Word: microsoft
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...combine the features of existing programs: the instant-messaging system of Internet Relay Chat, the file-sharing functions of Microsoft Windows and the advanced searching and filtering capabilities of various search engines. He reasoned that if he could write a program that included all those features, he'd have a pretty cool piece of software...
Speed, the Supreme Court decided, is not of the essence in the Microsoft case - essence...
...Court of Appeals for D.C., which will only be too happy to play its part: Pruning the case's issues down to a more svelte size and scope before making its decision. Tactically, the decision is a disappointment for the Justice Department and a score for Microsoft, which has gotten some good treatment at Appeals' hands in the past and thinks it has some good procedural beefs to take to it this time...
...Microsoft - whose stock hopped on the news but is still well below its highs from less troubled times - now gets its chance to put what it hopes will be a Wen Ho Lee-esque spin on the case. Redmond's lawyers will be taking a basket of procedural complaints and charges of government sloppiness to a court much more suited to hearing them than the Supremes would be, and Justice will likely find itself forced to defend its tactics as well as the issues at stake. For Bill Gates, that's well worth another year in purgatory...
...best indicator of where the overall high-tech winds are blowing. It's a member of the Dow, NASDAQ and the S&P, which is the practical reason why Wall Street's trio of indexes all tanked on the news. But the spiritual malaise is just as contagious; Microsoft, Dell and Cisco all took overnight hits as well. Intel's announcement also comes early in a third-quarter earnings season that investors are nervous enough about already. Bad earnings news revives fears that Greenspan's soft landing may be a rocky one for corporations...