2/22/2023 0 Comments Plant tycoon yahoo![]() ![]() They decided to use it to help radio stations transmit online. The firm was launched when co-founders Todd Wagner and Mark Cuba learned about RealNetworks' software for sending audio signals over the Net. The provider ofers round-the-clock online video of everything from presidential speeches to sports events. When people trawl through the Net they still look for words, and pictures are there mainly for decorative purposes. Yahoo! has been criticised for falling behind by sticking mainly to plain-text content. AOL, for its part, recently expanded its Net empire by buying software pioneer Netscape. It now sells pet supplies, drugs, music and books. , meanwhile, is adding to its array of retail products as fast as it can. High-speed access positions AT&T as a force to be reckoned with in the sector as everyone races to offer so-called broadband services that will allow large amounts oftext, sound and images to be force-fed through the Net. Telecommunications group AT&T is making an attempt to become a Net player by hooking up with Tele-Communications, thereby acquiring a stake in AtHome, a high-speed Internet provider. While Mr Mallett saw only three companies looking into his crystal ball he cannot overlook the less obvious contenders. Its strategy has been to build up services based on its brand name only this year did Yahoo! get into the acquisition game. Since its creation in 1994 by two Stanford graduates, David Filo and Jeffrey Yang, it has become the world's leading 'portal', or mega-website. Users equipped with a PC media player can, for instance, listen to the BBC World Service in real time. But it does possess a promising technology. Like many such firms, it has yet to make any money. , based in Dallas, was established in 1995. It took many decades for the American car industry to shrink from hundreds of companies to Detroit's big three - General Motors, Ford and Chrysler - and yet the Net business is about to telescope that process into less than a decade's span.Ī case in point is Yahoo's $5.7 billion (A3.6 billion) acquisition of, a leader in the use of Internet technology for the live transmission of sound and video. If a handful of companies emerge in the next few years to dominate the Internet, it would be indicative of an industry indeed functioning at warp speed. The Internet business is expanding and consolidating at a rapid pace, and most of the leading Net firms are looking for partners and allies to stay ahead of the game as computer, television and telephone companies scramble to offer commercial services, information and entertainment in a single package. ![]()
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