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Detailed text transcripts for TV channel - CNN - 20170814:04:16:00

Whole web. values around $700 million even though the company is barely profitable. with the success of netscape and the growth of the upstarts, yahoo! it was this energy that was not all in seattle. silicon valley versus what s going on in washington. it s more mankind versus microsoft. so silicon valley is one against the evil empire to the north. this is silicon valley. here microsoft is respected and feared as a powerful giant whose every footstep sends shivers through the entire industry. there s this emerging war basically between the silicon valley culture built up around the web and the microsoft ....

00 Million , 700 Million , Silicon Valley , Whats Going On In Washington , Silicon Valley Versus , Evil Empire , Silicon Valley Culture ,

Detailed text transcripts for TV channel - CNN - 20170814:04:06:00

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 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 are calling him the next bill gates. 24-year-old mark andreessen helped start a company called netscape. the company s stock went public and wall street went bonkers. so what does netscape produce? that now makes the company millions of dollars? this, the navigator, software which makes it easy for people to connect called the internet. microsoft has a long history of feeling threatened by hot new upstarts. ....

Wall Street , Called Netscape , Mark Andreessen ,

Detailed text transcripts for TV channel - CNN - 20170814:01:16:00

values around $700 million even though the company is barely profitable. with the success of netscape and the growth of the upstarts, yahoo! it was this energy that was not all in seattle. silicon valley versus what s going on in washington. it s more mankind versus microsoft. so silicon valley is one against the evil empire to the north. this is silicon valley. here microsoft is respected and feared as a powerful giant whose every footstep sends shivers through the entire industry. there s this emerging war basically between the silicon valley culture built up around the web and the microsoft culture in redmond. it s not just a cultural glacla but an technological clash for power. bill gate hs to turn microsoft around to have it ....

00 Million , 700 Million , Silicon Valley , Whats Going On In Washington , Silicon Valley Versus , Evil Empire , Silicon Valley Culture , Bill Gate Hs , Microsoft Culture In Redmond ,

Detailed text transcripts for TV channel - CNN - 20170814:04:26:00

Over the next few years, americans may be buying millions of dollars in goods and services through the internet. that s a market too important, the government says, for one company to act as gate keeper. the justice department asked a federal court 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 browser, but microsoft began giving away their browser and required to offer it with windows. they are able to illegally, we believe, use that power to block competition. they are able to pay people to not use our software. a lot of people are saying the antitrust laws are outvoted. technology will enforce competition on its own. the counterargument is that when you begin to get lots of people to use your operating system, it becomes harder and harder for ....

Gate Keeper , 1 Million , Windows 95 , Operating System , Antitrust Laws ,

Detailed text transcripts for TV channel - CNN - 20170814:01:58:00

google captured the entire web and they made a map of what linked to what and found things with an accuracy that no one imagined would be possible. turned out google rather than netscape was the one that eclipsed microsoft. by the end of the decade, netscape was gone but microsoft was taken over by what bill was concerned about being taken over by. netscape and google are part of same thing. 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. you have the little ones running around, to go to my computer and grocery shop, it s incredible to be able to do that. 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. ....

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