Word: accessible
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Dates: during 1990-1999
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...distance is two gigantic war machines rumbling into position for a battle over the future of the Internet, a turf war that's going to make the browser rivalry look like a schoolyard spat. The name of the game is broadband, the technical term for high-speed Internet access. It's complex stuff, so much so that even the big players sometimes get confused. (When asked a convoluted broadband question at his deposition, Case did a double take. "Am I in the wrong room?" he asked, to peals of laughter from Microsoft lawyers...
...just one-half of a digital double whammy. This summer AOL will start rolling out high-speed digital subscriber line (DSL) access to more than 16 million Bell Atlantic customers. Expect a ton of those annoying pop-up ads trumpeting the fact, and a slew of stories on Case's ominous-sounding broadband strategy, known in the trade as "AOL Everywhere...
That may be a little too paranoid even for Gates. But when it comes to the broadband Internet, the world's richest man has reason to worry. After all, high-speed Web access and the proliferation of Web-based applications could one day make his operating system obsolete. That's why when the trial resumes, the threat of AOL Everywhere may be Microsoft's best defense...
There is only one problem. The whole existence of a fair market in which to raise and invest capital depends on ample liquidity and equal access to information for all. Right now, the hours between 9:30 a.m. and 4 p.m. E.T. present the most honest, open and, yes, perfect market in the world. That's when the institutions know they can handle high volume and be assured of the best executions, the cherished "market order...
...hours in the day. The system, including a satellite dish, wireless keyboard and DISHPlayer receiver, is only $199 (the cost is subsidzed by Microsoft, which owns a big piece of WebTV, and by EchoStar). Naturally, you also have to subscribe to EchoStar's service and pay extra for Net access...