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News
Date: Thursday 30th December 1999
Today's Top Business Headlines: Y2K
News |
- NZ
Urges Care in Diagnosing Any New Year Glitches
Time: 07:58
EDT/12:58 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
The world will be watching New Zealand carefully
for Y2K breakdowns on January 1 and any misdiagnosed chaos scenario
could damage the country's economy, the New Zealand Y2K Readiness
Commission said on Thursday.
New Zealand will be the first industrialized
nation to roll into the new millennium, on local time, and could
serve as an early warning center on whether computers may mistake
2000 for 1900, and crash or misbehave.
``Perceptions of New Zealand management of the Y2K
risk will create attitudes, and could in fact create attitudes in
the finance markets which could be detrimental to New Zealand,''
Commission chairman Basil Logan said.
- New
cyber-assault methods pop up
Time: 07:50
EDT/12:50 GMT News Source: MSNBC
Posted By: Matthew
Sabean
As the pre-Y2K hype enters its final phase,
computer watchdogs have identified two new techniques for bringing
Internet sites down: One of the denial-of-service attacks is
nicknamed TFN2K, the other is called the “Mac Flood Attack.”
Neither of them is directly related to the Year 2000 computer bug
itself, but the failures they cause could be misinterpreted as New
Year’s glitches.
The two attack strategies were reported Tuesday in
an advisory from the CERT Coordination Center, headquartered at
Carnegie Mellon University’s Software Engineering Institute. A
spokesman for the institute, Bill Pollak, acknowledged that there
wasn’t any “explicit connection” to the potential Y2K problem,
which could arise if computer chips fumble the rollover from 1999 to
2000.
However, he added, “use of the tools described
in the advisory may cause significant service outages that may be
mistaken as Y2K failures.”
- Y2K
bug behind credit card debacle
Time: 07:42
EDT/12:42 GMT News Source: MSNBC
Posted By: Matthew
Sabean
A Y2K-triggered failure in credit card swipe
machines caused frustrating delays for thousands of retailers and
customers trying to ring up purchases across Britain on Wednesday.
The machines, manufactured by Racal Electronics and supplied by
HSBC, one of Britain’s largest four banks, improperly rejected
credit cards because of a failure to recognize the year 2000, a bank
spokeswoman said.
Merchants who tried to swipe Mastercard and Visa
cards through some 20,000 machines beginning on Tuesday found they
were improperly rejected, said HSBC spokeswoman Nicolette Dawson.
Lines grew as retailers were forced to telephone for further
authorization.
The failure, characterized as minor by Dawson,
comes just days before the New Year, when most Y2K glitches are
expected to begun to be felt. Experts say the seriousness of
disruptions will depend on the quality of Y2K remediation.
- Web
sites wary of New Year's mischief
Time: 07:35
EDT/12:35 GMT News Source: USA
Today Posted By: Matthew
Sabean
Web site operators and people who run computer
systems will be watching for more than the Y2K bug on New Year's
Eve: They will be on guard for viruses and other mischief spread by
hackers looking for some start-of-the-millennium attention.
The threat has prompted several Web site operators
to shut down beginning on Friday. For some companies, security
breaches could cause greater problems than year 2000 glitches.
- Officials
make final Y2K preparations
Time: 07:30
EDT/12:30 GMT News Source: USA
Today Posted By: Matthew
Sabean
Federal officials said Wednesday they are prepared
to respond quickly and can draw on resources from as many as 26
federal agencies and the Red Cross if any Y2K emergencies arise this
weekend.
The Federal Emergency Management Agency has
established 10 regional centers around the country to monitor any
potential difficulties in the United States or U.S. territories.
Beginning Thursday, FEMA will have its emergency support team in
full gear 24 hours a day through Jan. 2. Roughly 800 personnel will
be working through the weekend.
''FEMA is confident that nothing serious will
happen, but we are prepared to respond just like we would for any
other natural disaster or any other emergency situation,'' said
Robert Adamcik, associate director for FEMA response and recovery.
- Western
U.S. Power Plants to Cut Output on Dec 31
Time: 07:26
EDT/12:26 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
Major power plants across the western United
States will operate at reduced rates on New Year's Eve in a move
that will allow electric companies to increase power output in case
of any Y2K problems.
The reason for the limit, which takes effect
around 9 p.m. PST on Friday, is to allow more power plants to
operate, thereby reducing the impact should a unit trip off line
during the transition.
``We're limiting the amount of generation out of
some of the larger base load plants,'' said Bill Comish, Y2K
coordinator for the Western Systems Coordinating Council (WSCC), a
regional electric reliability council for 14 U.S. states, two
Canadian provinces and a small part of Mexico.
