future Doesn't Need Us ", breaking with Wired's optimism to present a dystopian view of the technological future. Wired 's third editor, Chris Anderson is known for popularizing the term "the long tail ", as a phrase relating to a "power law"-type graph that helps to visualize the 2000s emergent new media business model. Anderson's article for Wired on this paradigm related to research on power law distribution models carried out by Clay Shirky , specifically in relation to bloggers. Anderson widened

3384-405: The networking explosion, carrying cover stories on Yahoo’s origin story, Neal Stephenson’s 50,000 word, epic essay on the laying of the fiber optic datalink from London to Japan, and Bill Gate’s media strategy for Microsoft. On October 27, 1994, 20 months after its first issue, and following the introduction of the first graphic web browser Mosaic, Wired Ventures launched its Hotwired website,

3456-523: The opportunity to add marginal notes emphasising key points. Legal writing expert Bryan A. Garner has described the practice as "ghastly". A 2020 study found that all-caps in legal texts is ineffective and is, in fact, harmful to older readers. In 2002, a US court spoke out against the practice, ruling that simply making text all-capitals has no bearing on whether it is clear and easily readable: Lawyers who think their caps lock keys are instant "make conspicuous" buttons are deluded. In determining whether

3528-583: The original business plan, John Plunkett, who designed the "Manifesto", Eugene Mosier, who provided production support to create the first prototype (and later became Art Director for Production), and Randy Stickrod, who provided Rossetto and Metcalfe refuge in his office on South Park when they first arrived in San Francisco. IDG’s George Clark arranged nationwide newsstand distribution. Associate publisher Kathleen Lyman joined Wired from News Corporation and Ziff Davis to execute on its ambition to attract both technology and lifestyle advertising, and delivered from

3600-489: The reading time. When this is combined with the difficulty in reading words in all-capital letters as units, the hindrance to rapid reading becomes marked. In the eye-movement study by Tinker and Patterson, the principal difference in oculomotor patterns between lower case and all capitals was the very large increase in number of fixation pauses for reading the all-capital print. All caps text should be eliminated from most forms of composition, according to Tinker: Considering

3672-404: The sale amounting to $ 50-100 million. Ultimately, the controlling investors relented, and the deal closed in June 1999 for $ 285 million. At that point, Wired Digital was also cashflow positive. Combined proceeds of the two sales exceeded the Wired Ventures valuation at the time of its failed IPO. Rossetto’s penultimate issue was five years after his first, in January 1998. Appropriately, the issue

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3744-419: The sale, Wired ’s magazine and web businesses became cashflow positive. Condé Nast declined to buy Wired Digital. Four months later, Providence/Tudor sold Wired Digital to Lycos . The deal almost didn’t close. Wired Ventures’s founders and early investors threatened lawsuits against Tudor and Providence for breach of fiduciary responsibility, claiming they were engaging in unfair distribution of proceeds from

3816-572: The same ROM. Game designers often choose to have less characters in favor of more tiles. With the advent of the bulletin board system , or BBS, and later the Internet, typing messages in all caps commonly became closely identified with "shouting" or attention-seeking behavior, and may be considered rude. Its equivalence to shouting traces back to at least 1984 and before the Internet, back to printed typography usage of all capitals to mean shouting. For this reason, etiquette generally discourages

3888-485: The strongest influence on the magazine's editorial outlook came from founding editor and publisher Louis Rossetto . In 1991, Rossetto and founding creative director John Plunkett created a 12-page "Manifesto for a New Magazine", nearly all of whose ideas were realized in the magazine's first several issues. During the five years of Rossetto’s editorship, Wired 's colophon credited Canadian media theorist Marshall McLuhan as its " patron saint ". Wired went on to chronicle

3960-425: The titles on book covers. Short strings of words in capital letters appear bolder and "louder" than mixed case, and this is sometimes referred to as "screaming" or "shouting". All caps can also be used to indicate that a given word is an acronym . Studies have been conducted on the readability and legibility of all caps text. Scientific testing from the 20th century onward has generally indicated that all caps text

