Internet software poses big threat to Notes, IBM's stake in Lotus; Web programs are cheaper, simpler to use to link a far-flung work force; but systems aren't as secure
Article Abstract:
IBM's expensive acquisition of Lotus in Jul, 1995 was made to give IBM access to Lotus' popular Notes work group software, but Notes' viability is threatened by a variety of small developers pushing Web-based systems that are significantly less expensive than Notes. IBM paid $3.52 billion for Lotus, plus extra expenses such as a $1.84 billion charge and a $1.4 billion earnings hit until 2000. IBM made the acquisition because it sees workgroup software as the next great opportunity in the computer software industry. The existence of the new Intranets could destroy any hope that IBM will realize a profit from Notes. Intranets are private networks that operate via the Internet's World Wide Web. Intranets are less expensive to operate than Notes, and considerably easier to manage. The market for Intranet software will rise to $142 million in 1995, and $488 million in 1996.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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In cyberspace the Web delivers junk mail
Article Abstract:
The Internet's World Wide Web attracts over 12,000 companies, including car makers and entertainment companies, that use graphics, video and sound to capture the attention of consumers. However, beneath the surface of these home page advertisements, some companies offer little more than on-line junk mail. The Ingersoll-Rand Co home page informs customers about 'System Saver Series High Capacity Drain Valves' and a new series of 'oil-free' air compressors. Boeing provides Web browsers with their corporate history. The Web has a vast potential and is expected to reach over 25 million users by the end of the decade. However, most companies currently using the Web fail to capitalize on its multimedia and interactive features and do not provide compelling content.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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As eBay rivals emerge, some tips on bidding and selling on the Web
Article Abstract:
Several high-profile Web auction sites have emerged in an attempt to challenge leader eBay Inc. Yahoo Inc. and Amazon.com Inc. have each created very close imitations of eBay's auction site, and now a group of companies including Microsoft Corp. and Dell Computer Corp. have agreed to combine their online auction operations. The most apparent difference between these auction sites is the number of listings they contain. EBay has four times as many as Yahoo and way more than Amazon.com and others. Another difference between these sites is their cost. Whereas eBay and Amazon.com charge sellers a little fee for listing an item, Yahoo's service is free to sellers and buyers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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