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here
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News
Date: Tuesday 30th November 1999
Today's Top Business Headlines:
Internet News |
- Retail
PC sales slowing despite price cuts
Time: 05:50
EDT/10:50 GMT News Source: News.com
Posted By: Matthew
Sabean
Retail shipments of personal computers rose 21
percent in October from a year earlier, one of the smallest
increases this year as retailers offered fewer promotions, a
research firm said.
Revenue fell 9.7 percent for the month as the
average price for PCs sold dropped to $800, down 25 percent from
October 1998, according to PC Data of Reston, Virginia.
"It was a slow month," PC Data analyst
Stephen Baker said. "Some of the sales that normally would have
happened in October were pulled into September by all the
promotions."
The higher retail shipments combined with lower
revenue and prices fit a pattern that has persisted for most of the
year, as PC makers churn out more machines that sell for less than
$1,000.
- Don't
Phone to Ring in New Year
Time: 05:29
EDT/10:29 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
Telephone companies around the world want their
customers to make just one New Year's resolution this year: don't
rush to pick up the phone when the clock strikes midnight.
Telephone companies expect New Year calling
volumes to rise by 15 percent to 50 percent above normal levels,
which will be a far greater threat to telephone networks than what
experts characterize as hyperbolic Y2K doomsday predictions of
system failures, blackouts and total isolation.
``There won't be significant outages. The biggest
fear I have is a lot of the general public is going to pick up the
phone just to see if they have a dial tone and call friends. That
will be a volume burden. It's probably the biggest threat of all,''
said Lou Marcoccio, research director for the Gartner Group, a U.S.
business technology consulting firm.
However, some rural areas of the United States and
developing countries may face problems ranging from short-term
outages to busy signals to billing errors, experts said.
- Dell
to Offer New Webpc Line of Consumer PCs
Time: 05:24
EDT/10:24 GMT News Source: Yahoo
Daily News Posted By: Matthew
Sabean
Dell Computer Corp., the world's No. 2 personal
computer maker, said it will unveil on Tuesday a new generation of
small and stylish Intel-based consumer desktop PCs that do away with
the austere functionalism of traditional PCs.
Dell's long-anticipated Webpc, as the new
computers are known, take up roughly one third the desktop space of
a typical pizza-box shaped PC and come in at least five designer
colors, echoing a strategy pioneered by Apple Computer Inc.
Prices start at $1,000 for a complete package that
includes a computer running an Intel Celeron 433 megahertz chip, a
standard 15-inch monitor with built-in speakers, a printer and one
year of the company's Dellnet Internet access service.
The Webpc introduction, timed to coincide with the
holiday PC shopping rush, positions Dell to meet rising demand for
an emerging category of color-coordinated, industrially designed PCs
that fit the decor of rooms other than the home office.
News
Date: Monday 29th November 1999
Today's Top Business Headlines:
Internet News |
- AOL
give privacy an expiration date
Time: 17:43
EDT/22:43 GMT News Source: ZDNet
Posted By: Matthew
Sabean
An America Online policy is again putting privacy
issues on the front burner. The nation's leading access provider
recently started sending e-mails to customers informing them that
the privacy preferences they signed up for a year ago - the ones
telling the company not to collect or distribute information about
their accounts or online habits - have "expired."
AOL
(NYSE:AOL)
said that if subscribers want their preferences to remain in place,
they must again fill out what is known as an "opt out"
form. If they do nothing, information about their accounts and Web
habits may be distributed to marketers and other interested parties.
The preferences' one-year life span is part of a
much-publicized privacy policy that AOL put in place a year ago,
said Andrew Weinstein, a spokesman at AOL. He defended the policy,
saying that the company explained "to consumers in detail
exactly how [the preferences] will work. They work on a one-year
basis. If they want to receive materials after that, they are given
the ability to do that."
But privacy advocates evaluate the new policy
differently. They said most AOL users are surprised to learn they
have to redo their opt-out preferences.
- Emachines,
Free-PC to merge
Time: 17:37
EDT/22:37 GMT News Source: News.com
Posted By: Matthew
Sabean
The "free" PC, one of the hot consumer
items of 1999, appears to be going away fast.
Inexpensive PC maker Emachines
will merge with Free-PC, the
company that kicked off the "free" PC craze earlier this
year by giving away computers with complementary Internet service.
The acquisition will delay Emachines' initial public offering until
the first quarter, said Steve Dukker, CEO of Emachines and the
executive who will oversee the combined companies.
With the merger, Free-PC's computer offers will
end. Free-PC had been giving away Compaq PCs and subsidizing the
cost through advertising and e-commerce deals.
