Stung by a Government it ignored, Microsoft abandons isolationism
Article Abstract:
Microsoft for the first time is seeking to boost its presence in Washington, DC, politics. The software giant has been assembling experienced lobbyists and public relations experts over the last few months in an attempt to erase its image as an industry bully. Technology's rising influence in the economy and people's homes is forcing Microsoft to abandon its previous strategy of mostly ignoring Washington, DC-based lawyers and Congressional committees. Microsoft has received several setbacks since Oct 1997, headed by antitrust suit filed by the Justice Department regarding its Internet browser software and Windows 95 OS. Company shares have declined by almost 15% in the last two weeks to $128.5625. Consumer advocate Ralph Nader is calling for scrutiny on Microsoft as it plans to extend into other areas such as cable TV and banking. Witnesses accused Microsoft of possibly violating antitrust laws and playing dirty in Nov 1997 Senate Judiciary Committee hearings about Internet competition, called by Chmn Orrin Hatch, R-UT.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Microsoft's window on 1998 is creating a siege mentality
Article Abstract:
Microsoft's antitrust clash with the Justice Department seems to have placed the software giant on the defensive. A new Microsoft legal strategy consists of softening its traditionally brash stance against critics and customers, as the company fears a worst-case scenario of being broken apart by the Justice Department. This follows several embarrassing legal and public relations setbacks stemming from an Oct 1997 Government suit which accuses Microsoft of violating a consent decree. Another disturbing trend centers on loyal customers that are joining the growing number of Microsoft opponents. Microsoft's once surging stock price has reached a plateau for months, and today's closing price of 135 1/4 represents a 10% decline from its 52-week high. Microsoft consistently ranks among the most admired US companies, with more than 85% of worldwide OS users choosing its products.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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High-tech industry, long shy of politics, is now belle of ball
Article Abstract:
Democratic and Republican lawmakers in the US Congress are both courting the high technology industry. Legislators are backing high-tech-sponsored legislation, believing it will open the door to generous campaign contributions and votes, as the high-tech alliances mean more money and more jobs.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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