- Pentagon
Pay Agency to Shut Web Site for Y2K
Time: 07:24
EDT/12:24 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
The Defense Department agency that pays military
personnel and contractors temporarily will shut its Internet site to
protect against computer hackers during the changeover to the year
2000, a spokeswoman said on Wednesday.
The Defense Finance and Accounting Service (DFAS),
which disburses $24 billion a month, will take its Web site offline
from 6 p.m. Thursday to 6 a.m. on New Year's Day. A notice of the
shutdown was posted at the agency's site (www.dfas.mil).
``We're taking the site down, basically to protect
ourselves from hackers,'' said agency spokeswoman Lisa Anderson.
News
Date: Monday 27th December 1999
Today's Top Business Headlines: Internet
News |
- Fox
pounces on TV fan Web sites
Time: 16:32
EDT/21:32 GMT News Source: News.com
Posted By: Matthew
Sabean
On the popular TV show "The X-Files,"
FBI special agents Dana Scully and Fox Mulder crack the bizarre and
paranormal cases other agents can't handle.
On the Internet, it's the show's fans who are up
against powerful forces, trying to get through to 20th Century Fox
executives who want to clamp down on Web sites devoted to TV
characters.
The Web serves as a venue through which
enthusiastic fans can share their passion for a particular TV show.
But the way Fox network executives see it, some sites go too far and
may infringe on copyrighted work.
In a statement, Fox said it
"appreciates" fan sites but "requests that sites
using Fox's copyrighted and trademarked materials comply with
guidelines that protect the creative integrity of the series."
- Net
founders seek clearer Net policy
Time: 16:29
EDT/21:29 GMT News Source: News.com
Posted By: Matthew
Sabean
Is television part of the Internet, if you can
watch programs online? And what about new Web-based mobile phones?
Policymakers proposing Internet regulation must
settle on a solid definition for today's Internet or face increased
confusion as the technology matures, a high-profile Internet
think tank warned today.
The advice came in a paper drafted by MCI WorldCom
vice president Vinton Cerf and Corporation for National Research
Initiatives president Robert Kahn, who jointly helped create the
technology that allows computers connected to the Internet to
communicate.
"Governments are passing legislation
pertaining to the Internet without ever specifying to what the law
applies and to what it does not apply," the pair wrote.
"This area is badly in need of clarification."
- Experts,
officials confident Y2K will arrive smoothly
Time: 16:25
EDT/21:25 GMT News Source: News.com
Posted By: Matthew
Sabean
A number of government officials and industry
experts join the growing chorus of dignitaries who say the
transition to the new year will be a smooth one.
Government officials took to the weekend talk show
circuit yesterday to explain away any doubts over whether the nation
is ready to tackle potential problems caused by the so-called Year
2000 bug.
Repeating his familiar message from the last four
months, John Koskinen, the White House's top gun on Y2K, said the
date change should cause very few technology problems. Americans
should make no more preparations for New Year's this year than they
would for any long winter weekend, he added.
News
Date: Wednesday 22nd December
1999
Today's Top Business Headlines: Internet
News |
- Network
Solutions may divide businesses
Time: 12:05
EDT/17:05 GMT News Source: News.com
Posted By: Matthew
Sabean
Network Solutions, which runs the database that
manages Internet addresses, said it's considering separating its
registry and registrar businesses to be eligible to continue to
operate the database for the federal government for another four
years.
NSI collects fees from other companies that
register Internet names. The company had been the sole register of
addresses ending in ".com," ".net" and
".org," until the Clinton administration decided to
introduce competition last year. It agreed earlier this year to
extend the contract until 2003.
The company plans to hire financial advisers on
how to split the businesses. NSI has controlled the registering of
domains since 1993. Under agreements reached
in November, the company was given 18 months to separate the
businesses for the terms of the contract to be extended until
November 2007.
- AOL
to acquire MapQuest in $1.1 billion deal Year: All Net Access Free?
Time: 12:00
EDT/17:00 GMT News Source: News.com
Posted By: Matthew
Sabean
America Online today said it will acquire online
map and navigation provider MapQuest.com in a stock deal worth $1.1
billion.
The online giant said adding New York-based
MapQuest to its local content network Digital City and movie listing
guide and ticketing service MovieFone offers new advertising and
business opportunities built around mapping and directions for areas
of entertainment, dining and shopping online.
The acquisition provides AOL members, including
members of CompuServe and visitors to Netcenter and ICQ, with maps,
directions and new ways to customize their experience, Dulles,
Va.-based AOL said.
The acquisition also pushes the company's
"AOL Anywhere" strategy by providing maps and directions
on multiple devices, such as smart phones, PalmPilots and other
non-PC devices. The company has been aggressively building on its
strategy partly by forming alliances with satellite companies,
mobile telecommunications firms and makers of portable devices. The
company also has made significant investments in satellite
television firms to try to remain on top of the consumer Net access
market.
