--------------------
Say that again...
--------------------
"People think Bill Gates is rough, but he's a powder puff compared
with Rockefeller."
- Ron Chernow, author of a biography of John D. Rockefeller Sr.
"We don't and haven't ever called it push technology.... It's always
been for us Internet Broadcast News,"
- A spokeswoman for Pointcast, trying to distance themselves from the
carcass of buzzwords-past
"There was no such thing as the Internet five years ago."
- Neil Herman, technology analyst for Salomon Smith Barney, giving
"Internet time" an entirely new meaning, in CNNfn
"I think Apple should be the Apple of this business."
- Steve Jobs, Apple CEO (let's ditch the interim already), on Apple's
brilliant new strategy, in Business Week
-------------------
Isn't it funny...
-------------------
... that a few weeks ago Microsoft was warning that any delay in the
delivery of Win98 would spell catastrophic doom for the world economy,
and now that the case has been brought forward they announce that it will
have no "material impact" on any of their earnings... And, now, according
to CompUSA, the lawsuit has actually turned into a great marketing ploy,
as more people than expected have purchased advance copies of Windows 98...
Microsoft claimed they needed at least 7 months just to gather the documents
to answer charges (come on), and didn't get it. Of course, they also
didn't receive an injunction to stop shipping Windows 98, even though some
fairly incriminating memos were put forth...
------------------------------------------
Earnings Reports, IPOs and the like
------------------------------------------
Broadcast.com has filed for an IPO. Expect another hypefest of
some magnitude... Zip2 and CitySearch decide not to merge after all.
Ha ha, it was just a big joke... Games publisher Interplay files for an
IPO (hell with titles such as Descent, Redneck Rampage, and Carmageddon,
why not?)... Intuit had a damn nice quarter (and uses their good fortune
to buy Lacerte software) and announces plans to sell more even more shares
than planned in its latest public offering... NetGravity, hoping to build
on DoubleClick's successful IPO, files for their own... Dell reports better
than expected earnings and the stock goes down... Ciena reports better
than expected earnings and the stock goes down... Autodesk reports better
than expected earnings and the stock goes down (sense a pattern? This is
not a particularly happy market)... Excite files to sell more shares (not,
however, to Zapata - the wonderful fish oil processing company - founded
by George Bush - that suddenly has decided it's an Internet company and
has put full pages ads saying "We'll buy your web page" all over)... Informix,
once again, needs to restate earnings (keep on trying until you get it
right)... Zenith Electronics files for bankruptcy, but then, maybe doesn't?...
As all the technology stocks had fun in free fall this week, Com21 went
public and shot up...
------------------------------------------------
Rumors, Conspiracies etc. of the week...
------------------------------------------------
Microsoft is looking to buy RoadRunner - Time Warner's high speed Internet
access service... 90% of pagers went out this week due to the Galaxy IV
satellite spinning out of orbit. True conspiracy buffs said it was
to lessen drug dealer communication as drug raids increased early this
week (okay, that's probably ridiculous, but 90% of pager traffic through
one satellite? Isn't there someone who thinks about these things
ahead of time?)... AOL, realizing they'd been destroyed by ICQ, decides
they might as well just buy Mirabilis (makers of ICQ). ICQ users
are "pissed off"... IBM has been more or less "borrowing" Cyrix technology
before NatSemi takes over all of Cyrix fabrication...
--------------------------
News you could do without
--------------------------
Seagate claims that the disk drive storage industry has seen its worst
(gotta say something nice to calm the fears of people on a sinking ship,
I guess)... The Leaders of the G8 countries say they've agreed to take
"urgent" action to combat the Y2K problem (um... if they really wanted
to take urgent action they'd get to work instead of holding press conferences)...
Microsoft expects to be sued over Y2K problems (and just why do I expect
their response to be childish, at best?)... Mecklermedia buys the ISPCON
trade shows and Boardwatch Magazine (attempting to hide further losses?)...
Network Solutions announces its 2 millionth domain name registration (yippee)...
Microsoft Sidewalk has a new business plan and will be revamped over the
summer to be more e-commerce focused (apparently Microsoft has decided
that Sidewalk must be continually buzzword compliant)... IBM to push the
Internet telephony of IDT... Broadcast.com to use IDT for its internet
telephony needs as well... Network solutions has started an advertising
campaign that they are the "dot com people" (why yes, I almost did throw
up when I heard that)... Quantum is buying ATL... Lotus buys DataBeam and
Ubique in an attempt to add real-time communication and collaboration tools
to its software (about time)... Umax slashes prices on Apple clones, and
then decides they don't want to sell them anyway... Priceline.com continues
to rock. In its first six weeks over 10,000 airline tickets have
been sold through them and was one of the 10 most visited web sites last
month... Perfect timing: just as Priceline seeks to undercut them, United
Airlines has invested in the Internet Travel Network... Fidelity Investments
has over one million online accounts... AltaVista, apparently a year behind
everyone else in this business, has decided to add "channels" to its web
site... Ooops. Turns out that 3Com switches have a pretty big security
hole in them... AT&T is trying to make the same exact deals that it
recently tried to prevent Qwest for establishing (and now, after a judge
originally refused, the FCC agrees to look at the Qwest deal)... Juno is
up to 5 million subscribers... MCI follows AT&T in getting rid of flat
rate service for people who use their Internet service for more than 150
hours a month... BellSouth to rollout ADSL in August... AT&T starting
Internet telephony trials... Snap, the struggling wanna-be portal owned
by CNet, has added free email... Sharper Image to go online... WTO decides
that the Internet should be duty-free for a year (ooh, big concession)...
