Word: ibm
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...older, nerdier pal, Steve Wozniak, created the first true personal computer in 1976. But while Apple established and dominated the early market for computers and software - creating a record for "fastest start-up to reach the Fortune 500" - it rapidly lost the market. The rise of the IBM-compatible PC a decade later, which ran Microsoft's operating system, smashed Apple. The key to the PC's success and Apple's downfall was that the open-standards-based IBM-compatible PC created a platform for third-party hardware and softwaremakers to ply their stuff...
...hype over Cuil, in fact, may be testament to the power of a great back story. Cuil is the brainchild of ex-Google staffer Anna Patterson - who developed the TeraGoogle indexing system that Google still uses today - and her husband Tom Costello, who developed search engines at Stanford and IBM. Cuil indexes some 120 billion Web pages. (Google, on the other hand, claims to scan more than a trillion pages, but only indexes those that are useful, according to the company.) The Cuil team generated so much buzz for its venture that it managed to raise some $33 million...
...Gates was always more accustomed to being a disruptor than being disrupted. At the age of 25, he licensed a primitive operating system, PC-DOS, to IBM for $80,000 rather than sell it outright, a move that's usually ranked as one of the Greatest Business Moves of All Time. Gates figured that many PC makers would copy IBM's open architecture, and make their own PCs; they'd need to license an operating system, too. PC-DOS soon became MS-DOS, an operating system for all IBM clones, and Microsoft was on its way to becoming...
...third-party applications function. There are scores of big platforms out there - something like three dozen in the international mobile-phone business alone. But a truly successful one can extend far beyond its immediate group of users and effectively create and control an enormous market. In the computer industry, IBM dominated the first commercial platform with its expensive mainframes and operating systems, aimed at corporate users. Seemingly overnight, IBM was supplanted by Microsoft and its Windows operating system as the PC revolution took hold. Windows, in turn, is now losing its power as the Web - owned by no one, accessible...
...weeks after the installation of the word processors, the College began offering 20 to 30 percent discounts on IBM computers to students for the first time, setting up a showroom of $2,500 to $4,000 models on the sixth floor of the Holyoke Center...