- Next
Year: All Net Access Free?
Time: 04:45
EDT/09:45 GMT News Source: PC
World Posted By: Matthew
Sabean
This time next year, Internet service will be free
of charge to consumers, according to one scenario developed by the
market research firm Datamonitor.
"I admit the idea sounds a little bit out
there," says Rob Shavell, a Datamonitor analyst. "But the
money will be made up in advertising and in e-commerce
offerings."
Free Internet access is growing in popularity,
with 3.5 million people signed up to firms such as Netzero and Juno
Online Services since 1998, says Shavell, the author of a report
entitled "The Future of the Internet, 2nd Ed."
Low technology costs for Internet service
providers, improvements in online advertising technology, and a
flood of new Internet users will combine to encourage free Internet
service, he says.
- Social
Security Secure for Y2K
Time: 04:35
EDT/09:35 GMT News Source: Wired
Posted By: Matthew
Sabean
Federal officials say the Social Security system
is Y2K-OK, and they're probably right.
The most recent figures show that all of the
agency's 2203 computer systems are Y2K compliant, and many have been
for years.
"We want the public to understand we are
prepared for the year 2000," Commissioner Kenneth Apfel told
reporters at a White House press center.
He said that all 1,300 Social Security field
offices will be prepared for possible glitches on New Year's and --
if necessary -- can handwrite checks for US$999 to people in
"dire circumstances."
- AllAdvantage.com
servers will be down over New Years
Time: 04:28
EDT/09:28 GMT News Source: E-Mail Posted By: Matthew
Sabean
AllAdvantage.com, the pay as you surf company has
decieded to play it safe over the New Year and has issued the
following statement to its viewers:
OK, so the Year 2000 isn’t even the real
Millennium. But it really IS Y2K Time. That means we can finally
stop guessing about what Y2K is going to do to the world’s
computers – and get on with our lives.
But as a prudent measure, we’re going to
disconnect our servers from the Internet on Thursday, December 30,
at midnight PST and reconnect to the Internet at noon PST on
Saturday, January 1, 2000
We evaluated the risks and rewards of turning off
the Viewbar™ and have elected to take a better-safe-than-sorry
approach to the date changeover. Consequently, the end-of-month
accounting that determines your paid time will take place as of
midnight, Thursday, December 30. So if you haven’t surfed your
full 25 hours yet, try to get them in before Thursday at midnight.
News
Date: Tuesday 21st December 1999
Today's Top Business Headlines: Internet
News |
- Palm
devices with color screen coming soon
Time: 16:43
EDT/21:43 GMT News Source: News.com
Posted By: Matthew
Sabean
Palm Computing will release its first device with
a color display early next year, sources close to the company
confirm, but in doing so, the handheld maker may actually be opening
up a new can of worms.
Palm Computing will release the new handheld,
dubbed the Palm IIIc, in February, sources said, marking a major
milestone for the company and the latest salvo in its ongoing battle
with Microsoft for the minds and wallets of gadget lovers. Arguably
the most anticipated product release from Palm, the introduction of
the IIIc will also coincide with its initial
public offering, also expected in February.
Palm declined to comment, citing a policy of not
discussing unannounced products.
The move could present challenges for Palm. The
color-display release presents a new set of thorny issues for the
company, which has so far predicated its marketing and development
strategy on a so-called Zen of Palm principle, which mandates
keeping devices as simple as possible, even at the expense of cooler
features. By their very nature, color displays are exceedingly
complex to implement, which raises questions about whether Palm is
unwisely veering from its tried-and-true strategy.
- FDA
issues safety tips on Net pharmacies
Time: 05:08
EDT/10:08 GMT News Source: News.com
Posted By: Matthew
Sabean
With new Internet drugstores appearing every day,
the U.S. government today outlined steps for consumers to avoid
trouble when purchasing prescription drugs or medical devices
online.
The Food and Drug Administration unveiled an
online guide with tips for
safe shopping among the hundreds of Internet-based pharmacies,
complete with an email form for consumers to alert the agency of
suspect Web sites.
While some online pharmacies offer legitimate
products and convenience, officials warned it was easy for operators
to sell pharmaceuticals without a valid prescription, promote
unapproved drugs or peddle counterfeit medicines.
"We know that more and more consumers are
going online to purchase prescription drugs and other products, and
we want to tell people to just be careful," said Tom McGinnis,
director of pharmacy affairs in the FDA's office of policy.
- Be,
Compaq in software licensing agreement
Time: 05:05
EDT/10:05 GMT News Source: News.com
Posted By: Matthew
Sabean
Be Inc., the operating system developer that's
been looking for ways to move into the mainstream of computing,
landed a licensing agreement with Compaq Computer that could lead to
Compaq-Be Internet appliances.