Those offers are no more, Dukker said. Instead,
Emachines will take Free-PC's advertising and e-commerce deals and
incorporate them into the Emachines platform. This could easily lead
to lower prices on Emachines PCs, but they won't be free.
- Internet
Labels Lose Meaning in Rush for Popular Addresses
Time: 04:54
EDT/09:54 GMT News Source: New
York Times Posted By: Matthew
Sabean
It used to be that you could tell a lot about a
Web site just by looking at the letters after the "dot" in
its address. But as competition for prime Internet addresses
intensifies, the most popular dot suffixes for domain names -- .com,
.net and .org -- are losing the meanings they once had.
Originally, .com was designated for businesses,
while .net was for groups or companies involved in network access to
the Internet and .org was associated with nonprofit organizations.
But not anymore.
"Since about two or three years ago, there is
no distinction between .com, .net and .org," said Christopher
Clough, a spokesman for Network
Solutions, the largest Internet name registrar. "It's all
up to the registrant and self-selection."
And now that the business of registering names has
been opened to competition, other registrars are all too happy to
ignore the longstanding informal rules to keep customers satisfied.
- The
Net goes guerilla
Time: 04:44
EDT/09:44 GMT News Source: ZDNet
Posted By: Matthew
Sabean
Internet companies are doing everything they can
to stand out from the crowd, including advertising on boxer Evander
Holyfield's trunks.
The millions of Americans who watched the Macy's
Thanksgiving Day parade Thursday might have been scratching their
heads about a 16-foot-tall sculpture of an impeccably dressed bald
man sitting amidst piles of books and surrounded by questions about
Thanksgiving.
Who was that bald man? The Ask Jeeves (Nasdaq: ASKJ)
butler, of course.
While Jeeves isn't exactly as well-known as, say,
his float-mate Snoopy, the company hopes the parade, broadcast
nationally, will help change that. And while it may seem a bit
unusual for an Internet startup to be featured in a parade, the
float symbolizes what some "dotcoms" will do to get
noticed.
- Feds
May Opt-In On Privacy Rules
Time: 04:37
EDT/09:37 GMT News Source: TechWeb
Posted By: Matthew
Sabean
Government may soon opt-in for privacy standards
while industry is seeking to opt-out, an online advertising
executive said this week.
Dave Morgan, the president and chief executive
officer of Real Media, a New York City-based company that
distributes ads over a network of websites, said he thinks the
federal government will step in to regulate companies that use the
Internet to collect consumer data to build profiles for advertising
and marketing.
Real Media is a member of the Network Advertising
Initiative, a group of companies that have agreed on a regulatory
code for such activity. The companies include DoubleClick, 24/7
Media, Flycast Communications, AdForce, AdKnowledge, Adsmart and
Engage Technologies.
News
Date: Monday 22nd November 1999
Today's Top Business Headlines:
Internet News |
- InfoSpace
Eyes Collaboration with eComLive Buy
Time: 5:54
EDT/10:54 GMT News Source: InternetNews
Posted By: Robert
Stein
InfoSpace Monday purchased eCom Live, a provider
of Web-based collaboration and interaction software designed for
electronic commerce and other vertical applications. eCom Live's
software allows users to share data, conduct audio and video
conferencing and jointly work on applications and documents using a
standard Web browser.
- Priceline
Brings Mortgage Center to New York
Time: 5:54
EDT/10:54 GMT News Source: InternetNews
Posted By: Robert
Stein
PricelineMortgage is now available to homebuyers
in New York, New Jersey and Connecticut. Developed with First
Alliance Bank, the service is designed to allow customers to name
their own interest rates and cut closing costs. Alliance Mortgage is
an approved Fannie Mae seller, and will provide Fannie Mae's Desktop
Underwriter automated underwriting system. PricelineMortgage handles
first mortgage loan requests of up to $240,000.
News
Date: Friday 19th November 1999
Today's Top Business Headlines:
Internet News |
- FCC
orders local telecom firms to share lines with data carriers
Time: 10:28
EDT/15:28 GMT News Source: MSNBC
Posted By: Matt
Sabean
In a landmark decision for Web users, the Federal
Communications Commission gave a big boost to high-speed Internet
connections Thursday by voting to require major local phone
companies to share their lines with data carriers. The move is
expected to bring wider high-speed access at lower prices. But local
phone companies warn that it could also end up clogging voice lines
and adding static to their customer’s conversations.
The FCC’s decision is designed to make it
cheaper for a host of smaller, upstart businesses to compete with
Baby Bell telephone companies in the race to offer Web connections
that are dozens of times faster than conventional dial-up modems.
