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CNN Live At Daybreak
Microsoft, Intel Join Forces to Make Media Hub
Aired January 05, 2004 - 06:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time now, though, for a little 'Business Buzz.' Microsoft and Intel want to move into your living room.
Carrie Lee is back. She joins us live from the Nasdaq market site.
Welcome back. We missed you.
CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Thank you so much, Carol.
Well Microsoft, Intel trying to work together to make the PC the throne of the average American household, sort of. "The Wall Street Journal" reporting on this today, saying the two giants are going to discuss plans like this at this week's consumer electronics show in Las Vegas. And the idea here is to discuss a series of products that they say will make it easier to use your PC to organize movies, music and television shows. Basically shuttling that media around the home.
Also, Microsoft software, Intel microchips directly into televisions. That's been the company's decade's long quest. So they are going to try to move forward in this vein. Obviously, DVD companies, companies that make products like that are seeing this as a threat. But Microsoft, Intel really wanting to make the personal computer the entertainment centerpiece of the home.
Carol, I hope that it would all come with one simple remote control. That's a key part of it for me. But that's what the direction looks like it's going to as far as Microsoft and Intel are concerned.
COSTELLO: You're not kidding. Of course I thought the computer was the central entertainment location in the home, in many homes, at least.
Quick look at the futures.
LEE: Yes, things do look quite bullish this morning. We do have a couple of economic reports to keep an eye on. Construction spending for November, a lot of the big automobile companies reporting their sales for the recent months. All in all, though, looking bullish and coming off of a pretty bullish week. The Nasdaq leading the way higher, up about 1.7 percent. You can see the S&P 500 up over one and the Dow up eight tenths of 1 percent on the week. Looks like we could see some green arrows continuing today.
Carol, back to you.
COSTELLO: Good news.
Carrie Lee, many thanks, we'll get back to you.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Aired January 5, 2004 - 06:17 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
CAROL COSTELLO, CNN ANCHOR: Time now, though, for a little 'Business Buzz.' Microsoft and Intel want to move into your living room.
Carrie Lee is back. She joins us live from the Nasdaq market site.
Welcome back. We missed you.
CARRIE LEE, CNN FINANCIAL NEWS CORRESPONDENT: Thank you so much, Carol.
Well Microsoft, Intel trying to work together to make the PC the throne of the average American household, sort of. "The Wall Street Journal" reporting on this today, saying the two giants are going to discuss plans like this at this week's consumer electronics show in Las Vegas. And the idea here is to discuss a series of products that they say will make it easier to use your PC to organize movies, music and television shows. Basically shuttling that media around the home.
Also, Microsoft software, Intel microchips directly into televisions. That's been the company's decade's long quest. So they are going to try to move forward in this vein. Obviously, DVD companies, companies that make products like that are seeing this as a threat. But Microsoft, Intel really wanting to make the personal computer the entertainment centerpiece of the home.
Carol, I hope that it would all come with one simple remote control. That's a key part of it for me. But that's what the direction looks like it's going to as far as Microsoft and Intel are concerned.
COSTELLO: You're not kidding. Of course I thought the computer was the central entertainment location in the home, in many homes, at least.
Quick look at the futures.
LEE: Yes, things do look quite bullish this morning. We do have a couple of economic reports to keep an eye on. Construction spending for November, a lot of the big automobile companies reporting their sales for the recent months. All in all, though, looking bullish and coming off of a pretty bullish week. The Nasdaq leading the way higher, up about 1.7 percent. You can see the S&P 500 up over one and the Dow up eight tenths of 1 percent on the week. Looks like we could see some green arrows continuing today.
Carol, back to you.
COSTELLO: Good news.
Carrie Lee, many thanks, we'll get back to you.
TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
