November 2 - 8, 1997
from the Up-To-Date dept
Sponsored by the Technology Management Club of Cornell's Johnson Graduate School of Management. And the Disney School of Contradictory Accounting********************************************************************* UP-TO-DATE ********************************************************************* The not always serious, not always weekly update on the Hi-Tech Industry November 2nd - November 8th ********************************************************************* Sponsored by the Technology Management Club of Cornell's Johnson Graduate School of Management. And the Disney School of Contradictory Accounting -------------------- Say that again... ------------------- "This is a big problem from a moral, ethical and social point of view." - Brad Weber, EVP of the ISP providing sites such as "Caf' Flesh" on finding out that people are "sharing passwords" to get into these sites, but saying nothing about the content of such sites, in the NY Times "We would not argue that NT solves everybody's problems. We know there's a lot of work to do." - Anthony J. Bay, general manager of Microsoft's Internet Servers Business Unit, 'fessing up "We are always going to be smaller than AOL. I just want to admit that." - Laura Jennings, Microsoft VP in charge of MSN, also 'fessing up "People have the impression for us to win, Microsoft has to lose. The notion that we have to take them down is not accurate." - Mike Homer, Netscape's executive VP of sales and marketing, leading up to the fact that Microsoft is winning or what? "CEOs are supposed to have class. I can see that isn't an opinion you hold." - Steve Jobs, Apple temporary (yeah, right) CEO, to Michael Dell, CEO of Dell in response to Dell's comment that Apple should just give it up and shut down. "Sun's board should wash his mouth out with soap. If my five-year-old talked the same way, she'd be blowing bubbles." - Tod Nielsen, Microsoft Executive on Scott McNealy's anti-Microsoft quotes ------------------------------------ Earnings Reports ------------------------------------ S3 to "restate" earnings for a "number" of previous quarters, reducing revenue by $40 to $70 million... Cisco beats expectations, and is "doing rather well" overall... Cox Communications losing more money than expected... Ascend says to "expect" sales increases over the next two quarters... Acclaim Entertainment losing over a dollar and a half more than expectations... AOL making money... Senators are looking into requiring companies to report in their annual statements how much the Year 2000 problem will cost them... ------------------------------------------------ Rumors, Conspiracies etc. of the week... (hey, I just report 'em) ------------------------------------------------ Steve Jobs is having a "big" press conference on Monday. While Jobs has been quiet, the rumors are flying: Apple will become a Network Computer company. Apple will begin direct sales via the Dell model. New, colorful PowerMacs... The Intel-HP designed Merced is so bloated that 32-bit machines are not capable of design rule checking, and so they've moved to Alphas... Microsoft looking to buy either Rhapsody-for-Intel or BeOS to replace an "unimpressive" attempt to create the next generation of Windows NT. No matter what happens with that, one report says that in six months "nobody will recognize Windows NT"... DEC to buy SGI... Compaq to buy DEC... Compaq to buy SGI... I heard this a year ago, but now it's popping up again: MSN has replaced NT servers with Unix boxes because the NT boxes "just didn't work"... Ed McCracken, ex-SGI CEO, to be the leading candidate for the Apple CEO spot... Intel will use neither Slot 1 nor Socket 7 in its NetPC designs, but rather solder the damn thing right into the motherboard... ------------- Chutzpa ------------- Scott McNealy, playing fair, has requested that people mail-bomb Bill Gates in support of 100% pure java... If the Microsoft Network billed you incorrectly for $275 extra, what would you do? That's right, just like Michael Rudder and Mark LaRochelle, you would sue for $75 *million*... Geoffrey Davidian apparently feels it's his right, based on the Freedom of Information Act to know where government officials in Cookeville Tennessee are web surfing. He's suing for the city to release the cookie files of its employees... ----------------------------------------------------- Berating the obvious: (they call this news???) ----------------------------------------------------- Class action suit against Boeing claiming they knowingly hid production problems from investors... A nice (successful!) walk by the astronauts on Mir ended with them forgetting to close the hatch... The launch of the first rocket in Brazil ends in failure as it goes "out of control"... Stock valuations, according to a big name analyst: "suck"... The big four in desktops (Dell, Compaq, IBM, and HP) are becoming the big four in notebooks... HP cuts PC prices... Compaq cuts PC prices... Dell cuts PC prices... IBM cuts PC prices (and introduces sub $1000 Aptiva)... Another AOL email outage... @Home's modems easily open to hackers... Intel admits that problems in Asia "might" impact them... AOL creates a streaming audio product... AT&T has new technology for transferring CD quality music quickly and securely over the internet... Utah Senator Orrin Hatch (whose constituents include Novell and Caldera) suddenly finds Microsoft's practices "abominable" (guess who is going to finance his re-election bid?)... disney.com "revamped"... Oracle, Sun, and Lotus to work together on an "open" standard for networking computing... Government web sites are still collecting "cookies" to get data about visitors... The government has decided to "galvanize a swift, effective response" to the predicted shortage of information technology labor (does anyone else see the oxymoron?)