Word: microsoft
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More powerful than Microsoft! Able to leap Time Warner in a single bound! Why, it's Yahoo! In one breathtaking trading session, Yahoo went from being a glitzy dotcom to being one of the largest corporations in the world, surpassing hundreds in market value. And what had Yahoo done to earn the additional $40 billion in market cap? Zip-o. Amazingly, the updraft was a bizarre offshoot of the company's admission, after the close last Tuesday, to the elite Standard & Poor...
...Once upon a time in the 1970s, a question arose among the Bee Gee faithful: What's grooving at Harvard? A guy named James J. Cramer '77 (then hair-famous; now street.com smart) and Crimson pal Steve A. Ballmer '77 (then a turkey shoot victim; now a Microsoft billionaire) decided to start a Crimson magazine. They named it What Is To Be Done, a shout out to communism, a form of socio-political organization, that Mr. Cramer liked a lot. We hear he runs his hedge fund like a good Leninist. Once upon a time, in the late 1990s...
...Microsoft of the genetically modified food industry, Monsanto, is under attack yet again - and, as in the case of the Seattle monolith, its opponents are charging monopoly. Tuesday, lawyers for six farmers filed a class action suit against the seed giant, charging Monsanto with conspiring to control the world's vast seed trade. The suit also claims Monsanto and other companies rush their products to market without testing them adequately for safety. While Monsanto's genetic-engineering business has been the target of many attacks over the past several years, particularly in Europe, Tuesday's suit marks a new tack...
...possible, however, that Posner could make all that unnecessary. One path the negotiations are likely to explore is spinning off Microsoft's operating-systems division, which makes Windows, into its own company. That would track the logic of Judge Jackson's findings of fact: that it's not illegal for Microsoft to have an operating-systems monopoly, but it is illegal to leverage the monopoly to gain an unfair advantage in other markets. Carving Windows out of Microsoft would probably be sufficiently dramatic to please the Justice Department. It might not thrill Microsoft, but it would be preferable...
...statement made by Bill Gates in his talk with TIME [INTERVIEW, Nov. 22] clearly shows how the Microsoft Ceo thinks. When asked about giving computer makers the right to tailor the opening screen, Gates said, "That's like saying you have a product called TIME magazine, but one distributor gets to rip out ads, and another one rips out some articles and puts in new ones." Gates' logic in this case is faulty because of the metaphor he selected. The Windows operating system is akin to the printing press rather than to TIME magazine. How would TIME feel if there...