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Detailed text transcripts for TV channel - CNN - 20170821:00:06:00

Super highway. it is called internet. the net began back in 1969. it was a tool of the pentagon. but nowadays just about anyone with a computer and a modem can join in. the internet was a really dorky, hard to use, and extremely nerdy thing. none of your friends would have been on had. just fellow people in tech. the internet really was not a huge factor in the early 90s. but netscape changed things. they re calling him the next bill gates. 24-year-old mark andreessen, 15 months ago, fresh out of the university of illinois, he helped start a company called netscape. at 11:00 a.m. this morning, the company s stock went public and wall street went bonkers. so what does netscape produce that now makes the company worth $2.9 billion? this. the netscape navigator, software which makes it easy for people to connect to the global computer network called the internet. microsoft has a long history of feeling threatened by hot new upstarts. ....

Wall Street , Called Netscape , Mark Andreessen , University Of Illinois , Netscape Navigator , Computer Network , 2 9 Billion , 9 Billion ,

Detailed text transcripts for TV channel - CNN - 20170821:03:06:00

The net began back in 1969. it was a tool of the pentagon. but nowadays just about anyone with a computer and a modem can join in. the internet was a really dorky, hard to use, and extremely nerdy thing. none of your friends would have been on this. just fellow people in tech. the internet really was not a huge factor in the early 90s. but netscape changed things. they re calling him the next bill gates. 24-year-old marc andreessen. 15 months ago fresh out of the university of illinois he helped start a company called netscape. at 11:00 a.m. this morning, the company s stock went public and wall street went bonkers. so what does netscape produce that now makes the company worth $2.9 billion? this. the netscape navigator, software which makes it easy for people to connect to the global computer network called the internet. microsoft has a long history of feeling threatened by hot new upstarts. you could easily argue that bill ....

Wall Street , Called Netscape , University Of Illinois , 9 Billion , 2 9 Billion , Bill Gates , Netscape Navigator , Computer Network ,

Detailed text transcripts for TV channel - CNN - 20170821:00:58:00

it turned out that google rather than netscape was the one that eclipsed microsoft. by the end of the decade, netscape was basically gone but microsoft was, in fact, completely overtaken by exactly the thing bill was concerned about being overtaken by. netscape and google are part of the same thing which was the ascendance of the web. the rate of change in our lives has grown faster and faster. the zeros and ones of computer language are literally transforming every part of our lives. we have the little ones running around to be able to go to my computer and grocery shop is incredible to be able to do that. what i found was another world. a world of caring, concerned people. once you become familiar with it, it becomes a friend. companion. you have a sense of possibility. that geography used to deny you. without moving yourself. the world would come to you. any student could instantly call the text or pictures from any book in the smithsonian or ....

The End , Computer Language , The Little Ones , Dot Com It , Grocery Shop ,

Detailed text transcripts for TV channel - CNN - 20170821:00:26:00

Explorer just makes it easier to get around the web but when you hit a button to access services for travel, entertainment, news and the like, you find sites owned by microsoft and that s what the government is worried about. over the next few years, americans may be buying billions of dollars in goods and services through the internet. and that s a market too important the government says, for one company to act as a gate keeper. the u.s. justice department asked a federal court today to fine microsoft corporation a record $1 million a day. the complaint against microsoft came from executives at netscape, a fast growing software company that struck gold with its web browser but microsoft began giving away its own browser and required computer manufacturers to offer it with windows. what they re able to do is illegally we believe use that monopoly power to block the competition and do other things that they re not legally allowed ....

Gate Keeper , Us Justice Department , Web Browser , Computer Manufacturers , 1 Million , Windows 95 , Monopoly Power ,

Detailed text transcripts for TV channel - CNN - 20170821:03:36:00

well, how would i know that? david boies, the famous litigator, has a photographic memory. he would ask gates in the deposition, do you ever remember saying this? no, i never would say something like that. boies would say, without looking at notes, would you call up document 3,021, please. did you know that microsoft people were meeting with netscape before they actually met? i don t recall knowing in advance. government lawyer david boies revealed an internal microsoft memorandum written by gates three weeks before that meeting. i think there is a very powerful deal of some kind we can do with netscape, gates wrote. we can even pay them money as part of the deal buying some piece of them or something. when i covered the trial, one of the things the judge said to me is he didn t believe bill gates. and that deposition was very instrumental in shaping the judge s decision. i ve never seen a stamp like that, never used a stamp like that. haven t you seen stamps like that ....

David Boies , Bill Gates , Earning Money , Havent You ,