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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." 
                
            - AOL
              blocks AT&T in messaging war, part two
 
              Time: 04:00
              EDT/09:00 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              As AT&T prepared to link its customers to
              America Online's instant messaging service this morning, AOL fired
              off an instant message of its own: hands off. 
              Following through on a vow
              to bar rivals from accessing its AOL Instant Messenger (AIM)
              member lists, AOL today began disconnecting AT&T customers
              from AIM just hours after AT&T released a product built to
              connect with AOL's huge installed base. 
              Tribal Voice, which provides AT&T's I M Here
              messaging software, said AOL started rejecting registration
              requests from AT&T users at 10 a.m., five hours after
              AT&T's WorldNet Internet service first made the product
              available on its Web site. 
              Ma Bell confirmed that AOL began blocking its
              users from AIM this morning, as it did with Microsoft and its MSN
              Messenger software this
              summer. But AT&T said it hasn't yet determined a response. 
             
           
          
           
          
            
              
                
                  News
                    Date: Wednesday 8th December
                    1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
            - Are
              new Yahoo, Hotmail spam filters better than past efforts?
 
              Time: 18:47
              EDT/23:47 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              Even as the costs of battling spam mount, some
              companies are beginning to claim partial victories in the war on
              bulk junk email. More surprisingly, perhaps, is that some users
              are backing up those claims. 
              In recent months, both Yahoo Mail and
              Microsoft's Hotmail have implemented filters to cut down on the
              amount of unsolicited commercial email, commonly referred to as
              "spam," that users get in their free, Web-based email
              accounts. Spam has earned the ire of email consumers, faced with
              the time-consuming task of separating and deleting junk email, and
              Internet service providers and corporations, whose networks and
              personnel are taxed by spam influxes. 
              Hotmail's implementation
              of a controversial spam filter met with disappointing
              results, according to users who did not notice a significant
              reduction in spam following the implementation. 
              But Yahoo's anti-spam measure, launched
              last week, has met with a better reaction. 
               
             - Online
              crime against companies, countries seen rising
 
              Time: 04:04
              EDT/09:08 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              International online law enforcers today warned
              that they are behind in tackling Internet crime, and that
              cybercrime might prove a major threat to countries as well as to
              businesses. 
              Michael Vatis, director of the FBI's national
              infrastructure protection center, told a meeting of business and
              legal executives that there is a rising trend of attacking
              countries through private companies and civilian systems. 
              "Companies and private-sector entities are
              the new targets for terrorism and acts of war," he said.
              "This is a problem that's really spreading rapidly and will
              affect all of us." 
              No figures exist for Internet crime, but they
              seem to be growing faster than the Net itself, said Brian Jenkins,
              an adviser to the International Chamber of Commerce (ICC), which
              organized the meeting. 
                
            - Netscape
              relaunches portal to attract daytime users
 
              Time: 04:00
              EDT/09:00 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              America Online subsidiary Netscape
              Communications today has unveiled a redesign of its Netcenter Web
              portal in an effort to target consumers who access the Internet at
              work. 
              As
              previously reported, Netscape has toyed with new ideas for
              giving Netcenter a refurbished image to appeal to a market it
              calls the "business professional." 
              With the new look, the site adds a "today's
              features" section that updates daily with top news headlines.
              The site also features two content tabs: one labeled
              "business" for stock quotes and small business links,
              and one labeled "leisure" for local events, TV listings
              and sports headlines. 
              The redesign is one of the first transformations
              to appear on Netcenter since AOL's $9 billion acquisition of the
              company closed in March. AOL has stated in the past that it wants
              to turn Netscape into its primary service for attracting Net users
              at work, since users of the AOL proprietary service generally log
              on during prime-time hours in the evening. 
             
