Word: microsoft
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Everyone hates Microsoft, of course. But you have to love it too. Sure the boys from Redmond, Wash., play the heavy in every market they dominate, from PC operating systems to desktop software. But when they're the underdogs, as they are in video games and handheld PCs, they have proved to be scrappy fighters and real innovators. And that translates into better products and choices for consumers...
...Microsoft is about to release a new version of its online software, in a market dominated by America Online, a division of the company that publishes TIME. And in the process it has done something not even Ted Turner could do: awaken AOL from its slumber and force it to offer its most inspired revision in years. I like MSN 8 better because it's smarter and cheaper. But the new AOL is also pretty cool. There's a lot of fluff in AOL 8--like 1,000 buddy icons, sounds and patterned backgrounds for instant messages--but there...
With 35 million subscribers worldwide (vs. 9 million for MSN), AOL will continue to have the edge, if only from subscriber inertia. But that may not last long. Microsoft's $21.95-a-month charge is $1.95 less than AOL's, and its broadband access ranges from $40 to $50 a month, vs. $55 for AOL. MSN subscribers also get free versions of Microsoft's encyclopedia and bill-paying and photo-editing software...
...challenge the current Cup holder, the Royal New Zealand Yacht Squadron. It's a good thing, then, that the hope of beating the Kiwis, who have held the Cup since 1995, enticed the fabulously rich to open their wallets. The competition includes teams funded by Oracle's Larry Ellison, Microsoft co-founder Paul Allen and telco investor Craig McCaw; biotech mogul Ernesto Bertarelli; shipping magnate Vincenzo Onorato; British tech millionaire Peter Harrison; and, of course, all the old and new money associated with the New York Yacht Club. After the first round robin in the famously capricious winds of Auckland...
...tight security at AIT sounds more MP than M.B.A., there's a good reason. The private company--which provides Web-hosting services largely through resellers, maintaining 180,000 Web domains for 32,000 clients, including Microsoft--was founded in 1996 by CEO Clarence Briggs, 42, a tightly wound, 13-year veteran of the Army who served in Panama and the Gulf War before a knee injury ended his career. More than 80% of AIT's 160 employees also have military backgrounds, including a number who joined right after a stint at nearby Fort Bragg. Seven of the eight senior executives...