“Yahoo’s decision this week to hire a new chief executive just as the company reduced its first-quarter revenue estimates seems yet another sign of the demise of Internet business. But despite the collapse in value of dot-com companies, the Internet itself is still a growing force in the business world. The gloom about its prospects has distracted us from a simple reality: The Internet isn’t a business sector, it’s a technology, and even as dot-coms shrink or vanish, the skills they have fostered are moving inside traditional companies.”

This entry was posted on Sunday, March 11th, 2001 at 12:00 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.