The only real test that this company has faced in recent memory is due to the emergence of the Internet, and Microsoft is once again trying to eliminate this threat unfairly.
The company has not been threatened by the emergence of the Internet. 
mnli hypothesis: The company has not been threatened by the emergence of the Internet.  premise: The only real test that this company has faced in recent memory is due to the emergence of the Internet, and Microsoft is once again trying to eliminate this threat unfairly.