... Intuit offers mortgages via the web... Variety finally decides they need a website (especially since they found out everyone has been reading the Hollywood Reporter's website over paying for Variety)... Microsoft to work with Liquid Audio to create "music commerce"... Borders Books, the missing party in the online book selling wars, is gearing up to enter with "exclusive" agreements with Infoseek and C-Net... Wall Street Journal's online subscriptions have tripled to 150,000 while its hardcopy sister has lost 9,000 subscriptions... The new disney.com and Pathfinder sites have areas that require IE 4.0 instead of Netscape... AOL wins battle against spammer... SEC sends out "warnings" to firms about the Year 2000 problem... The Senate officially will not allow laptops in Congress (suggesting that having actual information at your fingertips is less important than "posterity" when it comes to making important decisions that effect the lives of millions)... In the midst of DOJ troubles, Bill Gates plans to invest another $1 billion in cable. This time the target appears to be USWest... More examples of Microsoft exerting pressure on licensees to sell more IE 4.0 and to shun Netscape... Intel, apparently getting as annoyed as everyone else at DVD standards squabbling, has released its own guidelines... Sun cheated on Java benchmark tests... "Benchmarks weren't created correctly" claims Sun... Fountain of Youth hormone "doesn't work"... Seagate buys more of Dragon Systems (they now own 35% of this speech recognition software company)... MSN losing $250 million a year... Microsoft and Infoseek in joint promotional deal (read: Infoseek just scored a ton of cash)... The FTC found more than 400 websites with false information about health products or treatments in just a few hours (which search engine do you think would accurately respond to "health+information+bogus"?)... Kodak restructuring to be announced this week, with an expected 14,000 employee layoff... Netscape buys GE's stake in Actra (e-commerce joint venture) for $56 million... Microsoft.com revamped... Intel has "nothing special" to say at the semi-annual analysts meeting... IBM CEO, Lou Gerstner, tells Wall Street that its entire industry will move to the internet, and any who don't will die out... Pentium bug revealed that crashes PCs... AMD having "problems" producing K6s at the rate they promised... 3Com gets into consumer video with its Bigpicture TV phone... ------------ Surprises: ------------ Microsoft *admits* that NT isn't as "robust" as other operating systems... AOL and Lotus working together on enhancing Kona... Despite claiming 3 weeks ago that they weren't, suddenly Disney is claiming that "Daily Blast" is profitable. Have they turned to Mickey Mouse to handle the accounting?... Apple and CompUSA working together to create special "store within a store" sections to sell Apple machines (and I thought CompUSA was trying to stay *in* business)... The Justice Dept. puts on hold the Apple buyout of PowerComputing saying it has something to do with Microsoft (???)... Gateway 2000, realizing that they're having trouble selling PCs, has decided to enter what is probably an even more competitive environment: the Internet Service Provider business... India gets rid of government monopoly on Internet Service Providing... IE 4.0 for Unix actually ships... Ira Magaziner, Clinton's advisor on things technical, says that current anti-trust laws are "out-of-date"... As Asia's computer sales are expected to head south, the disappointing European market appears to be picking up... AOL co-founder, James Kimsey, resigns... Texas sues Microsoft... ------------------------------- (Mis)Uses of Technology: ------------------------------- Warner Brothers has adopted togglethis (www.togglethis.com) technology. Watch out for annoying Warner Brothers characters jumping around your desktop and being a general nuisance... Anyone else think the eight million or so stories saying that the judge in the British au pair murder case in Massachusetts would release his decision over the net first, to be *just slightly* excessive? Certainly calling it a technological "leap" was clearly dumb... Celebrities will now be heard on computers of AOL users saying the famous "You've Got Mail!" greeting. Those who have already agreed to this ridiculous publicity stunt include David Letterman, Dennis Rodman and Rosie O'Donnel... ---------- Studies: ---------- A report by Credit Suisse First Boston predicts that within 4 years a majority of the corporate PC market will be controlled by HP, IBM, Dell and Compaq... A survey by MSNBC showed that 21% of people felt the service of online brokers was excellent, 34% said good, and 21% said poor. The most popular site was E*Trade... While 62% of consumer goods companies have a web site, (up from 33% a year ago), a report from Computer Sciences Corp. shows that very few are using it for e-commerce... CNN's website has 50% more activity than last year according to Cowles' MediaDaily... The Coalition for Ad-Supported Information and Entertainment said the average company's budget for web advertising is only $285,000... -------------- Predictions: -------------- Aptex's new neural networking software is supposedly a leap forward in intelligent agents. It allows servers to interpret an email or chat inquiry, and send back an "appropriate" response. Considering the number of times I've gotten responses from *humans* who incorrectly understood my inquiry, I'd be surprised if Aptex's software will have the level of sophistication necessary... Streamland will fail... ----------------------- Memes o' the week: ----------------------- Getting e-commerce off the ground: this week the latest application that is supposed to accomplish this wonderful feat is paying bills online to utilities... Virtual Communities are back in fashion again, as MIT considers making it an area of study... Multimedia markup language? SMIL... ------------------------ Too much free time: ------------------------ A fascinating case study on intellectual property... of a toy: http://www.levitron.com/expose.html ********************************************************************* Up To Date is written by Mike Masnick from whatever news he hears from whatever sources they happen to come from. It is not intended for any uses other than as one of many possible ways to follow what's going on in the hi-tech industry. I certainly wouldn't rely on it as your only source of info. And, of course, my comments may not accurately reflect reality. If you would like to subscribe to the email version please send an email to mdm8@cornell.edu with "Subscribe Up To Date" in the subject heading. Up To Date is also available on the web at http://www.gsm.cornell.edu/Students/clubs/TMC/uptodate/ Comments are always welcome! *********************************************************************
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