Word: landgrab
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Dates: during 2000-2009
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...Opponents - these include several European governments and publishers, and the Open Access Alliance formed by authors and Google rivals like Yahoo! and Microsoft - describe that as a kind of massive, literary landgrab which ignores copyright concerns until owners demand they be paid or their books removed. They also fear Google's initially free search-and-access service will give way to a pay scheme. Confusing matters further, libraries, publishers and writers in both the U.S. and Europe are split in pro- and anti-Google Book camps...
...operators who specialize in WiMax are popping up like hot spots at coffee shops. Seattle-based Clearwire is run by former cellular zealot turned WiMax guru Craig McCaw, while others include Irish Broadband in Ireland, Wimax Telecom in Eastern Europe and Unwired in Australia. "It's like a big landgrab," says Ryan Jarvis, founder and chief executive of London-based WiMax start-up Macropolitan. Fixed-line telephone and broadband providers including Softbank in Japan, and BT and Pipex in the U.K., are also getting in on the act. A wireless WiMax network could help fixed-line carriers extract delicious revenge...
...ruling rationale goes something like this: We always had to get big fast. Now we have to get even bigger even faster. The Internet landgrab isn't over just yet. Our infrastructure is scalable, so costs will drop as sales grow. The average customer is ordering more. Sales grew 84% in the second quarter. We pay $13 in marketing to acquire a customer--less than a fifth of what it costs credit-card companies. Most of our businesses are less than a year old. Expect profitability in a few years, unless some other great investment opportunity comes along...
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