But the decision sidestepped a critical question in the white hot
battle for DSL market share: just how much will phone companies get
to charge for access to their lines.
The FCC’s ruling requires the local phone
companies — some of which are offering their own high-speed
services — to let these DSL (digital subscriber line) providers
share lines that are already carrying basic voice connections.
Current rules require data carriers like NorthPoint Communications
Group Inc., Covad Communications Group Inc. and Rhythms Net
Connections Inc. to provide service over a separate line.
The decision was a major win for the DSL upstarts,
who stand to see their costs reduced and demand for the service
explode. Widespread anticipation of Thursday’s decision has sent
the stocks of these companies surging in the last month.
- Voter
Ed for Online Profit
Time: 10:18
EDT/15:18 GMT News Source: Wired
Posted By: Matt
Sabean
With the New Hampshire primary just around the
corner, the dot-com mania has found a new target: the American
voter.
Helping Americans fulfill their civic duty used to
be the exclusive preserve of shiny-eyed idealists, but voter
education has become big business.
In recent weeks, there’s been an explosion in
the number of sites offering "unfiltered" information on
campaigns and candidates for potential voters. And many of them plan
to make money doing it.
"People are looking at the Internet and
seeing dollar signs. There is the push to create niches," said
Mike McGill, media director at FreedomChannel.com,
a nonprofit site that allows voters to view unedited clips of
candidates speaking on various issues.
- Phone.com
faces stiff competition over cell phone space
Time: 08:36
EDT/13:36 GMT News Source: News.com
Posted By: Matt
Sabean
A new browser war is shaping up, with combatants
this time aiming for control of the tiny screens on Web-ready mobile
phones.
The real estate now belongs almost exclusively to
a company called Phone.com, the leading producer of the Web browsers
and servers that stream news headlines and email to mobile phones.
But as the market begins to grow, other players--from Microsoft to
the world's biggest mobile phone manufacturers--are aiming to knock
Phone.com from the lead.
The wireless data market is still in its infancy.
Most of the major mobile carriers in the United States are just
beginning to offer cellular Web services, trailing European
carriers. The market potential is huge, however, as worldwide more
people own cell phones than PCs. By 2003, industry analysts expect
there will be more than 1 billion mobile phones in use across the
globe.
Web phone surfing surely won't supplant PC use,
analysts say. But the opportunity to read quick news headlines, get
sports scores, check train schedules or buy tickets is attractive to
consumers, and services should increase as wireless download speeds get
faster.
- Community
Updates
Time: 04:04
EDT/09:04 GMT News Source: ActiveWindows Posted By:
Matt
Sabean
Just another reminder about signing up for our ActiveWindows
Community on MSN. It allows you to chat with us in our chat room
or via our message board, it also lets you post your own
screensavers and backgrounds for other ActiveWindows readers to
download.
So please don't hesitate to join our community--we
would love to have you! We are currently the largest Windows site on
the MSN community list.
We have an upcoming chat taking place on Saturday
November 27th at 7pm EST 12pm GMT, we will all be there.
- eMachines:
Expect appliances from us
Time: 04:54
EDT/09:54 GMT News Source: ZDNet
Posted By: Matt
Sabean
The maker of super-cheap PCs is also planning to
jump into the market for even cheaper, special purpose Net-enabled
devices.
eMachines Inc., Irvine, Calif., company best known
for making cheap PCs, is eyeing appliances.
No, not refrigerators or washers. Instead, its top
executive hinted that the Irvine, Calif., company is ready to jump
into the market for even cheaper, special purpose Internet-enabled
devices. eMachines
"will put one in our roadmap soon," said president Stephen
Dukker.
"I do believe there is a market for these
devices. We view it as truly a different market from the PC space.
(It is) for the other 40 percent that don't want a PC," he
said. "It's a way to get connected (to the Internet) for people
who really count perceive needing a PC."
- AOL
enters the rating game
Time: 04:22
EDT/09:22 GMT News Source: ZDNet
Posted By: Matt
Sabean
The same group that rates video games will also
rate any game on AOL. Now will other online gamers follow AOL's
suit?
In a move it hopes will set a new standard for the
online gaming industry, America Online Inc. announced Thursday that
all games played on its service will be rated by the same group that
rates nearly all offline, packaged games.
"We really think it's important for consumers
to be informed and help them make the best decisions for what their
children do online," said Ginny Wydler, director of standards
and policy for AOL
(NYSE: AOL).
The ratings body, the Entertainment Software
Ratings Board (ESRB), ranks games in categories ranging from
"early childhood" to "mature" and
"adult." So far, the majority of online games are unrated.