           
          
           
          
            
              
                
                  News
                    Date: Tuesday 7th December 1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
            - America
              Online to Lure Web Surfers to Sign Up Online
 
              Time: 04:08
              EDT/09:08 GMT News Source: New
              York Times Posted By: Matthew
              Sabean
              America Online Inc., the company that blanketed
              the country with the now-ubiquitous disks offering free
              introductory service, wants to come to a Web site near you. 
              AOL said it will pay Web site operators $15 each
              time someone signs up by clicking a link to AOL posted on the
              site. The new subscriber has to stay registered for 90 days for
              the Web site to receive the money, which arrives in the form of a
              check. 
              The new marketing scheme using other Web sites
              as affiliates is a sign of the fierce rivalry between Internet
              service providers. "People are upping the ante on the value
              of these customers," said Chris Atkins, director of product
              marketing at rival MindSpring Enterprises Inc. 
              "It's a lot more competitive. We've already
              got all the early adopters now so everyone is going after the
              masses." 
               
             - Internet
              Domain to Be Assigned for Palestinian Territory
 
              Time: 04:07
              EDT/09:07 GMT News Source: New
              York Times Posted By: Matthew
              Sabean
              Palestine, still struggling for international
              recognition as an independent state, will soon gain official
              status of another sort with the designation of its own piece of
              real estate in cyberspace. 
              The Internet's international coordinating
              authority, the Internet
              Corporation for Assigned Names and Numbers, said on Friday
              that it had received and expected to grant an application to give
              the Palestinian
              National Authority its own two-letter suffix, or domain, on
              the Internet. 
              The domain -- .ps -- would enable the
              Palestinian group to register Internet addresses like, say,
              yasserarafat.gov.ps. The .ps domain will join the list of the 243
              so-called country-code domains that have already been assigned to
              countries and territories around the world. 
              It will be the first new domain added to the
              Internet since administration of its addressing, or domain name
              system, was handed last year from federal contractors to the
              private, nonprofit Internet Corporation for Assigned Names and
              Numbers, widely known as Icann. 
                
             
            - AT&T's
              Promise Is Not Enough, Critics Say
 
              Time: 04:04
              EDT/09:04 GMT News Source: TechWeb
              Posted By: Matthew
              Sabean
              AT&T's commitment Monday to open its cable
              network in the future did not stop ISPs from urging the long
              distance and cable giant to open its network completely and
              immediately. 
              "This is an important first step in the
              right direction. But consumers should enjoy the benefits of open
              access sooner rather than later. They should not have to wait for
              exclusive arrangements between AT&T and its affiliates to
              expire years from now," said Dave Baker, MindSpring's vice
              president for legal and regulatory affairs. 
              MindSpring announced on Monday a deal whereby in
              2002, the ISP will be able to offer Internet access over
              AT&T's cable TV systems. 
              Baker signed a document, along with AT&T
              officials and the chairman of the Federal Communications
              Commission state and local advisory committee, in which AT&T
              promised to open
              its cable network to other providers once its exclusive
              arrangement with its cable modem service provider ExciteAtHome
              expires in June 2002. 
              Baker called for federal regulators to create a
              clear and unambiguous policy that will enforce AT&T's
              commitment. "Otherwise, today's agreement may not benefit
              consumers for years to come," Baker said. 
                
            - IBM's
              Fastest of the Fast
 
              Time: 04:00
              EDT/09:00 GMT News Source: Wired
              Posted By: Matthew
              Sabean
              IBM said Monday that it is trying to build the
              world's fastest supercomputer, which will be used in the medical
              research field. 
              The development of "Blue Gene," a new
              RS/6000 computer capable of more than 1 quadrillion operations per
              second, will cost in the neighborhood of US$100 million, IBM said.
              It will be used to understand how proteins fold, a process at the
              very heart of diagnosing and treating disease. 
              Proteins, which control all cellular function in
              the human body, fold into highly complex, three-dimensional shapes
              that determine their function. Any change in the shape can alter
              the protein, turning a desirable protein into a disease. 
              Blue Gene, which IBM said will be 1,000 times
              faster than Deep Blue, the computer that defeated world chess
              champion Garry Kasparov in 1997, could be operational within five
              years, researchers said. 
             
