Word: microsoft
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Although the founder of Microsoft undoubtedly spends most of his time "innovating" and exercising his monopoly power in the software industry, the famed Harvard dropout is also responsible for offering $400 to every man, woman and child in California...
Yesterday Microsoft CEO Bill Gates and Apple CEO (yes, CEO - more on that later) Steve Jobs delivered two separate but equally interesting speeches about the future of their two companies. Jobs focused on the look and feel of the Mac of the future, while Gates talked about convergence in the wired home of the future...
...photo of his beaming children, taken with a digital camera and put on a CD, to a screen in his home in Connecticut, where the kids are playing Pokemon (don't ask) or dancing to Livin' la Vida Loca (don't ask), before he trades a hundred shares of Microsoft, transfers some cash, buys a Palm Pilot for his wife (who's doing Pilates at the health club this afternoon), auctions off the cabin in Vermont, then orders one set of tickets to a black-tie dinner for breast cancer and another to the latest off-off-off-Broadway play...
Justice Dept. rules Bill Gates' Microsoft Corp is a monopoly...
...named Pierre Omidyar, now 32. In the summer of 1995 Omidyar's fiance (now wife) Pam, who collected Pez dispensers, was bemoaning how hard it was to find other people to trade with in the San Francisco Bay Area. Omidyar was already an e-commerce pioneer (Microsoft eventually bought out eShop, a company he co-founded), but lately he had been wrestling with how the Internet could be used to create fairer markets. The Pez dilemma led Omidyar to the flash of an idea: an Internet auction site could function as the ultimate efficient market...