Gates warns of Net's 'sea change'

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The technology industry shift's to Internet-based software and services represents a massive and disruptive 'sea change,' Microsoft Chairman Bill Gates wrote to top-level executives in a memo aimed at rallying his troops against the new competitive threats the company faces.

In an e-mail to top executives, dated Oct. 30 and obtained late Tuesday by The Associated Press, Gates urged company leaders to 'act quickly and decisively' to move further into the field of offering such services, in order to best formidable competitors. But he also warned that the company must be thoughtful in building the right technology to serve the right audience.

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