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There are often odd terms thrown about in the web hosting and web development worlds that just don’t make any sense the the common man on the street.� Phil drops me in an e-mail asking…
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Richard Pryor Charles Wu Same Person
Thu, 15 May 2008 10:19:00 -0500
In Superman III Richard Pryor is a computer programmer; he wonders where all those ½ cents at the end of payroll checks go. He puts them to good use...his paycheck.
Charles WU - head honcho at CW Labs made one of those ISPCON luncheon presentations that was actually interesting. In the middle of it I thought...this guy looked at something boring...and saw billions. All of a sudden it became very interesting.
Unbeknownst to us he noted the slow death of dial-up. But sees dollars in that slow bandwidth...forget 56k...he likes 28k. Forget something in the future that may not work like 500 HDTV channels over the Internet, R&D is always a *itch...lets make some money.
During the presentation Charles used the word trillion...his graphics showed a bunch of lines connecting each other, sort of like a half circle, with arrows going back and forth. His R&D staff has invented some stuff, they want to put the ISP in this graphic. Somewhere near the top left, second dot down. He called it the money spot.
Charles WU wants to put the ISP in the credit card processing system. He wants you to be part of that trillion dollar economy, the part that takes a ½% here and ½% there. Swipe that card and a bunch of people takes a slice of that swipe…someone has to do it.
Talk to WU if you want to understand the technical part, not my area. However there is hardware, software, intellectual property, licensing and other stuff involved.
In the evening Wu kindly gave away food and drinks as we gambled at a charity event. Everyone was happy.
More about Tom:
Layered Tech Adds Hosting Packages
Mon, 12 May 2008 00:00:00 +0000
On-demand infrastructure hosting provider Layered Technologies reported on Monday that it has added a range of new offerings to its selection of dedicated server hosting plans.
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