The announcement marks one of the first deals to
result from Be's revised
strategy to target the emerging market for information
appliances. Earlier this year, Be said it was working with National
Semiconductor to port its software to a variety of appliance
prototypes, including National's Web tablet.
One potential area of cooperation with Compaq is
in Internet terminals, stripped-down PCs designed for Web surfing
and e-mail delivery. At the Comdex trade show earlier this year,
Compaq unveiled such a device, code-named "Clipper," which
will be sold by telecommunications carriers to the public as a
simplified way to get onto the Net. Microsoft has already announced
plans for taking a Windows CE-enabled version of Clipper and
selling it as the MSN Web Companion.
Sources at Compaq, however, have said that other
communications carriers are looking at the device and considering
different operating systems.
- More
details emerge on IBM's wearable PC
Time: 05:00
EDT/10:00 GMT News Source: News.com
Posted By: Matthew
Sabean
Small is in at IBM, which is currently testing a
wearable PC based on the ultra portable ThinkPad 560. IBM has been
working on various wearable prototypes for about the last four to 12
months, but does not expect marketable products before late next
year.
The as-yet unnamed wearable PC is an important
proof-of-concept, as IBM looks to breathe new life into its Personal
Systems Group, which it recently reorganized.
The division lost nearly $1 billion last year.
As previously reported,
the wearable PC is part of a new class of devices IBM calls EON,
which stands for "edge of the network." EON emphasizes
specialized-function devices rather than the ubiquitous
one-size-fits-all approach typical of PCs. /font>
News
Date: Monday 20th December 1999
Today's Top Business Headlines: Internet
News |
- Amazon
CEO named Time's "Person of Year"
Time: 04:04
EDT/09:04 GMT News Source: News.com
Posted By: Matthew
Sabean
Jeff Bezos, chief executive and founder of
Amazon.com, was named Time magazine's 1999 "Person of the
Year," though his groundbreaking company has yet to make
money.
"He has helped guarantee that the world of
buying and selling will never be the same," Time deputy
managing editor James Kelly wrote issues that will appear on
newsstands tomorrow. Bezos is "the driving force behind the
striking growth in Internet commerce over the past 12
months."
Bezos, 35, is the fourth-youngest person to win
the annual award, which singles out a person who, for better or
worse, most influenced events in the past year. Younger winners
were aviator Charles Lindbergh, who was 25 when named chosen in
1927; Queen Elizabeth II, who was 26 when selected in 1952; and
civil rights leader Martin Luther King Jr., who was 34 when chosen
in 1963.
Amazon.com, based in Seattle, began selling
books online in 1995 and went public in May 1997. As it continues
to be the Internet's largest retailer, the company has opened an
auction site this year.
- Top
Web sites compromise consumer privacy
Time: 04:00
EDT/09:00 GMT News Source: News.com
Daily News Posted By: Matthew
Sabean
Online holiday shopping is expected to deliver
record sales for e-tailers this year, but a new study finds it may
put consumers' privacy at risk.
"[Online] consumers are more at risk today
than they were in 1997," Marc Rotenberg, executive director
of the Electronic Privacy Information Center (EPIC), said in a
report issued today. Rotenberg cited extensive customer profiling
and intrusive marketing techniques, such as the use of
"cookies," among the factors causing higher risk.
Cookies track user browsing and shopping habits online.
"Anonymity, which remains crucial to
privacy on the Internet, is being squeezed out by the rise of
electronic commerce," he said.
Only a handful of the 100 most popular online
stores give shoppers adequate privacy, according to the
Washington-based privacy research group. The group's research
focused on whether sites use profile-based advertising and whether
they use cookies in their site operations, both controversial
practices on the Internet.
News
Date: Friday 17th December 1999
Today's Top Business Headlines: Y2K |
- U.S.
utilities ready to beat Y2K bug
Time: 06:35
EDT/11:35 GMT News Source: News.com
Posted By: Matthew
Sabean
Americans can go to bed on New Year's Eve
confident that the millennium bug won't disrupt their electric
lights and power, the Clinton Administration said today.
Energy Secretary Bill Richardson declared that
the nation's electricity utilities are 100 percent ready for
possible Y2K computer problems, and there are contingency plans in
place to keep power flowing smoothly.
Consumers who bought portable electric
generators out of fear about power shortages linked to the
millennium bug should consider returning them to the stores, he
said.
"My advice to the American people is, you
don't need to buy power generators. If you can get a good deal on
a return, do it," Richardson said.
- Russia,
Britain sure nukes are Y2K-ready
Time: 06:33
EDT/11:33 GMT News Source: News.com
Posted By: Matthew
Sabean
The Russian and British defense ministries are
confident there is no risk of any accident involving their
military nuclear weapons systems as a result of the millennium
bug, Britain said today.
