Europe Inc. Starts To Get Wired

With U.S. rivals outdistancing them, more companies join the Information Revolution

It was a painful moment for European executives and politicians. At a recent gathering of the world's corporate elite in Davos, Switzerland, Intel Corp. boss Andrew S. Grove and Microsoft Corp. chief William H. Gates III blasted Europe for failing to embrace new information technologies. A growing gap between U.S. and European companies on the use of high-tech tools from E-mail to intranets, they warned, is threatening the already struggling European economy.

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