DailyTimeCapsule brief
March 2, 2001
On March 2, 2001, British technology firm Psion announced the cancellation of its plans to develop a smartphone, which marked a significant pivot in the mobile technology landscape. This decision came during a period when the tech industry was rapidly evolving, with companies like Nokia and Ericsson dominating the mobile phone market. As consumers increasingly sought mobile data capabilities, the smartphone concept was gaining traction, yet Psion's retreat underscored the challenges in developing a successful device in such a competitive arena. Meanwhile, in the sports world, heavyweight boxer Mike Tyson expressed concerns about his legacy as he awaited a title shot, emphasizing the intersection of sports and public persona. The cultural scene saw opera singer Renée Fleming gearing up for a concert, adding a touch of artistry to the day's narrative amidst prevailing technological shifts and athletic drama.
Key developments
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In a significant shift in strategy, Psion PLC has announced the cancellation of its plans to develop a smartphone that would integrate a personal organizer with a wireless telephone. This decision is accompanied by a substantial reorganization effort that will involve a workforce reduction of 100 jobs, aimed at mitigating the company's projected losses and declining computer sales. The reorganization effort is estimated to cost around $16 million, highlighting the challenges faced by tech companies in an evolving market.
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Conductor Eve Queler will lead the Opera Orchestra of New York in a compelling performance of Donizetti's La Favorita at Carnegie Hall. This concert features renowned singers Jennifer Larmore and Dmitri Hvorostovsky, both celebrated for their powerful vocal performances and dramatic interpretations. The event highlights Queler's significant contributions to the opera scene, demonstrating her ongoing commitment to bringing classic works to modern audiences.
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In a press conference held in Las Vegas, Mike Tyson reflects on his tumultuous boxing career while expressing his eagerness to fight the winner of the upcoming Evander Holyfield vs. John Ruiz match. Tyson aims to secure a shot at the heavyweight title currently held by Lennox Lewis, indicating his desire to reclaim former glory in the sport. His remarks underscore his contemplation of legacy amidst the competitive landscape of heavyweight boxing during this era.