           
          
           
          
            
              
                
                  News
                    Date: Monday 6th
                    December 1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
          
            - Investment
              firm to buy Ziff-Davis Publishing for $780 million
 
              Time: 18:04
              EDT/23:04 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              Willis Stein & Partners, a private equity
              firm, today announced it will acquire technology trade publishing
              giant Ziff-Davis Publishing for $780 million. 
              Willis Stein will use the Ziff-Davis magazines
              to "launch new special interest magazines and create
              ancillary businesses," the company said in a press release. 
              The investment firm added that James D. Dunning
              Jr. will serve as chairman and chief executive of the new
              Ziff-Davis Holdings and chairman of Ziff-Davis Publishing. Dunning
              was formerly an executive vice president at Ziff Communications,
              the precursor to Ziff-Davis, from 1984 to 1986. 
              Mike Perlis will continue as president and chief
              executive of Ziff-Davis Publishing, Willis Stein said. Ziff-Davis
              Publishing's offices will remain in New York. 
              For Ziff-Davis, today's announcement marks the
              latest in a series of sell-offs of its numerous divisions. In July
              the company announced it was considering
              a sale of all or some of its businesses in hopes of boosting
              its stock price. 
               
             - Fear
              of Obsoletion Slows MP3 Sale
 
              Time: 07:03
              EDT/12:03 GMT News Source: Yahoo
              Daily News Posted By: Matthew
              Sabean
              This Christmas will be the first with a full
              range of nifty little MP3 digital audio players for sale, though
              the still-evolving music technology holds both promise - and
              perils - for consumers. 
              MP3 is the technical abbreviation for a method
              of compressing audio files into digital formats. It allows users
              to download songs from the Internet to play back via their own
              computers or on Walkman-like players. 
              The recording industry remains wary of MP3
              players, mainly because of copyright concerns, so they have not
              been widely promoted. Just a half a million of the devices are
              available so far. 
              As a result, sales have not met expectations,
              said Aram Sinnreich, an analyst at Jupiter Communications.
              ``They're not getting sold in every brick-and-mortar retailer,''
              he points out. 
                
            - Y2K
              virus flood just beginning
 
              Time: 04:03
              EDT/09:03 GMT News Source: MSNBC
              Posted By: Matthew
              Sabean
              As another Y2K virus aimed at capitalizing on
              millennium confusion circulated this week — in this case,
              actually infecting several companies — anti-virus firms warned
              it was just the tip of the iceberg. “We think of this as the
              kickoff. Y2K is the Super Bowl for virus writers,” said one
              expert, who expects 500 to 1,000 more will be released before New
              Year’s Eve. Some companies are shutting down e-mail systems
              entirely to deal with the expected trouble. 
              Despite all the preparation, midnight Dec. 31 is
              expected to bring about plenty of computer confusion, if not real
              electronic meltdowns. Virus writers have decided to take advantage
              of the flurry of activity and are promising to release several
              programs designed to wreak havoc Jan. 1 — many even simulating a
              Y2K bug-related problem. 
              “Thanks to all the publicity surrounding this,
              there’s a lot of people out there writing viruses, trying to
              write the one that does the most damage,” said Sal Viveros,
              spokesman for Network Associates. 
              Add that to the fact that many companies’ best
              information technology workers will be out celebrating, leaving
              less-experienced professionals at the helm, and you’ve got a
              prescription for trouble. 
                
            - Court
              upholds hacker's death sentence
 
              Time: 04:03
              EDT/09:03 GMT News Source: ZDNet
              Posted By: Matthew
              Sabean
              Chinese court rejects appeal -- upholds death
              sentence for hacker nabbed in cyber bank robbery. 
              A Chinese court has upheld the death sentence
              for a man who hacked into the computer system of a state bank to
              steal money, the Financial News reported on Saturday. 
              The Yangzhou Intermediate People's Court in
              eastern Jiangsu province rejected the appeal of Hao Jingwen,
              upholding a death sentence imposed last year, the newspaper said. 
              Hao Jingwen and his brother Hao Jinglong hacked
              into the computer network of the Industrial and Commercial Bank of
              China and shifted 720,000 yuan ($87,000) into accounts they had
              opened under false names, it said. 
                
            - Orwellian
              Nightmare Down Under?
 
