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Vxtreme Inc

January 8, 1997 | Times Staff and Wire Reports
Cisco Systems Inc., Informix Software Inc. and Japan's Softbank Corp. paid about $10 million for a minority equity stake in VXtreme Inc. of Palo Alto. Closely held VXtreme makes software that lets computer users see videos directly from the Internet, rather than having to copy the videos to their computers. Companies can use VXtreme's video software for videoconferencing and for broadcasting events.
August 6, 1997 | (Bloomberg News)
MCI Communications Corp. and Seattle-based start-up Progressive Networks Inc. unveiled a service that for the first time lets companies broadcast live audio and video to large audiences over the Internet. The service, called RealNetwork, uses Progressive's technology to send real-time sound and film over MCI's portion of the global computer network. It will be sold to broadcasters and other companies looking to show events to audiences using PCs.
August 12, 1997 | (Bloomberg News)
Oracle Corp. said it is proposing a specification for broadcasting video over the Internet, a move to enter a market where Microsoft Corp. has made significant investments. The database software maker said the specification will help convert video and sound into a compressed digital form for delivery on personal computers.
August 20, 1997 | From Associated Press
Broadening its scrutiny of Microsoft Corp., the Justice Department said Tuesday that it is reviewing the software giant's proposed $150-million investment in Apple Computer Inc. and its stake in three smaller companies. The government wants to find out if some of Microsoft's latest deals may be stifling competition in the high-tech business, violating an earlier agreement.
August 8, 1997 | RICHARD KAIN, Richard Kain specializes in technology with a Los Angeles public relations firm. E-mail:
I thought I could hear my roommate's heart break when I read that Microsoft would be investing in Apple Computer. But at least he saw it on his Netscape browser. A Macintosh loyalist in spirit who has a substantial investment not only in the machinery of the system but also in applications, his computing experience for nearly a decade has been on Apple platforms. But he and the 7% non-Microsoft remnant he represents don't matter much anymore on the operating system front.
September 13, 1997 | JUBE SHIVER Jr., TIMES STAFF WRITER
Stymied in their bid to persuade the Justice Department to take stronger antitrust action against Microsoft Corp., consumer groups are pressing the federal government to buy more software from Microsoft's rivals. Consumer advocate Ralph Nader raised the issue of how the federal government decides which software it purchases with the $1 billion it spends annually when he met with Douglas Melamed, principal deputy assistant attorney general at the Justice Department.
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