Arthur Pober, executive director of ESRB,
hopes AOL's announcement will help change that situation
"When we created the ratings system (for
packaged games) originally, we didn't have the entire
industry," he explained. "As consumers became more and
more aware we garnered a major part of the industry. I hope that's
what AOL helps us do in the online world."
- House
OKs cybersquatting bill as part of budget vote
Time: 04:07
EDT/09:07 GMT News Source: News.com
Posted By: Matt
Sabean
The House approved legislation intended to protect
businesses from cybersquatters, those who register company
trademarks as Internet addresses and try to sell them for a profit.
The legislation, previously worked out in
conference with the Senate, is an amendment to the omnibus budget
bill that today passed by 296-135.
Under the bill, cybersquatters are liable for
penalties up to $100,000 for registering a domain name that is
similar to a company's trademark.
Business interests have favored the legislation,
while civil libertarians object on grounds of free-speech concerns.
The Clinton administration has said it
is opposed to a similar standalone bill called the Trademark
Cyberpiracy Prevention Act, passed by the House late last month.
But the administration would seem unlikely to try to block the
measure approved today, since the $390 billion budget bill that
incorporates the cybersquatting legislation also covers five of the
federal government's 13 yearly spending bills, and has recently been
the subject of high-stakes negotiations.
News
Date: Thursday 18th November 1999
Today's Top Business Headlines:
Internet News |
- PC
virus forces 2-day Dell factory closure
Time: 19:27
EDT/00:27 GMT News Source: News.com
Posted By: Matt
Sabean
The Limerick factory of U.S.-based computer maker
Dell Computer had to shut down operations for two days after its
production systems were infected with a computer virus.
Dell told Reuters it had halted its manufacturing
plant from last Thursday until Monday and recalled 12,000 units
after it discovered the so-called "FunLove" virus in the
system used to load software into desktop and laptop computers it
makes.
"We were back in production on Monday and
everything is back to normal," a Dell spokeswoman said.
- Movie
trade group tries to block DVD cracking tool
Time: 19:23
EDT/00:23 GMT News Source: News.com
Posted By: Matt
Sabean
In a major test of a new copyright law, the Motion
Picture Association of America is hunting down and eliminating from
the Net a program that cracks the security on DVDs.
The motion picture industry was rocked
earlier this month when programmers discovered a way to remove
anti-copying features from DVD
versions of hundreds of copyrighted works. .
But the Motion Picture Association of America
(MPAA), which lobbies for the major U.S. studios' political and
financial interests, appears to be having success in convincing Web
sites to remove the utility. Called DeCSS, the program can crack the
encryption code in the DVD Content Scrambling System, allowing
people to make unauthorized copies of digital movies to play on
their computers or television sets.
The MPAA has sent cease and desist letters to
numerous Web sites, citing the Digital
Millennium Copyright Act, which passed last October. The DMCA
made it a crime to create, sell or distribute any technology that
could be used to break copyright-protection devices.
- Compaq,
Cable and Wireless Ink Online Service Deal
Time: 19:16
EDT/00:16 GMT News Source: NewYork
Times Posted By: Matt
Sabean
Compaq Computer and Cable and Wireless announced
Thursday that they would jointly spend $500 million to provide
one-stop-shopping for small and medium business services.
They will employ a burgeoning technology called
application service providers, or ASP.
Compaq will commit $200 million to the venture,
with the remaining $300 million coming incrementally from Cable and
Wireless, a leading British telecommunications company.
Under the agreement, Cable and Wireless will
provide the hosting centers where the data are processed and the
network, which is capable of handling a number of different
applications including Internet access, voice and video streaming,
and sales force automation.
- US
Warns Consumers of Fraud Schemes Linked to Y2K
Time: 19:10
EDT/00:10 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
The U.S. Justice Department warned consumers on
Thursday to be on alert for fraud schemes concocted by criminals to
take advantage of fears over the Y2K computer glitch.
``We may be entering the 21st Century, but these
schemes are just dressing up old-fashioned telemarketing fraud in
high-tech clothing,'' Deputy Attorney General Eric Holder said at
the weekly Justice Department news briefing.
``We have not seen a major upswing in the numbers
of complaints about Y2K fraud but we are anticipating that as we get
closer to the end of this year more criminals will try to con
consumers and want consumers to know what to look for and how to
respond to it,'' Holder said.
- Priceline
adds three airlines
Time: 04:40
EDT/09:40 GMT News Source: ZDNet
Posted By: Matt
Sabean
In a move seen spurring its revenues and profits,
Priceline.com on Wednesday said it will sell tickets for the three
major airlines it does not already serve, United Air Lines, American
and US Air, and will take a one-time, $1.1 billion charge related to
the deal.