              Time: 04:00
              EDT/09:00 GMT News Source: Wired
              Posted By: Matthew
              Sabean
              Any data seem different on your computer today?
              If you're in Australia, the government has the ability to modify
              your files. Its cyber spooks have been given legal power not only
              to monitor private computers around the country, but to change the
              data they contain. 
              The new powers are contained in a bill passed by
              Australia's parliament late last month (the Australian Security
              Intelligence Organization Legislation Amendment 1999). They now
              await only the largely ceremonial assent of Australia's governor
              general before becoming law. 
              "These are really untested waters,"
              says Chris Connolly, a vocal Australian privacy advocate. "I
              don't think there's any example anywhere else in the world that's
              comparable." 
              Under the new law, Australia's attorney general
              can authorize legal hacking into private computer systems, as well
              as copying or altering data, as long as he has reasonable cause to
              believe it's relevant to a "security matter." 
             
           
          
           
          
            
              
                
                  News
                    Date: Friday 3rd December 1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
            - Groups
              petition FTC over e-mail loophole
 
              Time: 20:18
              EDT/01:18 GMT News Source: ZDNet
              Posted By: Matthew
              Sabean
              Consumer and privacy advocates on Friday asked
              the Federal Trade Commission to close software loopholes that
              potentially allow bulk e-mailers to identify consumers by
              exploiting 'cookie' technology. 
              The groups said that the security hole allows
              senders of bulk e-mail to attach a cookie to a user's computer
              through an e-mail message. Cookies are small identifying files
              that are normally used with Web browsers, not e-mail. 
              Security consultant Richard Smith said that if
              someone reads an e-mail through a Web browser, and that e-mail
              contains graphics pulled from the Web, a cookie can be deposited
              on the user's PC. When the user surfs online later, that cookie
              can be read by the depositing site, and matched with the e-mail
              address of the user. 
              For example, someone could receive an e-mail
              newsletter from a media organization that includes news updates
              and ads. That mailing list may be purchased from a separate
              company. 
               
             - eBay
              reels in 1 million shoppers daily
 
              Time: 04:11
              EDT/09:11 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              Holiday shoppers opted to check off their gift
              lists online with a visit to Web auctioneer eBay, which topped
              Media Metrix's list of top 10 e-commerce sites for the week of
              Nov. 28. 
              eBay attracted a little over 1 million daily
              visitors last week, surpassing retailing giant Amazon.com, which
              had about 800,000 daily visitors to its site. 
              Toy retailer Toys "R" Us, which came
              in at No. 3, had only about 300,000 visitors, followed by eToys,
              CDNow and Buy.com, which all had about 200,000 visitors per day. 
              Most online retailers have enjoyed large
              percentage gains in the number of visitors who are calling up--and
              buying from--their sites. An entire year of shopping and
              purchasing goods via the Web has boosted consumer confidence,
              analysts said. 
                
            - AOL
              Links Net2Phone
 
              Time: 04:08
              EDT/09:08 GMT News Source: PC
              World Posted By: Matthew
              Sabean
              Instant Messenger users will be able to make
              low-cost calls between a phone and a PC. 
              America Online and Net2Phone have a three-year
              deal to provide AOL Instant Messenger users with phone service
              over the Internet, America Online said on Thursday. 
              AOL, the world's leading Internet service
              provider, will work with Net2Phone to create AOL Instant
              Messenger-branded phone service and products, including a branded
              card that gives Instant Messenger users low-cost Internet-based
              phone service. 
              Under the deal, Instant Messenger users will be
              able to place and receive telephone calls between a phone and a
              personal computer that has Internet services, computer speakers,
              and a microphone, AOL says. 
                
            - Microworkz
              Is Out of Work
 
              Time: 04:05
              EDT/09:05 GMT News Source: PC
              World Posted By: Matthew
              Sabean
              Missing Web site signals the end of the
              beleaguered cheap PC manufacturer. 
              In what could indicate the rapid demise of early
              models in the cheap and "free" PC movement, it seems
              that Microworkz.com has shut down its business. 
              The Microworkz Web site is gone, its telephone
              number rang busy all day on Thursday, and a toll-free number is
              disconnected. No one at Microworkz could be reached for comment. 
              The company made a splash earlier this year when
              it announced the low-price Webzter PC, which sold for $400 to
              $600. Besides the Webzter, the company also announced plans for
              the iToaster, a $199 machine allowing basic Internet access
              functions. 
                
