ASP.NET versus JAVA

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In this world of technological advancements happening every minute...Have you ever wondered why all this is happening...or how this works...The behind the scenes of a software enterprise... or the WEB... 2 technologies fighting back and forth .NET and JAVA. What is so special about both...What makes them different from each other...Why does not one get outdated..If so then...what will the future software industry have in hand for us...Will there be a monopoly of Software systems..Will microsoft rule the software world or will a new technology emerge?