The coming ``Knowledge economy''

Published: 14 November 1999 y., Sunday
Microsoft Corporation does not think the last word has been said by Judge Thomas Penfield Jackson on November 5 when he ruled that the software giant has monopoly control over PC operating systems and wields that power in ways that harms consumers. Mr. Jeff Rakes, a member of Mr. Bill Gates inner circle, said here today that the company was banking on the appeals process, first in the D. C. Circuit Court of Appeals and, if that fails, later in the Supreme Court. Mr. Rakes also said the company could be bailed out because courts have usually held that software companies should be allowed to innovate. In fact, Microsoft has recently formed a group called ``Freedom to Innovate'' which is aggressively campaigning against the ``fact of findings'' by Judge Jackson and would like to avert any carving up of the company or being forced to reveal the source code of Windows to its competitors. This group also holds that such rulings will end up in the Government regulating the computer industry which will be bad for the economy and the consumers. Rakes pointed out that it faced little competition from its competitors (90% of operating systems are by Microsoft) because of its heavy investments in R & D. Earlier, addressing CEOs of Indian industry, Mr. Rakes also chose to drove home the same point about the company_s intention to change the way businesses operate through constant innovations in IT.Giving an outline of the way Microsoft as an organisation was orienting itself for the ``PC plus'' era, Mr. Rakes said it was essential for corporates to begin behaving like digital nervous systems in order to survive the coming ``Knowledge economy'' in which there will be a dramatic acceleration of the flow of information. The digital nervous system he said, is all about leveraging the two revolutions in IT in order to increase competitiveness. The first revolution was the packaging of more and more computing power in PCs to the extent that they became digital dashboards and the second was connection of this power with that of the Internet. He said Microsoft was ``reinventing itself for the PC plus era'' which was expressed by Bill Gates himself .
Šaltinis: The Hindu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Apple Starts Selling Unlocked iPhone 4 in the U.S

Confirming rumors that surfaced over the weekend, Apple has started selling the unlocked version of the iPhone 4 in Apple Retail stores. more »

Anonymous Begins Attacks on Spanish Police Websites

You didn’t expect Anonymous to take the recent Spanish police action against them lying down, did you? more »

Taiwan brings foldable touch-screens closer to reality

The era of foldable touch screens is rapidly approaching, with scientists in Taiwan leading the charge to develop computer and cell phone screens that can folded away or rolled up for storage. more »

The virtual finger language was created in Japan

During the exibition „Technology Open House 2011“ japanese creators of technologies presented the automatic system, which can translate words into the finger language. more »

China threatens Google over hacking claims

China has warned Google that its business could suffer if it continues to suggest that Chinese spies have been targeting the emails of United States' officials. more »

Zero carbon office-building a sign of things to come

South Korea is showing off what it says is the world's first totally eco-friendly business building, a structure that emits zero carbon and uses only renewable energy. more »

Facebook rejects NY man's claim of half-ownership

Facebook founder Mark Zuckerberg has said that an alleged contract and e-mails that a New York man claims entitle him to a 50% stake in the social networking site are "forgeries". more »

Toshiba prices its new tablet to undercut Apple's iPad2

The growing popularity of tablets has seen many new players enter the market. more »

Top 5 social networking hacks

Anthony Weiner, a Democratic congressman, has claimed his Twitter account was hacked after a photograph of a bulging pair of underpants was sent to a follower. Here are some of the most memorable social networking 'hacks'... more »

Google e-mail accounts attacked by Chinese hackers

Hace China have compromised personal e-mail accounts of hundreds of top US officials, military personnel and journalists, Google has said. more »