            - McAfee
              shares triple in trading debut
 
              Time: 04:03
              EDT/09:03 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              McAfee, the online site of anti-virus software
              maker Network Associates, more than tripled in its first day of
              trading following an initial public offering. 
              McAfee rose 32.06 to 44.06, a 267.19 percent
              leap, in a strong trading debut. Earlier, the shares touched
              48.31, giving the company a market value of $2.04 billion. 
              McAfee sold 6.25 million shares at $12 each
              yesterday, raising $75 million. The sale represented a 15 percent
              stake. 
              McAfee's software lets consumers accessing its
              Web site repair damage from viruses such as Melissa and Chernobyl,
              and check for others. The Web site also lets people check whether
              their PC will work as normal after yearend, when the Y2K bug is
              expected to affect some computer systems. McAfee has acquired
              128,000 paid subscribers in less than three months who since Sept.
              2 have each paid an annual fee of up to $49.95. More than six
              million users from more than 230 countries have registered with
              the Web site, the company said in its IPO filing with the U.S.
              Securities and Exchange Commission. 
                
            - IBM
              outlines ambitious post-PC plans
 
              Time: 04:00
              EDT/09:00 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              The "one-size-fits-all" PC is dead,
              according to the high-tech behemoth that legitimized the personal
              computer industry in the 1980s. 
              That's essentially the message IBM delivered to
              industry analysts this week, when it outlined an ambitious
              strategy for moving beyond the PC era--way beyond. 
              Big Blue has essentially recognized the movement
              taking place across the industry. Gone will be the ubiquitous
              "one-size-fits all" computing that has defined IBM's
              Personal Systems Group, as it experiments with designs beyond the
              standard "beige box," including wearable PCs, and adding
              wireless connectivity to virtually all new products. 
              But despite the hype--seen most vociferously at
              the Comdex trade show--it's still far from clear if customers,
              especially traditionally staid corporate buyers, will react to
              these changes with the same enthusiasm that Silicon Valley has. 
             
           
          
           
          
            
              
                
                  News
                    Date: Thursday 2nd December
                    1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
            - Y2K
              Bug: From Time Bomb to Dud
 
              Time: 04:15
              EDT/09:15 GMT News Source: Yahoo
              Daily News Posted By: Matthew
              Sabean
              The millennium computer bug has mutated from a
              time bomb into a dud. 
              Former Cassandras are backing away from
              scenarios that predicted chaos around the world as computers
              crashed at midnight on Dec. 31 because of the ubiquitous bug. Now
              these experts say that thanks to their perception in identifying
              the problem and the effectiveness of their public relations
              effort, the world can party into the next millennium without fear. 
              The lights will not go out at midnight.
              Telephones will work normally, once the traditional New Year
              phoning frenzy has died down. Jumbo jets will not fall from the
              sky. Civilized life as we know it will not come to an abrupt halt. 
              But this hoped-for happy outcome has not come
              cheaply. U.S. information technology research company Gartner
              Group said companies around the world would have to spend between
              $300 billion and $600 billion to fix the problem. 
               
             - Cursor
              Company Offers Fix
 
              Time: 04:12
              EDT/09:12 GMT News Source: New
              York Times Posted By: Matthew
              Sabean
              A company that offers free software to change an
              Internet browser's cursor into cartoon characters is offering to
              let people delete a serial number the company was using to track
              its customers across the Internet. 
              Responding to an outcry over the privacy
              implications of its software, Comet Systems Inc. also said it will
              seek certification from Truste, an organization that monitors
              whether Web sites are following the privacy promises they make to
              consumers. 
              Truste said Comet Systems had
              "significantly damaged the trust of their customers." 
              Comet Systems, which is based in New York,
              acknowledged earlier this week that its cursor software -- used by
              more than 16 million people -- reports back to its own computers
              with each customer's unique serial number each time that person
              visits any of 60,000 Web sites that support its technology. 
               Delete
              The Download Number 
                
            - BBC
              Calls For Open Standards For Web TV
 
              Time: 04:08
              EDT/09:08 GMT News Source: TechWeb
              Posted By: Matthew
              Sabean
              Bringing the Internet and e-commerce to the
              masses through television could be thwarted if the open standards
              culture of the Internet isn't carried over into digital TV, said
              the BBC's director of policy on Wednesday. 
              Speaking at the Westminster Media Forum here --
              an annual meeting of politicians, press, and broadcasting figures
              to discuss policy, trends, and regulation -- Patricia Hodgson
              called for proprietary connectivity and set-top box suppliers to
              be made to lodge their intellectual property with an industry
              regulator so that other providers could license the technology. 
              "The Internet's phenomenal growth is due to
              open standards," Hodgson said. "We stand on the brink of
              turning our back on this sensible framework." 
              She said in the U.K. there are currently three
              access methods for digital TV and three types of set-top boxes --
              potentially locking users into particular suppliers. 
                
