Word: microsoft
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...center of this new world is a conflict between consolidation and disintermediation (a word that sounds like a tropical disease but means the removal of intermediaries, such as banks, from financial transactions). The disintermediation camp--led by software firms like Microsoft and Intuit--believes that the future will belong to companies that master the technology of this new era, firms that give investors subatomic-level control over their finances with sophisticated products that balance risk and reward, cost and value. The opposite camp--led by McColl and others--argues that the future belongs to huge financial institutions that will package...
...business and size is poor insulation from change (just ask Japanese banks, among the world's largest, now immobilized by bad debt, weak management and a stunted economy). The future lies in being both nimble and smart. "We have a lot of competition these days, even from people like Microsoft," said McColl recently, revving up his engines. "Software is becoming everything...
When he was appointed "special master" last December in the Justice Department's closely watched antitrust suit against Microsoft, Lawrence Lessig expected that by spring he'd be the most important person in the court--the expert telling Judge Thomas Penfield Jackson how to sort through the legal and technological issues underlying the complex case. Instead, he's the one being judged. A federal appeals court will decide this week whether he is, as Microsoft claims, too deeply biased against it to make an impartial recommendation...
...cerebral Lessig, who holds a master's degree in philosophy from Cambridge and often retreats for solo reading vacations to such places as Vietnam and Central America. Perhaps too easily. "Sold my soul and nothing happened" was how he chose to describe the trouble he was having installing Microsoft's Internet Explorer to a lawyer friend at Microsoft archenemy Netscape. The line was from a Jill Sobule song, a bit of pop-music whimsy from an opera fan who often wears stereo headphones while he works. It was a joke...
That David vs. Goliath matchup otherwise known as the U.S. government vs. Microsoft rages in Washington, which brings a lump to the Couch Potato?s throat. Forget Bill v. Janet -- we?re strictly old school here, and this reminds us of cinema?s epic battle -- the one between Godzilla and a succession of plucky residents of Japan...