4032-581: The use of all caps when posting messages online. While all caps can be used as an alternative to rich-text "bolding" for a single word or phrase, to express emphasis, repeated use of all caps can be considered "shouting" or irritating. Some aspects of Microsoft's Metro design language involve the use of all caps headings and titles. This has received particular attention when menu and ribbon titles appeared in all caps in Visual Studio 2012 and Office 2013 , respectively. Critics have compared this to

4104-571: Was a radical departure. Computer magazines carried no lifestyle advertising, and lifestyle magazines carried no computer advertising. And Wired’s target audience of “Digital Visionaries” was unknown. Wired ’s fundraising breakthrough came when they showed a prototype to Nicholas Negroponte , founder and head of the MIT Media Lab at the February 1992 TED Conference, which Richard Saul Wurman comped them to attend. Negroponte agreed to become

4176-650: Was also featured on Wired 's cover in its first year. Wired co-founder Rossetto claimed in his launch editorial that "the Digital Revolution is whipping through our lives like a Bengali typhoon", a bold statement at the time, when there were no smart phones, web browsers, and less than 10 million users connected to the Internet around the world, barely half that in the United States. Bold also describes John Plunkett’s graphic design, and its use of fluorescents and metallics. Uniquely for magazines, Wired

4248-1916: Was canceled. In 2018, Wired hosted "Wired 25", a celebration of its 25 years, an event which included Jeff Bezos, Jack Dorsey, and many of the other founders of the tech industry. Geekipedia is a supplement to Wired . Wired ' s writers have included Jorn Barger , John Perry Barlow , John Battelle , Paul Boutin , Stewart Brand , Gareth Branwyn , Po Bronson , Scott Carney , Michael Chorost , Douglas Coupland , James Daly , Joshua Davis , J. Bradford DeLong , Mark Dery , David Diamond , Cory Doctorow , Esther Dyson , Paul Ford , Mark Frauenfelder , Simson Garfinkel , Samuel Gelerman, William Gibson , Dan Gillmor , Mike Godwin , George Gilder , Lou Ann Hammond, Chris Hardwick , Virginia Heffernan , Danny Hillis , John Hodgman , Linda Jacobson, Steven Johnson , Bill Joy , Richard Kadrey , Leander Kahney , Jon Katz , Jaron Lanier , Lawrence Lessig , Paul Levinson , Steven Levy , John Markoff , Wil McCarthy , Russ Mitchell, Glyn Moody , Belinda Parmar , Charles Platt , Josh Quittner , Spencer Reiss , Howard Rheingold , Rudy Rucker , Paul Saffo , Adam Savage , Evan Schwartz , Peter Schwartz , Steve Silberman , Alex Steffen , Neal Stephenson , Bruce Sterling , Kevin Warwick , Dave Winer , Kate O’Neill , and Gary Wolf . Guest editors have included director J. J. Abrams , filmmaker James Cameron , architect Rem Koolhaas , former US President Barack Obama , director Christopher Nolan , tennis player Serena Williams , and video game designer Will Wright . All caps In typography , text or font in all caps (short for " all capitals ") contains capital letters without any lowercase letters. For example: THE QUICK BROWN FOX JUMPS OVER THE LAZY DOG. All-caps text can be seen in legal documents, advertisements , newspaper headlines , and

4320-580: Was common on teletype machines, such as those used by police departments, news, and the United States' then-called Weather Bureau , as well as early computers, such as certain early Apple II models and the ZX81 , which had a limited support for lower-case text. This changed as full support of ASCII became standard, allowing lower-case characters. Some Soviet computers , such as Radio-86RK , Vector-06C , Agat-7 , use 7-bit encoding called KOI-7N2, where capital Cyrillic letters replace lower-case Latin letters in

4392-494: Was confirmed by savvy private investors who put $ 12.5 million into the company in May at just under the original offering stock price. They also argued that the offering price was set by the bankers, and was merited since it pioneered web media, and its revenue at Hotwired was greater than Yahoo when it went public at a higher valuation than Wired’s. For their part, Wired executives blamed Goldman for mismanaging their IPO, and then failing

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4464-471: Was entitled "Change is Good", Wired's unofficial slogan. In his last issue in February, he ushered in a complete redesign of the magazine, the first since its start. Katrina Heron became Wired ’s second editor-in-chief with the March 1998 issue. Wired magazine’s new owner Condé Nast kept the editorial offices in San Francisco, but moved the business offices to New York . Wired survived the dot-com bubble under

