The excitement now is in wireless e-commerce, in embedded consumer products and in network processors.

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And Agency.com is working with London-based Carphone Warehouse, the largest European wholesaler of mobile phones, to create a customizable wireless portal that delivers weather forecasts, local news and e-commerce services to wireless subscribers.

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They illustrate her wide-ranging interests (from e-commerce to wireless electricity), as well as her throw weight in Silicon Valley (not everyone gets to co-invest with Andreessen Horowitz or to back Jack Dorsey).

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Down the road, Salinas hopes to use the wireless frequency to provide Internet access and e-commerce.

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The low-tech system is suddenly set to star in the next act for e-commerce, where wireless meets the Internet.

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