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In praising Mohn's vision, Gapper wrote: "It is very difficult for the current crop of moguls and executives, grounded in old assumptions about consumer behaviour, to respond adequately to the challenges of the internet.
Like Viacom, their results were driven by the performance of their cable networks — HBO and Turner in Time Warner's case, and Fox News and FX for News Corporation — which have withstood the business challenges of the Internet far better than any other aspect of the media business.
Although Mr. Gates will spend one day a week at the company, it will be up to his successors, led by Steven A. Ballmer, the chief executive, to master the challenges of the Internet or watch Microsoft's wealth and stature in the industry steadily erode.
"The insurance companies are not meeting Internet consumers' expectations," said Charles Brinkley, a financial services specialist at PricewaterhouseCoopers. Indeed, while nearly all insurers have Web sites, many have been paralyzed by the challenges of the Internet, skeptical that it will ever catch on and worried that it can undercut and anger their agents.
Most E.U. and national law that describes how personal data is handled was developed in the 1970s and a comprehensive overhaul is needed to meet the challenges of the Internet age, said Dirk Lewandowski, a professor of information sciences at the University of Applied Sciences in Hamburg.
Photo credit: Annie Spiegelman Trouble brewing... Any tips for parents of teens and the challenges of the internet, gaming and social media?
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Susan Crawford's new book, Captive Audience, details a host of challenges for the Internet and its users as this network enters middle age.
Does the Postal Service have to modernize to meet the challenge of the Internet?
None of them has found a plausible answer to the challenge of the internet.
While small shops struggled initially with the challenge of the Internet, many of them now sell wine online.
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