A Netscape bid for the souls of new machines

Article Abstract:

Netscape has joined with IBM, Oracle, Sony, Nintendo, Sega Enterprises and NEC to form Navio Corp, which will develop Internet browsing software and a new operating system for Internet access from consumer devices. Netscape executives envision consumers having a choice between multipurpose PCs priced between $1,000 and $5,000, and various consumer products for specific computer tasks priced from less than $100 to as high as $1,000. The executives concede that Microsoft software will continue to power most PCs well into the future, but they hope the new consumer devices will run on Navio's new software. Such a strategy could shift the focus of the computer industry away from PCs and towards new products for which Microsoft has no built-in advantage. Microsoft is working to scale Windows down to small consumer devices, and the company's Pegasus project will reportedly develop a portable companion to a PC.

Networking Software Pkgs, Management, Product development, Operating systems (Software), Operating systems, International Business Machines Corp., IBM, Oracle Corp., ORCL, Internet access software, World Wide Web, Web browser, Web browsers, Netscape Communications Corp., NSCP, Network software, Navio Communications Inc.

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Apple to take big write-off on acquisition; deal for Next revalued; a top executive quits

Article Abstract:

Apple has announced that the company will incur a substantial loss this quarter, reflecting Apple's acquisition of Next Software. Apple plans to take a $322 million write-off for the acquisition. The company agreed to acquire Next Software in Dec 1996 for $400 million, but Apple must now pay $30 million more than anticipated. Apple's acquisition will help the company develop new software technology for the Macintosh computer line. Apple has also announced Heidi Roizen's resignation, who had joined Apple in Feb 1996 and was in charge of courting software allies. As Next Software and Apple work together to create a new software strategy, third-party developers will have to wait at least 6 months before they can obtain the needed information to develop their software designs.

Mergers, acquisitions and divestments, Company acquisition/merger, AAPL, Apple Inc., Company Employee, NeXT Software Inc.

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A Web-researched Ford in Micosoft's future

Article Abstract:

Microsoft Corp. and Ford Motor Co. have announced their intention to form a joint venture whereby consumers could order cars to their specifications over the Internet. Car dealers have expressed concerns that Ford may be circumventing their businesses, but Ford maintains that this is not their intention. The Ford-Microsoft joint venture has also purchased stock in the online car purchasing concern, Carpoint.

United States, Computer Software, Joint ventures, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Motor Vehicles and Equipment, Microsoft Corp., Automobile industry, Ford Motor Co., F

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