Packard Bell looking to make super-cheap (<$500) computers with Cyrix
chips... Yahoo! and Netscape ditch Netscape Guide by Yahoo! only one year
into the process when they realize that, well, no one used it... Infoseek
claims it has "breakthrough" new search technology that will make its search
engine have greatly improved searching results... Fujitsu predicts weak
sales in semiconductors (seems like a popular move)... AMD will officially
release the K6-2 this week...
------------
Surprises:
------------
Motorola and Teledesic to work together on Teledesic's Internet-in-the-sky
(so, let's see, Motorola gains access to a satellite system that actually
has bandwidth, and Teledesic gains access to... er... oh yeah, Motorola's
experience in failing to put up a good satellite system - and $750 million)...
Yahoo! and AT&T in an Internet marketing pact (and just why is it that
no one seems concerned about MCI's feelings in this matter?)... The European
Union says that Microsoft anti-trust issues are the US's problem, and not
theirs (makes you wonder who MS might have bribed)... The online version
of the San Jose Mercury News has dropped their subscription policy, so
that the content is now free for all to see (moving in the *right* direction,
as opposed to Slate and BusinessWeek)... Yahoo! switches to powerful (and
soon to be public) Inktomi's search engine technology for its guide pages...
CDNow has a huge market share lead over Music Boulevard (33% to 12%)...
Intel is canceling plans for a mobile version of its Katmai processor...
Intel, in an obvious effort to throw the DOJ off of their trail, has licensed
some of their Pentium II technology to other companies... MCI might be
selling off their backbone (not to be confused with their spine) to ward
off the DOJ as well... Intergraph notebooks?... Citibank chooses Netscape
over Microsoft for its electronic commerce software... Mindspring says
it has too many customers in some areas, and stops signing up new folks...
Just a week after IBM CEO Lou Gerstner said that all is beautiful with
IBM's future, it turns out he just sold a bunch of shares... Sega powered
by Windows CE (is this a joke?)...
-------------------------------
(Mis)Uses of Technology:
-------------------------------
The Imagek EFS-1 Electronic Film System, which gives you a nice cartridge
that fits into a regular 35mm film camera where the film should go, but
lets you take digital pictures. Fascinatingly cool. (http://www.imagek.com)
... Bluetooth wireless technology from IBM, Intel, Nokia and Toshiba.
It actually does sound rather cool. One step closer to a totally
connected world... A special hologram to be used in the new design of the
euro currency to prevent counterfeiting is missing... Computer and robot
assisted open-heart surgery in France... If you can't prevent your kids
from surfing to bad sites, you might as well spy on them so they lose all
trust and respect for you. Thanks to a new product called Prudence
parents can spy on where their kids surf...
----------
Studies:
----------
Workers receive an average of 190 messages a day (email, phone calls,
faxes, voice mail, etc) according to a Pitney Bowes study... According
to eMarketer, e-commerce will be a $26 billion market by 2002... Meanwhile,
digerati guru Nicholas Negroponte predicted that online commerce could
reach $1 trillion by 2000... According to the Economic Strategy Institute,
the US policy on encryption will cost US companies $9 billion over the
next five years (could someone hand Louis Freeh a clue?)... 23% of the
adult population uses the Internet according to Mediamark Research Inc...
According to Ovum, by the year 2003, there will be as many smart cards
in the world as there are people...
-----------
Overhype
-----------
Apple incorporating some Wintel technologies was hyped to the point
where you could have thought that Apple was simply going to become another
PC maker... AOL and Kodak's "You've Got Pictures!" deal. Is it really
that exciting that you can deliver pictures online?...
--------------
Predictions:
--------------
I'm actually wondering why this hasn't already happened (though perhaps
it has?). Why is everyone waiting for the US Government to solve
Netscape's woes with Microsoft? Why isn't there a real grass-roots
campaign that tells companies like Dell and Compaq that they won't buy
computers from them unless it includes Netscape? Then we wouldn't
have companies like NEC and Gateway feeling like they need to "quietly"
add back the option to have Netscape pre-installed on their machines...
------------------------
Too much free time:
------------------------
Time to take some quizzes:
http://www.brunching.com/categories/category-quizzes.html
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