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There has been a lot of talk this week about the Dow Jones stock index dipping below 8000 for the first time since 2003.
Now let’s put this into perspective:
By the way, we are NOT saying that you should buy stocks. But IF you do buy some stocks on the cheap, please come back in 25 years and let us know if you made a profit. 
Have you ever wondered how much money Google, Microsoft, Apple, IBM, Yahoo, Amazon and other tech giants have in the bank? What kind of assets do they have, how much spending money do they have? The vague answer is, “a lot.” But if you want to find out exactly how much, read on.
Microsoft and open source, those are two things that traditionally don’t mix. Quite the opposite; the more hardcore members of the open source community tend to view Microsoft as just one step below Satan.
But while much of the open source community has little love for Microsoft, Microsoft is actually trying desperately to send some love back. The Redmond giant may have its own business reasons for doing so, of course, but that doesn’t change the fact that Microsoft is contributing to open source in more ways than most people are aware of.
What do Android, Visio, Flash, Hotmail, Google Analytics and Powerpoint all have in common? Can you guess?
The answer is: None of them were created by the companies who now own them. They were acquisitions.
These products have continued to develop at their new homes, but the seed of innovation that sparked an actual, new product came from the outside. The key word here is innovation.
We all know Google is huge and their wide range of services are bound to have a fair share of competitors, but you may be surprised just how wide-ranging Google considers its competition to be.
Here below we have included a quote from Google’s latest SEC filing with some very interesting information about what Google has to say about its competition.
Big sites and services like Yahoo, Facebook, Twitter and many others rely heavily on open source software to run their operations. Happily, this isn’t a one-way street. They are also giving back to the open source community, not just by contributing to existing projects, but sometimes by open sourcing their own internal projects, giving back something completely new.
And what these popular sites can contribute is often quite valuable. Since they tend to be very large, they run big operations and have been forced to create solutions for scalability and performance problems that most other sites simply don’t have to deal with.
Johnston
November 22nd, 2008 at 12:31 pm
When are you guys going to update Mr Uptime?????
ID
November 30th, 2008 at 8:48 am
My guess is that the Dow will bottom out at 5000 during the summer of 2009.