11/11/09

6. What was the importance of Netscape going public on 8-9-95?Netscape browser-first commercial browser-opened internet up to everyone (common people) and triggered the .com boom. Public could communicate and be connected through the internet. Spent a lot of money to lay fiber optic lines. Companies invested a lot of money into the new companies.7. What is outsourcing/offshoring and why are many Americans opposed to it?New form of collaboration.Outsourcing- part of the company are based in different countriesOffshore- moving your whole business to a different placeLess jobs for Americans when the companies move8. Give two examples of “open-sourcing”.Free sources that anyone can get. Trying to offer people these free sources that can replace the sources that are not free is open-sourcingWikipedia Firefox9. What does Friedman mean by “informing”?Search engines- informing yourself. You can get all the information you need all by yourself10. What are the “steroids” according to Friedman?Wireless, voice over the internet, and file sharing
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