"Detailed exchanges of information on
computer systems associated with nuclear weapons took place at
meetings in Moscow and in London last week," Britain's
defense ministry said in a statement.
"Both sides agree that there is no risk of
an accidental missile launch as a result of the year 2000 date
change or any other computer failure," it said.
The two ministries, which were due to keep up
contacts over the millennium period, also exchanged assurances on
their conventional forces.
- Programs
for Poor Not Y2K Ready
Time: 06:30
EDT/11:30 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
With barely two weeks until the new year, a
handful of states are still scrambling to fix Y2K computer
problems for programs that serve millions of poor Americans.
And many others have fixed their computers only
very recently, putting at risk programs to write welfare checks,
sign people up for government health care and hand out food
stamps.
``Clearly some of them have cut it far too
close,'' said John Koskinen, the White House Y2K coordinator.
Eight states and the District of Columbia remain
at risk for Y2K computer glitches in welfare, health care and
other federally funded programs, according to the federal
government's final report on Y2K readiness, issued this week and
based on data from a week earlier.
- FBI
On Alert for Y2K Threats
Time: 06:30
EDT/11:30 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
The FBI will remain on nationwide alert
throughout New Year's weekend, although there have been no
specific threats by terrorists, says Attorney General Janet Reno.
Reno was asked Thursday if there were any
domestic threats similar to that allegedly posed by 13 people
arrested in Jordan recently. That group is said to be linked to
radical Saudi exile Osama bin Laden and to be planning to attack
Americans abroad at New Year's gatherings.
``We have no specific information concerning
specific attacks,'' Reno replied. But ``we must always be
concerned about the possibility of an attack and take every
reasonable step that we can.''
She said common sense prevented her from
publicly outlining in detail the precautions taken by her
department.
- Military
Ready for Y2K After $3.6 Billion Fix
Time: 06:28
EDT/11:28 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
U.S. military computers and weapons are now
ready for high-tech war after the critical Y2K roll-over on Dec.
31, thanks to a $3.6 billion fix over the past 18 months, the
Pentagon said on Thursday.
``I think it was nearly miraculous,'' Deputy
Defense Secretary John Hamre told a news conference to announce
that more than 7,600 U.S. military computer systems had been
fixed, tested and were ready to advance to the year 2000 without
major confusion.
``This is a war-fighting issue for us. This
isn't a computer geek issue. We are ready. We anticipate
absolutely no problems in the Department of Defense,'' Hamre said.
News
Date: Thursday 16th December
1999
Today's Top Business Headlines:
Internet News |
- Surfing
the Web: The New Ticket to a Pink Slip
Time: 06:48
EDT/11:48 GMT News Source: New
York Times Posted By: Matthew
Sabean
One day early in October, 40 employees of the
Xerox Corporation, working in locations across the United States,
received unwelcome news: They had been caught in the act of
surfing to forbidden Web sites, nabbed not by managers or fellow
employees but by software designed to monitor their online
indiscretions.
The software recorded every Web site they had
visited (many of which, it turned out, were related to shopping or
pornography) and every minute they had spent at those sites.
"This was up to eight hours a day in
inappropriate visits to Web sites," said Bill McKee, a
spokesman for Xerox. "Obviously they were not doing their
job."
The 40 workers were fired immediately, but they
were not the only ones being subjected to the watchful eye of the
monitoring software. In fact, the Web use of every one of Xerox's
92,000 employees -- in countries around the world -- is routinely
monitored by the company. The surveillance is no secret, Mr. McKee
said. Xerox workers have come to expect that they are being
watched.
- Microsoft's
Gains Lift Dow as Internet Issues Cool Off
Time: 06:41
EDT/11:41 GMT News Source: New
York Times Posted By: Matthew
Sabean
Microsoft led the stock market higher Wednesday,
putting an end to a one-day slump in high-technology shares and
lifting the Dow Jones industrials.
The Dow Jones industrial average rose 65.15
points, to 11,225.32. Microsoft accounted for more than half the
gain.
Stocks rose after Microsoft said its Windows
2000 code, which had been held up in numerous delays, had been
delivered to software manufacturing plants. Retail customers will
be able to purchase products based on Windows 2000 on Feb. 17.
- Net
tax panel punts
Time: 06:35
EDT/11:35 GMT News Source: News.com
Posted By: Matthew
Sabean
After a day and a half of meetings, a
congressional panel charged with investigating Internet taxes
decided not to decide.
The Advisory Commission on Electronic Commerce
met here over the last two days, hearing and debating proposals on
international taxes, state sales taxes and the so-called digital
divide, said to separate those who have access to the Internet and
those who don't. Although commissioners indicated agreement on
several issues, including a ban on online access taxes and the
elimination of a three-percent excise tax on telecommunications
services, the panel elected to delay a vote on those issues until
its March meeting in Dallas.
