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June 16, 1998 2:25 PM PDT

Cable's long road ahead

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Where do you want to go today? In its latest gamble, Microsoft spent $212.5 million for an investment in cable Net access provider Road Runner, and the software giant also is in talks with Telstra about a cable joint venture. But the nascent cable modem business faces competition from DSL and other high-speed Net access technologies.

Telstra, Microsoft in cable talks
The Australian company says it is in talks with the software giant about a joint venture using the telco's cable network.

Microsoft's cable gambit
news analysis Having a cool $10 billion on hand, as the software giant does, makes it a lot easier to decide "where you want to go today."

Microsoft buys into Road Runner
update Microsoft and Compaq will invest a combined $425 million in high-speed Internet access via cable service Road Runner.

Cable firms ride PC-TV wave
news analysis A small black box continues to redefine the mission of the cable television industry.

FCC: Cable boxes must be sold
update The FCC votes to mandate the sale of cable set-top boxes at retail stores, a decision that has broad implications for consumer electronics and PC companies alike.

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