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It’s become somewhat of a tradition for the tech sector to stop for an hour every year and listen to what former Morgan Stanley analyst and current Kleiner Perkins (KPCB) investor Mary Meeker sees as the important Internet trends of the moment.
Meeker, who delivered her annual internet report at the Code Conference in Rancho Palos Verdes, California, on Wednesday (a day before reports emerged that the US economy shrank last quarter), painted a fairly rosy picture of the current health and future prospects of the technology sector, both nationally and globally. This despite lots of chatter in recent months from the peanut gallery (including Fox Business) that we're experiencing a technology bubble.
In her presentation, which included 164 densely packed slides, Meeker acknowledged that some tech company valuations are indeed high, and that Internet growth slowed to less than 10 percent last year (down from near 20 percent in 2007, and nearly 40 percent growth in 2002). Nevertheless, the signs of a bubble that were present in the late 90s, like frequent initial public offerings and unreasonably inflated stock valuations in the technology sector, are not present today, she said.
As part of its continued quest to be more open and accessible, Microsoft has confirmed some of what it's working on for the next version of Internet Explorer.
Among the features in development are the Media Capture API, that lets Web content manipulate audio and video streams from microphones and webcams, the HTTP/2 protocol, currently being developed by IETF, and Web Audio, an API that lets JavaScript process and synthesize audio. The company also plans to implement a JavaScript feature called Promises that should streamline development of asynchronous scripts.
These features and others are listed on the newly updated status.modern.ie site, on which Microsoft lists a whole bunch of up-and-coming Web standards and its attitude towards them. Many have already been implemented; a handful, such as WebP image support and the WebRTC communications API, are "not currently planned." Still more are vaguely "under consideration."
A great source.
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The Internet Era from Netscape to the iPad (feed://feeds.feedburner.com/InternetHistoryPodcast)
A great source.
***
The Internet Era from Netscape to the iPad (feed://feeds.feedburner.com/InternetHistoryPodcast)