The commission, which is required to report to
Congress on its findings in April, plans to present and vote on
its final report at that meeting.
- Record
labels charge Chinese sites with music piracy
Time: 06:31
EDT/11:31 GMT News Source: News.com
Posted By: Matthew
Sabean
Major recording companies today launched two
landmark legal actions in China against two Web sites that
allegedly offer more than 1,000 Internet music files illegally.
The International Federation of the Phonographic
Industry (IFPI) said the civil suits filed by its members against
the alleged pirate operators--My Web in Beijing and Tekson in
Guangzhou--were the first such actions launched in China.
The action was brought by EMI Group, Sony Music,
Universal Music, Warner Music and China Record Guangzhou Company.
- Dell
signs another computer services partner
Time: 06:28
EDT/11:28 GMT News Source: News.com
Posted By: Matthew
Sabean
Dell's tepid enthusiasm for the computer service
market emerged again today when the company revealed an investment
in PC support start-up All.com.
All.com will specialize in providing Web-based
technical support services to small- and medium-sized businesses.
While Dell Computer would not disclose the extent of its financial
commitment, sources close to the company said that it is the major
backer behind All.com, which will start to offer its services next
month.
Service and support have always presented a
quandary for the Round Rock, Texas-based direct PC maker in its
plans. The company has historically stressed providing customers
with top-notch technical support, an emphasis that has paid off in
relatively consistent high marks for service in polls of corporate
IT (information technology) executives.
News
Date: Wednesday 15th December
1999
Today's Top Business Headlines:
Internet News |
- Charter
may buy 1 million set-top boxes from GI
Time: 11:07
EDT/16:07 GMT News Source: News.com
Posted By: Matthew
Sabean
Cable systems operator Charter Communications
plans to buy 1 million digital TV set-top boxes from General
Instrument in a deal valued at $300 million, according to reports.
The boxes, which allow Internet access through
television sets, would be delivered to Charter in 2000 and 2001,
the Wall Street Journal reported today. The boxes would offer
advanced features such as the ability to record video, and are
seen as a way for Charter to move quickly into the interactive
services market.
- DOJ
probes MTV Networks on charges of antitrust practices
Time: 11:05
EDT/16:05 GMT News Source: News.com
Posted By: Matthew
Sabean
Viacom's MTV Networks unit is under
investigation by the Justice Department regarding alleged
antitrust violations in dealings with major music companies,
according to reports.
A range of practices are under investigation,
including demands that music companies give channels MTV, M2 and
VH1 exclusive rights to music videos, the Wall Street Journal
reported, citing an unidentified Justice Department official.
- Excite@Home
poised to offer free dial-up service
Time: 11:02
EDT/16:02 GMT News Source: News.com
Posted By: Matthew
Sabean
Excite@Home is expected to offer its own branded
free dial-up Internet service in hopes of luring a larger customer
base, according to sources familiar with the discussions.
The company plans to offer the service using
technology provided by CMGI-owned 1stUp.com, the same free access
provider that AltaVista cut
a deal with in July. Excite@Home already is the largest
provider of high-speed Net access over cable networks.
The decision to enter the free Internet service
provider (ISP) space comes at a time when Excite@Home Web content
competitors are beginning to offer their own free ISP services.
Yahoo is expected to announce a deal tomorrow to
offer a co-branded free
ISP service with Kmart as part of the launch of the retailer's
e-commerce site, according to sources. Spinway, the free ISP with
funding from Masayoshi Son's Softbank and Seagate founder Al
Shugart, will power the service, sources said.
News
Date: Tuesday 14th December
1999
Today's Top Business Headlines:
Internet News |
- Palm
Computing, Inc. Files Registration Statement For Initial Public
Offering
Time: 05:08
EDT/10:08 GMT News Source: 3Com
Posted By: Matthew
Sabean
3Com Corporation (Nasdaq: COMS) today announced
that a registration statement has been filed with the Securities
and Exchange Commission (SEC) for the initial public offering of
the common stock of its wholly-owned subsidiary, Palm Computing,
Inc. In connection with the IPO, Palm Computing, Inc. intends to
change its name to Palm, Inc.
Goldman, Sachs & Co. and Morgan Stanley Dean
Witter are co-lead managers for the offering. Other managers for
the offering are Merrill Lynch & Co. and Robertson Stephens.
- U.S.
stations want to shut off Internet TV
Time: 05:08
EDT/10:08 GMT News Source: News.com
Posted By: Matthew
Sabean
A group of U.S. television stations is preparing
legal action against Canadian Net TV company iCraveTV.com, joining
a group of Canadian broadcasters already battling the
controversial start-up.
iCraveTV launched
just two weeks ago, broadcasts 17 television stations from Canada
and the United States over the Internet. As the first North
American site to bring network television shows online, it is
testing the boundaries between old and new media--and has wound up
in legal trouble as a result.
