Emerging Trends in Technology and Business
As the technology industry continues to evolve, companies like Sun Microsystems are innovating at the forefront. A new microprocessor design from Sun hopes to become a standard for computing in the post-PC era, while other companies are navigating challenges and successes in their industries. Meanwhile, the limits of online shopping are being explored, and business strategies are shifting to stay competitive.
Key Takeaways:
- Sun Microsystems has designed a new microprocessor for computing in the post-PC era, to be introduced at a technical conference later this month.
- Russia and 18 governments have agreed to delay payment for $8.1 billion of Soviet-era debt due this year and next.
- Danka Business Systems is on the road to recovery, with top executives expecting a decline in revenue, high debt, and minimal profits in their first-quarter results.
- A study by Greenfield Online has found that the percentage of people with Internet access making purchases from websites declined slightly in the second quarter of 1999 after four sequential quarters of growth.
- America Online is fending off Microsoft over access to its instant-message system, highlighting the ongoing battle for customer loyalty in the tech industry.
- Journalists are praising Atlanta Mayor Bill Campbell for his handling of the recent shooting rampage coverage, crediting him with preventing rumors from spreading.
- The economy is performing well, with the Dow industrials down 255.81 points at 10,655.15 and the 30-year Treasury yield up 0.08% at 6.10%.
Statistics:
- $8.1 billion: The amount of Soviet-era debt that Russia and 18 governments have agreed to delay payment for, over 15 to 20 years.
- 255.81: The points by which the Dow industrials fell, to 10,655.15.
- 30-yr. Treasury yield: The 30-year Treasury yield standing at 6.10%, up 0.08%.
- June: The month in which construction spending figures are due to be released, expected to show a +0.2% increase.
Sources:
- [Page C11, Sun Microsystems]
- [C2, Payment Delayed for Russian Debt]
- [C4, Danka on the Road to Recovery]
- [C2, Study Hints at Limit of Web Shopping]
- [C10, Sifting Through News on the Web]
- [C4, America Online Fends Off Microsoft]
- [C10, Journalists Praise Atlanta Mayor]
- [C14, Closed-End Fund Table]