4536-496: Was estimated to save the Navy $ 20 million a year and is compliant with current Internet protocol. An antiquated practice that still remains in use, especially by older American lawyers who grew up before the arrival of computers, is to use all caps text for text that is legally required to be emphasised and clearly readable. The practice dates to the period of typewriters, which generally did not offer bold text, small capitals, or

4608-414: Was executive editor, John Plunkett creative director, and John Battelle managing editor. John Plunkett's wife and partner, Barbara Kuhr (Plunkett+Kuhr) later became the launch creative director of Wired's website Hotwired . They were to remain with Wired through the first six years of publication, 1993–98. Rossetto and Metcalfe were aided in starting Wired by Ian Charles Stewart , who helped write

4680-506: Was one of the first magazines to list the email addresses of its authors and contributors, the column by Nicholas Negroponte, while written in the style of an email message, surprisingly contained an obviously fake, non-standard email address. That was remedied in the second issue. Wired first mentioned the World Wide Web in its third issue, after CERN put it in the public domain in April. Subsequently, Wired focused extensively on

4752-409: Was printed on a new, state of the art, high-end, six color press normally used for annual reports. The first issue covered interactive games, cell-phone hacking, digital special effects, digital libraries, an interview with Camille Paglia by Stewart Brand, digital surveillance, Bruce Sterling’s cover story about military simulations, and Karl Taro Greenfeld ’s story on Japanese otaku . And while Wired

4824-673: Was provided by Eckart Wintzen , a Dutch entrepreneur. His Origin software company extended a contract for advertising and bought the first 1000 subscribers. Rossetto and Metcalfe moved back to the United States to start Wired , finding the European Union not a cohesive enough media market to support a continent-wide publication. Origin’s upfront payment was the seed capital which saw Rossetto and Metcalfe through 12 fruitless months of fundraising. They approached established computer and lifestyle publishers, as well as venture capitalists, and met constant rejection. The Wired business concept

4896-427: Was read somewhat faster than similar material printed in all capitals." Another study in 1928 showed that "all-capital text was read 11.8 percent slower than lower case, or approximately 38 words per minute slower", and that "nine-tenths of adult readers consider lower case more legible than all capitals". A 1955 study by Miles Tinker showed that "all-capital text retarded speed of reading from 9.5 to 19.0 percent for

4968-490: Was so new at the time, Wired hired forty engineers to write the code for its edit and ad serving software. By the end of 1995, Hotwired ranked sixth among all websites for revenue, ahead of ESPN, CNET, and CNN. The New York Times commented, " Wired is more than a successful magazine. Like Rolling Stone in the 60's, it has become the totem of a major cultural movement." With Wired magazine and Hotwired’s explosive growth, Wired expansion accelerated. By 1996, it had launched

5040-417: Was the first website with original content and Fortune 500 advertising. Hotwired grew into a variety of vertical content sites, including Webmonkey, Ask Dr. Weil, Talk.com, WiredNews, and the search engine Hotbot. In 1997, all were rebranded under Wired Digital. The Wired.com website, formerly known as Wired News and Hotwired , launched in October 1994. The website and magazine were split in 1998, when

5112-450: Was to be the second runup in internet stocks which resulted in the 1999 dot-com bubble. In 1996, Wired Digital made up 7 percent of the company's revenues, and in 1997 it pulled in 30 percent. The unit was expected to contribute about 40 percent of revenues in 1998. Providence and Tudor had other plans, and hired Lazard Freres to shop the company. Rossetto and Metcalfe lost control of Wired Ventures in March 1998. The Street.com commented that

5184-538: Was webmaster. Convinced the Web was the future of media, and using Condé Nast’s investment, Wired bet its future by quickly expanding Hotwired into a suite of websites to include Ask Dr. Weil, Rough Guides, extreme sports, even cocktails. In 1996, it introduced its search engine HotBot in partnership with Berkeley startup Inktomi . Hotwired pioneered many of the features and techniques that would go on to define online journalism and online content creation in general. The web

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