Google to Sell PCs with Own Operating System?
Just five years ago, Microsoft Corp. was considered the Big Bad Wolf of the media business.
Armed with a stockpile of cash and the Windows operating system that dominates office computing, Bill Gates’ company was expected to huff and puff its way into America’s living rooms as well, with video game consoles, home networking systems and TV set-top boxes.
But today, there’s a different wolf at the door. Although Microsoft is still flush with $40 billion in cash, it is Google Inc. that the media industry fears most. So intense is Google-fueled paranoia, in fact, that industry watchers believe the Internet search giant could drive profound changes in the media, entertainment and technology landscape in 2006.
Already, old media are investing heavily in new-media ventures. Newspapers like this one are defending their bread-and-butter income — classified advertising — by stepping up their Web offerings. Media conglomerates such as News Corp. are buying Web properties like MySpace.com that connect them to young audiences, who are forsaking television and radio in favor of the Internet.
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