Jun 04
SAN FRANCISCO (Reuters) - An Internet analyst for a major Wall Street firm argues in a new report that Google Inc and Amazon.com Inc will be long-term winners, while Yahoo and IAC InterActiveCorp fall by the wayside and eBay Inc becomes a merger target.
Sanford C. Bernstein analyst Jeffrey Lindsay argues in a 310-page report entitled “U.S. Internet: The End of the Beginning” to be published on Tuesday that Google and Amazon are best placed to withstand the current economic downturn.
“We expect two players to continue to perform strongly, Google and Amazon,” Lindsay writes. “Both Google and Amazon.com are still racking up annual growth rates in the 30-40 percent range, with only a relatively modest slowdown in sight.”
Lindsay reiterates his previous positions that Yahoo eventually will be sold to Microsoft Corp and that Barry Diller’s IAC e-commerce conglomerate will go ahead in August with its five-way split-up, as planned. Continue reading »
Tags: Amazon, eBay, Google, Internet, Microsoft, Yahoo
May 06
SEOUL, South Korea (AP) - Microsoft Chairman Bill Gates said there will be a vast shift in Internet technology over the next decade as he met Tuesday with South Korean President Lee Myung-bak.”We’re approaching the second decade of (the) digital age,” the software mogul and philanthropist told Lee at the start of their meeting at the presidential Blue House, according to a media pool report.
“The Internet has been operating now for 10 years,” Gates said. “The second 10 years will be very different.” Continue reading »
Tags: Bill Gates, Internet, Microsoft
Apr 06
WASHINGTON (AP) - Members of Congress have as much as $196 million collectively invested in companies doing business with the Defense Department, earning millions since the onset of the Iraq war, according to a study by a nonpartisan research group. Continue reading »
Tags: companies, defense, Defense Department, IBM, John Kerry, Johnson & Johnson, Joseph Lieberman, Lawmakers, Members of Congress, Microsoft, PepsiCo, Roy Blunt
Mar 18
Microsoft is developing Big Brother-style software capable of remotely monitoring a worker’s productivity, physical wellbeing and competence.The Times has seen a patent application filed by the company for a computer system that links workers to their computers via wireless sensors that measure their metabolism. The system would allow managers to monitor employees’ performance by measuring their heart rate, body temperature, movement, facial expression and blood pressure. Unions said they fear that employees could be dismissed on the basis of a computer’s assessment of their physiological state. Continue reading »
Tags: Big Brother, EMG, Microsoft, patent, Patent Office, software