            - Net
              radio firm Spinner.com adds downloads
 
              Time: 04:06
              EDT/09:06 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              America Online's Net radio company, Spinner.com,
              is spinning into something else altogether: a music download site. 
              In a move that aims to position Spinner as a
              stronger competitor to the growing number of sites that let
              computer users collect and store free audio tracks, Spinner
              unveiled an MP3
              music download service
              today. 
              Using Spinner's Playlist-to-Go, which will be
              compiled by the site's editors, Net users can gather more than
              1,400 songs to play via Spinner's site through its newly
              incorporated Winamp MP3 player, handheld music devices such as the
              Diamond Rio, and eventually car and home stereos. 
                
            - Yahoo
              adds spam filter to email, but will it work?
 
              Time: 04:04
              EDT/09:04 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              Web portal Yahoo today said it will begin using
              software it has developed to automatically filter unsolicited bulk
              email, or "spam," from its free email service. 
              Beginning today, Yahoo Mail will begin filtering
              spam into separate folders, according to Geoff Ralston, vice
              president of Yahoo's communications group. The software, which was
              created internally, will automatically determine whether email
              being sent to a user is unsolicited and then take appropriate
              action. 
              "We have an automatic system that can see
              all messages that come into Yahoo Mail and uses technology to on
              how the system works, citing concerns that spammers could exploit
              the filter. He also declined to comment on whether the technology
              will be patented and marketed to other email systems. 
                
            - Web
              site creates marketplace for free-lancers
 
              Time: 04:00
              EDT/09:00 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              Executives from free-lance job firm eLance say
              they want to put an East Coast spin on the online job hunting
              market. 
              eLance,
              which lets free-lancers bid on jobs posted by potential employers,
              is set up similarly to a trading floor, with eLance employees
              stepping in to facilitate trades, make sure they are completed,
              and stimulate demand or supply as needed to ensure liquidity of
              the market. 
              Srini Anumolu, who before founding eLance was a
              portfolio manager trading bonds on Wall Street, and his partner,
              fellow Wall Street graduate and "chief eLancer" Beerud
              Sheth, are after more than atmosphere with their model for job
              hunting. 
              "We wanted to recreate the kind of
              excitement you find on a trading floor," Anumolu said.
              "When I first walked into the Salomon Bros. trading desk,
              there were hundreds of people sitting row after row on the phone,
              with clocks on the wall giving the time in cities around the
              world, and ticker tapes giving the latest quotes. 
             
           
          
           
          
            
              
                
                  News
                    Date: Wednesday 1st December
                    1999 
                    Today's Top Business Headlines:
                    Internet News | 
                 
              
             
           
          
            - Alta
              Vista to Acquire Raging Bull in Stock Deal
 
              Time: 04:15
              EDT/09:15 GMT News Source: New
              York Times Posted By: Matthew
              Sabean
              CMGI , which gained fame for financing and then
              selling young Internet companies, said Monday that two of its
              progeny would join forces. 
              Exchanging privately held stock, the Internet
              portal Alta Vista will acquire the financial Web site Raging Bull,
              the companies said. The deal follows a five-month alliance between
              the two companies. Terms of the deal were not disclosed. All three
              of the companies are based in Andover, Mass. 
              CMGI owns 83 percent of Alta Vista. It has an
              approximately 20 percent interest in @Ventures III, a venture
              capital fund that has a majority interest in Raging Bull,
              according to CMGI investor relations. 
              "This is going slightly against the tide in
              bringing two companies together," said Rod Schrock, president
              of Alta Vista. "You want one team developing and producing
              the entire site." 
               
