Word: microsoft
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...million X Prize created by entrepreneur Peter Diamandis to encourage private spaceflight. Leading that race is legendary aerospace engineer Burt Rutan, who is gearing up for another test after his rocket plane broke the sound barrier for the first time last December. Backing Rutan--reportedly with $30 million--is Microsoft co-founder Paul Allen...
...Discount Viagra? Microsoft boss Bill Gates vowed to rid the world of spam within two years - by hitting the senders' pocketbook. Microsoft is developing a method of charging spammers for every unsolicited message rejected as junk mail...
DIED. PHILLIP GOLDMAN, 39, Silicon Valley entrepreneur who co-founded WebTV, a company that enabled people to surf the Internet from their television sets; of undetermined causes; in Los Altos Hills, Calif. After selling WebTV in 1997 to Microsoft for $425 million, he went on to create Mailblocks, a service to block junk e-mail...
...worth about $2 billion, and it's growing at a rate of 35% a year--far outpacing any other advertising medium. What's more, Google, the reigning sultan of search, is looking vulnerable. The combination of big money and big opportunity has attracted some mighty big players, including Microsoft, Yahoo and Amazon. There's a street fight brewing over Internet search that will make the browser wars look like thumb wrestling...
Besides, "even if you thought the U.S. was headed in the wrong direction, you'd probably still want to hold Microsoft," says Laurence Siegel, who helps run the $10 billion endowment at the Ford Foundation. "Likewise," he adds, "Toyota is the world's leading automaker, and Sony is the dominant firm in consumer electronics. you don't want to pretend they don't exist just because they are based in Japan...