Word: microsoft
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...laughed off a venture capitalist's private plane. Time Warner, TIME's parent company, last year scrapped plans to launch a women's information cable network, concluding that it would not be profitable. But Laybourne was able to attract investments from the likes of Paul Allen (co-founder of Microsoft), Bernard Arnault (chairman of the luxury-goods company LVMH) and America Online (which plans to merge with Time Warner), building a programming fund of more than $400 million. She has also drawn a raft of veteran producers and, as business partners, the Hollywood production team of Marcy Carsey, Tom Werner...
...using a Mac at home. I say "if" because reporters were only permitted to see Aqua demoed under the steely-eyed supervision of Apple's p.r. department. No taking it home to crash test it under real working conditions. So it hardly seems fair to compare it with Millennium, Microsoft's upcoming revision of Windows 98, which I've been running on three machines for the past six weeks...
...this era of media conglomerates, just about every advertisement indicates a potential friend or foe. CNN's parent company, Time Warner, after the AOL merger now controls an immense number of brands, each of which has several competitors whose logos the network could choose to suppress. Will Microsoft now vanish from CNN, and Pixar from Disney/ABC...
...Bill Gates, when he announced Monday that he had made a $5 billion contribution to the Bill and Melinda Gates Foundation, thus making it the largest charitable foundation in the world. Cynics labeled the move another attempt by Gates to paint himself as a more sympathetic character in Microsoft's ongoing antitrust litigation. The same accusations were made earlier this month when Gates stepped down as Microsoft's CEO, saying he wanted to focus more on his family. And, because a chunk of the Gates Foundation grants go to wiring libraries in poor communities to use the Internet, some conspiracy...
This is mitigated, however, by the fact that GE--again, a partner of Microsoft in MSNBC--is also a partner, with Disney and Hearst (which, along with Dow Jones, owns SmartMoney magazine; more on that later), in A&E, the Arts & Entertainment cable channel, which is showing a made-for-TV movie starring Jeff Daniels as George Washington, which I haven't seen but which is hard not to hold against these companies anyway. What's worse, GE has direct links, via co-ownership of CNBC, the financial-news cable channel, with Dow Jones, which publishes the Wall Street Journal...