Last week, the U.S. stations gave iCraveTV
an ultimatum:
Stop broadcasting, or face legal action. The Friday deadline
passed and the shows went on, and now the stations say they'll see
iCraveTV.com in court.
"We are in agreement that we will initiate
legal action to stop what [iCraveTV] is doing," said Tom
Davidson, legal counsel for Granite Broadcasting, which owns
Buffalo, N.Y.'s WKBW-TV. "We are confident that what they are
doing is illegal in both jurisdictions."
- Security
firm creates spin-off for broadband consumers
Time: 05:00
EDT/10:00 GMT News Source: News.com
Posted By: Matthew
Sabean
Check Point Software Technologies announced the
creation of a new company, SofaWare Technologies, intended to
provide Internet security software to high-speed Net access
consumers.
SofaWare will sell Check Point's software, such
as HomeSecure, to home and home office users connected to the
Internet via "broadband" technologies, the company said.
HomeSecure protects users from hackers and helps Internet service
providers maintain traffic control.
Redwood City, Calif.-based Check Point is
venturing into a quickly growing market, hoping to tap what
analysts expect will become a lucrative business. Both digital
subscriber lines (DSL) and cable modems are proving popular with
consumers tired of waiting on slower dial-up connections.
Because broadband connections are typically
"always on," some critics have claimed that they are
more susceptible to penetration by hackers or crackers. Check
Point sees the concern as an opportunity and decided a new company
could best handle the extra load, the company said.
- Excite@Home,
Sega in gaming partnership
Time: 04:54
EDT/09:54 GMT News Source: News.com
Posted By: Matthew
Sabean
Excite will help produce Sega's Dreamcast
Network, an Internet gaming portal developed in conjunction with
Sega's hugely popular Dreamcast console, according to the two
companies.
Dreamcast
users will find Excite-produced content and personalization
features, such as Excite Mail and stock quotes. Eventually, the
companies said, Excite will produce an interface for a Dreamcast
TV-based Web browser.
Besides being a video game player, Dreamcast
lets users access the Internet through a built-in 56-kbps modem;
preferred ISP service is delivered via AT&T WorldNet. Sega
already has sold over 1 million Dreamcast consoles in North
America since it launched in September.
According to Excite, the partnership is the
latest in the Redwood City, Calif.'s company's attempts to
distribute its service through non-PC devices, and follows a deal
to provide content for AT&T's PocketNet wireless Internet
service.
News
Date: Monday 13th December 1999
Today's Top Business Headlines:
Internet News |
- The
Spending Lamp Is Lit
Time: 16:47
EDT/21:47 GMT News Source: Wired
Posted By: Matthew
Sabean
The online shopping phenomenon shows no signs of
slackening, according to a study released Monday. In fact, it
looks like the sky's the limit.
According to the Goldman Sachs-PC Data study,
home Internet shoppers spent more than US$900 million at online
retail sites last week, an increase of 60 percent over the
previous week.
Although spending increased in virtually every
category, toys were the top grossers, with around 1.3 million
individuals punching the "buy now" button. Music was the
second leading seller with 1 million unique visitors, the study
said.
- Battle
lines tighten over Net sales tax
Time: 16:27
EDT/21:27 GMT News Source: USA
Today Posted By: Matthew
Sabean
Traditional retailers are joining forces with
state and local government officials this week to try to prevent
the Internet from evolving into a tax-free sales haven.
But they face an uphill battle in their effort
to persuade a government board, the 19-member Advisory Commission
on Electronic Commerce, to adopt their position. The commission is
deeply divided on the issue, and so is the political world --
though not along partisan lines.
It meets here Tuesday and Wednesday to hear from
retailers and begin considering 37 proposals on taxation of
Internet commerce.
News
Date: Friday 10th December 1999
Today's Top Business Headlines:
Internet News |
- AOL,
Tribal Voice to negotiate on instant messaging
Time: 04:10
EDT/09:10 GMT News Source: News.com
Posted By: Matthew
Sabean
America Online has agreed to sit down with
instant messaging rival Tribal Voice to seek ways to end an
escalating battle over access to the online giant's user base,
according to a Tribal Voice spokeswoman.
Word of the negotiations came after AT&T and
its partner Tribal Voice said today that they had circumvented
AOL's efforts to block their
respective customers from exchanging messages.
Yesterday, AOL blocked AT&T's WorldNet I M
Here instant messaging service--which was developed by Tribal
Voice--from reaching users of its AIM program.
