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...world, is also one of the smartest. But even he couldn't figure out how to beat the Internet - how to transition his grand old monopoly software company, Microsoft, into a business that thrives on the Net. And so he begins his retirement today from Microsoft as the PC era's biggest winner, and the Web era's most spectacular casualty...

Author: /time Magazine | Title: Bill Gates: PC Genius, Internet Fool | 6/29/2008 | See Source »

...beyond its immediate group of users and effectively create and control an enormous market. In the computer industry, IBM dominated the first commercial platform with its expensive mainframes and operating systems, aimed at corporate users. Seemingly overnight, IBM was supplanted by Microsoft and its Windows operating system as the PC revolution took hold. Windows, in turn, is now losing its power as the Web - owned by no one, accessible to all - becomes the dominant platform. (Yes, the Web is nothing more than a big layer of code; all those websites we visit are merely applications that sit atop...

Author: /time Magazine | Title: Who Will Rule the New Internet? | 6/4/2008 | See Source »

...number of them to succeed. "Among the things that are different from the old status quo is the idea that one will win," says Marc Andreessen, who helped write the first widely adopted browser, Mosaic, which popularized the Web. The Internet is a much larger playing field than PC operating systems. "Trying to decide which will win," Andreessen adds, "is kind of like debating whether beef, chicken or lobster is going to win the market for food...

Author: /time Magazine | Title: Who Will Rule the New Internet? | 6/4/2008 | See Source »

...Matt Murphy - a venture capitalist at Kleiner Perkins Caulfield & Byers who oversees the $100 million iFund to seed start-ups that build great iPhone apps - goes even further. He claims that the iPhone will "absolutely be the driver of the post-PC world." Murphy points out that the kit needed by developers to build iPhone apps has been downloaded more than 200,000 times, and he estimates that about 1,000 applications will be available to consumers when the iPhone-apps store launches with the phone. "If you look at so many of the constraints that have held back...

Author: /time Magazine | Title: Who Will Rule the New Internet? | 6/4/2008 | See Source »

...have unlimited access to Netflix's library of more than 10,000 movies and TV shows on demand. Watch what you want, instantly, for as long as you want. You can even start a movie on your home TV and finish watching it days later on your PC laptop at Starbucks. (Netflix's on-demand service isn't supported...

Author: /time Magazine | Title: The Idiot Box Gets Smart | 5/22/2008 | See Source »

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