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  IM giants told to work it out
Time: 10:21 EST/15:21 GMT | News Source: CNET | Posted By: Robert Stein

As Wall Street begins to embrace instant messaging, some financial giants are putting a squeeze on the technology's famously fractious service providers. Two weeks ago, six top financial institutions met secretly with AOL Time Warner, Microsoft, IBM and other leading corporate instant messaging providers and urged them to build communications networks that interoperate. The meeting, which took place at Merrill Lynch's New York offices, was among the first convened by the Instant Messaging Standards Board (IMSB), a newly created consortium led by financial services firms Lehman Brothers, J.P. Morgan Chase, Merrill Lynch, Morgan Stanley Dean Witter, UBS and Deutsche Bank.

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#1 By 7797 (63.76.44.252) at 9/13/2002 11:55:28 AM
steven1832: Oh yeah? How do you suppose standards like TCP/IP, HTML etc etc. were created without MS's leadership position?

#2 By 1124 (165.170.128.68) at 9/13/2002 12:27:19 PM
#4 Gumby - VHS won because it could hold more video.

#3 By 2459 (24.233.39.98) at 9/13/2002 4:46:48 PM
Because what are they supposed to do when AOL starts blocking Trillian again, and the corporations can't send an important message?

They need something more reliable and redundant. It needs to just work, like email.

#4 By 61 (65.32.170.1) at 9/14/2002 10:46:49 PM
Tripwire:

Well, first of all, Trillian flat out sucks..... second, it's not a standard, it's just, basically, all the clients combined into one product.

Second, Microsoft is actually one of the biggest supporters of an open IM standard.

#5 By 135 (208.50.201.48) at 9/15/2002 11:11:43 AM
There are a lot of myths in this world...

Beta was not better than VHS.
Tucker built an incredibly crappy car.
Dvorak was not faster than Qwerty.

It's kind of funny how these things survive.

#6 By 1845 (12.254.162.111) at 9/15/2002 3:33:43 PM
beta not better than vhs? every video editor i've talked to would disagree with you on that. tucker was way before my time. and i'm so used to qwerty, i have no opinion on that.

This post was edited by BobSmith on Sunday, September 15, 2002 at 15:34.

#7 By 1845 (12.254.162.111) at 9/15/2002 3:37:06 PM
First of all, beeyp, Jabber is a company, not a protocol. SIMPLE from Microsoft and IBM seem much better offerings than Jabbers protocol anyway.

#8 By 135 (208.50.201.48) at 9/15/2002 5:29:37 PM
BobSmith - Who cares about video editors? Do video editors buy VCRs for their homes? Sure, how big is that market? Less than 1%. Now go out and talk to the real consumers like Ma and Pa Kettle and ask them which was better. They'll explain to your video editor "experts" that VHS allowed them to record twice as much content as Beta. 2 hours versus 1 hour. Even more when you start using those extended play modes.

This all boils back to my long standing point, it all depends on how you define the word "best."

#9 By 1845 (12.254.162.111) at 9/15/2002 5:37:15 PM
Ah. I meant "best" as better video quality. I know nothing about tape length, play modes, or anything else. I grew up on VHS. The better quality, among other things, is in my opinion why people choose DVD today over VHS.

#10 By 1845 (12.254.162.111) at 9/15/2002 7:36:56 PM
lol. He has at least half a point, halcyon. Any company that controlls a majority of the market also sets a defacto standard.

#11 By 135 (208.50.201.48) at 9/15/2002 8:05:15 PM
BobSmith - Naw, DVDs are popular because you don't have to rewind them. :)

#12 By 1845 (12.254.162.111) at 9/15/2002 8:37:36 PM
lol, you show me the VHS tape that supports DTS and I might agree. But that don't have to rewind thing is a really great feature.

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