The two companies agreed to meet after Tribal
Voice introduced the fix, according to Beth Nagengast, an instant
message product manager at Tribal Voice. She said the companies
early next year will hold "initial conversations in an effort
to start laying the groundwork for cooperation."
- Qualcomm
Frees Eudora
Time: 04:03
EDT/09:03 GMT News Source: InternetNews
Posted By: Matthew
Sabean
Qualcomm Inc.
Thursday announced it will release a free full-featured version of
its Eudora e-mail program,
with sponsors picking up the tab.
Although smaller software companies have sought
to sell advertising space on applications, the move is significant
because Eudora is one of the most popular e-mail clients in use,
and e-mail is the activity on which Internet users spend a great
deal of their time. Qualcomm (QCOM)
said most Eudora users spend 30 minutes a day or more using the
program.
The company is touting the sponsored space on
the Eudora program as premium property, saying that advertisers
have users all to themselves when their ad is running on the
program. Qualcomm also says the software "knows" when a
person is actively using Eudora, and it displays (and tracks) ads
only during that time.
- Smith
pleads guilty to Melissa virus
Time: 04:00
EDT/09:00 GMT News Source: MSNBC
Posted By: Matthew
Sabean
David L. Smith, who was arrested for creating
and releasing the Melissa virus in April, pleaded guilty Thursday
to a second-degree charge of computer theft. The Melissa macro
computer virus hit companies on March 26 after being released to a
Usenet newsgroup.
The virus, which mailed itself out to the first
50 addresses listed in the address book of Microsoft’s Outlook
e-mail client, caused a massive spike in e-mail traffic, flooding
corporate e-mail servers. Companies such as Microsoft Corp., Intel
Corp., Lockheed Martin Corp., and Lucent Technologies Inc. shut
down their gateways to the Internet in the face of the threat.
News
Date: Thursday 9th December
1999
Today's Top Business Headlines:
Internet News |
- Be
to bundle Opera's Web browser
Time: 04:10
EDT/09:10 GMT News Source: PC
Week Posted By: Matthew
Sabean
Be Inc. and Opera Software A/S announced
Wednesday a joint development and marketing agreement to integrate
Opera's Web browser with Be's Stinger Internet appliance software
platform and BeOs desktop operating system.
Under the agreement, Be will bundle the Opera
browser with BeOS, and the browser will serve as the user
interface for the Stinger platform, allowing licensees of Stinger
to create customized interfaces for Internet appliances, company
officials said.
Stinger, which will be introduced in the first
quarter, is the code name for Be's software that creates
appliances for information and entertainment over the Web. Based
on BeOS, it is fully customizable and supports popular streaming
audio and video standards, officials said.
- New
York does final Y2K checks
Time: 04:08
EDT/09:08 GMT News Source: News.com
Posted By: Matthew
Sabean
With just 23 days before the crystal ball drops
in Times Square, New York City officials plan to hold the last
Year 2000 test of all municipal computer systems tonight.
A spokesperson for the city's Office of
Emergency Management said the test is taking place between 9:00
p.m. and 1:00 a.m. ET.
City officials plan to check hundreds of
computer systems and countless devices in New York City's vast
inventory of technology to be sure everything from traffic lights
to elevators in public buildings will work after the century date
change.
The evaluation comes just a few weeks before
hundreds of thousands of people gather in Times Square to watch a
Waterford crystal
ball descend.
- PricewaterhouseCoopers
offers Net quality seal
Time: 04:05
EDT/09:05 GMT News Source: News.com
Posted By: Matthew
Sabean
Professional services firm
PricewaterhouseCoopers wants to give e-commerce sites the
white-glove treatment.
The company best known for tallying votes for
the Academy Awards, PricewaterhouseCoopers announced today that it
has launched its own Web standards program. The company is
offering e-commerce sites a chance to be evaluated on how well
they disclose sales terms, protect customer privacy and handle
customer complaints.
To Web sites who meet the services firm's
standards, PricewaterhouseCoopers will license a seal that
companies can post on their sites for a $15,000 annual fee.
- NFL
files trademark suit against gambling site
Time: 04:03
EDT/09:03 GMT News Source: News.com
Posted By: Matthew
Sabean
The National Football League sued the operator
of a Web site, claiming trademark piracy and copyright
infringement.
The league charges that the Web site's operator,
Ken Miller of Clearlake Park, Calif., is using the NFL brand to
lure Internet users to three gambling sites--NFLtoday.com,
NFLtoday.net and NFLtoday.org--that have no affiliation with the
league.
The sites offer picks, point-spread information
and statistics. NFL attorney Gary Gertzog said the unauthorized
use of NFL trademarks and links to official NFL Web sites serves
to convince users that the league supports NFLtoday.com.
"The NFL has spent billions of dollars
building its name and reputation; it's the most important asset
any company has," Gertzog said. "This was outright
theft."
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