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Detailed text transcripts for TV channel - CNN - 20170821:00:17:00

Culture up in redmond. it s an economic clash, technological clash, a clash for power. bill gates had to turn microsoft like a super tanker around to have it address the internet. the way they did that was by coming up with internet explorer which they presents as the world s best browser. it wasn t. microsoft stuff never is the best but it was well market and it was pushed and they had a lot of money behind it. here came microsoft with its own version of a web browser built into windows 95. their intention was to kill netscape as the browser and make internet explorer its replacement. five, four, three, two, one. zero. a consumer feeding frenzy. many computer stores like this one in miami opened at the stroke of midnight so customers could be the first to get their hands on windows 95. ....

Bill Gates , Internet Explorer , Earning Money , Web Browser , It Wasn T , Windows 95 , Consumer Feeding Frenzy ,

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 - 20170821:03:26:00

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. they re able to pay people to not use our software and do other things that monopolists are not legally allowed to do. a lot of people were saying the anti-trust laws are outmoded. technology will enforce competition on its own. the counter argument is when we begin to get lots of people to use your operating system, it becomes harder and harder for somebody else to break into that industry. microsoft chairman bill gates goes before congress for the first time today. gates is expected to face tough questions from the senate judiciary committee. i want to, if you don t mind, ask the audience a quick question and get a quick poll here. how many of you used intel based p.cs in this audience? ....

Windows 95 , Web Browser , Monopoly Power , Computer Manufacturers , Bill Gates , Operating System , Counter Argument , Senate Judiciary Committee , Upp Cs , You Dont Mind ,

Detailed text transcripts for TV channel - CNN - 20170820:02:26:00

Hit a button 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 to do. a lot of people were saying ....

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

Detailed text transcripts for TV channel - CNN - 20170820:05:26:00

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 to do. a lot of people were saying the anti-trust laws are outmoded. technology will enforce competition on its own. the counter argument is when we begin to get lots of people to ....

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