             - Web
              site's challenge: Name the next decade
 
              Time: 04:12
              EDT/09:12 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              With the millennium just weeks away, Y2K bug
              concerns may be overshadowed by another problem gripping the
              public: what to call the next decade. 
              Not content to leave the outcome to chance,
              three veteran Net heads have launched Namethedecade.com, a Web
              site that gives the public the opportunity to make nominations and
              vote for their preference. 
              Since the site was launched 10 days ago,
              suggestions have trickled in ranging from the serious--"the
              two-thousands," "the singles," "the
              zeros"--to the not-so-serious--"the
              zippity-do-dahs," "the anticlimax," "the
              tainties (cause it 'taint the nineties, and it 'taint the
              teens)." 
                
            - Security
              Firms Reports New Explorer Outbreak
 
              Time: 04:09
              EDT/09:09 GMT News Source: Yahoo
              Daily News Posted By: Matthew
              Sabean
              Computer security firms reported on Tuesday a
              new outbreak of the Explorer Zip computer ``worm,'' one of the
              most damaging computer infections ever seen. 
              The bug was being carried with a different kind
              of compression software, the computer security firms said, but the
              effect is the same. The worm can destroy files and data, and the
              last outbreak earlier this year cost hundreds of millions of
              dollars damage in thousands of computers around the world. 
              Because it is a new version of the virus, it has
              eluded existing anti-virus software, though major firms quickly
              upgraded programs that combat the bug. 
                
            - Muze
              gets creative with Net music business model
 
              Time: 04:08
              EDT/09:08 GMT News Source: News.com
              Posted By: Matthew
              Sabean
              While untried start-ups stampede the Net to get
              a piece of the online music scene through album sales or
              advertising revenue, veteran entertainment information company
              Muze is quietly reinventing itself to get a cut of the action. 
              Muze's computerized catalogs of music, books and
              video titles already serve as the search directories for more than
              13,000 retail outlets, such as Virgin MegaStore, Barnes &
              Noble, Amazon.com and Yahoo, which in turn sell products by major
              record labels, movie studios and publishing houses. 
              But when Muze executives saw the free MP3
              phenomenon taking hold and digital music players coming to market
              more than a year ago, they decided to rebuild Muze's core to
              prepare, not only for the inevitable e-commerce boom, but for a
              fundamental shift in how consumers buy and collect music. 
              Muze launched in 1991 as a provider of look-up
              kiosks to stores, but it is now aggressively moving its services
              online. The privately owned company is trying to position its
              entertainment information database as the industry standard. By
              doing so, the company is looking to cash in on the ever-growing
              battle to sell songs, promote artists, and push various digital
              music formats and players online. 
                
            - Mouse
              Pointer Records Clicks
 
              Time: 04:03
              EDT/09:03 GMT News Source: Wired
              Posted By: Matthew
              Sabean
              The maker of a simple animated mouse pointer is
              raising privacy concerns because the device's software
              surreptitiously tracks its users' Web travels. 
              When a surfer visits Web sites that use the
              cursor to customize their pages, the pointer transmits a record of
              the visit to Comet Systems, which designed the software. 
              Unbeknownst to users, the Comet Cursor's
              tracking activities are tied to unique identification numbers.
              Privacy advocates complain that the software company didn't
              disclose the cursor's capabilities to users, many of them
              children. 
                
            - Volkswagen
              Loses First Round in Domain Dispute
 
              Time: 04:00
              EDT/09:00 GMT News Source: Internet
              News Posted By: Matthew
              Sabean
              In another David-versus-Goliath court battle, a
              Virginia judge set another precedent for small companies by
              favoring Virtual Works' domain
              name registration over the Volkswagon
              trademark. 
              U.S. District Judge Claude Hilton last week
              refused to grant an injuction to Volkswagen that would force
              Internet company Virtual Works from using the vw.net domain
              address. 
              The judge found that Volkswagen was not
              demonstrating "irreparable harm," effectively
              invalidating Volkswagen's cease and desist order which was based
              on an Network Solutions (NSI) statute related to trademark status. 
              Virtual Works had counter-filed for entitlement
              of the domain name, and sought damages from NSI for changing its
              dispute policy to favor trademark holders. It also sued Volkswagen
              for interfering with its contract with NSI. In further
              domino-effect filings, NSI called for a dismissal of the charges,
              which the court granted. 
             
           
          
           
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