Under the pact, each of Priceline's (Nasdaq: PCLN)
eight major airline partners will be given warrants to take equity
positions in Priceline, in proportion to their market share.
A Priceline
spokesman could not immediately detail the percentage stake the
airlines will have in Priceline.
Priceline expects to record a one-time, non-cash
fourth quarter charge of about $1.1 billion to reflect the
accounting cost of the new warrants.
- Year
2000 Computer Costs Estimated at $365 a Person
Time: 04:36
EDT/09:36 GMT News Source: New
York Times Posted By: Matt
Sabean
The government said Wednesday that the cost of
repairing the Year 2000 computer problem would be $100 billion, or
$365 for each man, woman and child in the United States.
For all that, the Commerce Department predicted
that the effect of computer failures on the economy would be merely
"something like a tangled shoelace for a world-class marathon
runner."
In a new report, the government said the economy
was sufficiently "stable, large and resilient" that
failures -- even those overseas -- would not seriously affect the $9
trillion gross domestic product.
"Any glitches that pop up next year should
not hurt our economic growth," Commerce Secretary William M.
Daley said. "I am not going to lose any sleep."
News
Date: Wednesday 17th November
1999
Today's Top Business Headlines:
e-Bay |
- Intel
Repeats Q4 Demand Beyond Its Supply, Shrs Slip
Time: 17:59
EDT/22:59 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Intel Corp (NasdaqNM:INTC
- news). said it
has been seeing stronger than expected fourth-quarter demand for its
computer chips, and reiterated comments that it would have trouble
filling orders beyond its existing commitments.
``We built for a seasonally strong fourth
quarter,'' Intel spokesman Michael Sullivan said. ``The reality is
that it's stronger even than that,'' he said, referring to demand
outstripping the supply of chips manufactured at its plants.
``We are not able to meet some of the new upside
requests from some additional customers at this point in time,''
Sullivan said. ``Upside'' is an industry term for additional sales
demand that can lead to better-than-expected financial results.
- U.K.
Bill Combines E-Spying, Crypto Control
Time: 17:52
EDT/22:52 GMT News Source: TechWeb
Posted By: Matt
Sabean
The U.K. government pulled controversial
encryption controls and e-mail spying powers from two draft laws in
a surprise move on Wednesday.
However, a new bill will see both measures
reintroduced as soon as possible, according to a government
spokeswoman.
E-commerce proponents and civil liberties groups
had argued against the Electronic Communications Bill, which
purported to promote the use of e-commerce by recognizing digital
signatures, but called
for two-year prison sentences for people who fail to provide
encryption keys to law enforcement when demanded. For telling
customers about their accounts being tapped, ISPs would have faced
five years in jail. The first bill will still go through, but would
be stripped down to exclude the access measures, a Home Office
spokeswoman said.
- Web
traffic bounces back; AOL still on top
Time: 17:46
EDT/22:46 GMT News Source: News.com
Posted By: Matt
Sabean
The average amount of time U.S. Internet users
spent on major Web sites rose 9.3 percent to more than eight hours
in October from September, a study said yesterday, in a sign that
Internet use was rebounding from seasonal softness during the summer
and early fall months.
Nielsen/NetRatings, an Internet measurement
service from Nielsen Media Research and NetRatings, said its monthly
study of the top 25 Web sites showed a recovery in visitor traffic
after slowing between August and September.
Christmas came early for online retailers, as the
top three toy sites enjoyed a more than 100 percent jump in visitors
in October, the survey found.
- Can
Pitney catch up to Stamps.com, E-Stamps?
Time: 17:42
EDT/22:42 GMT News Source: News.com
Posted By: Matt
Sabean
After toiling for decades under U.S. Postal
Service regulations, metering giant Pitney Bowes seems to have
become as slow moving as the government agency, watching
fleet-footed Net-only rivals take a strong lead in the Internet
postage market.
While the company has the technology and the
established brand recognition to compete vigorously with e-commerce
upstarts, its migration to the Internet has been less than
energetic.
As a result, investors have pounded the company's
stock--which is hovering around a 52-week low--as a steady stream of
news about Stamps.com and E-Stamp pours out and pushes their shares
higher.
- Poorly
timed software upgrade paralyzes Nasdaq
Time: 04:04
EDT/09:04 GMT News Source: ZDII
Posted By: Matt
Sabean
Traders were unable to buy or sell stocks for 17
crucial minutes Tuesday after Nasdaq officials attempted a software
upgrade on the fly in the last half hour of trading. Something went
wrong and investors were the ones who paid the price.
The timing of the outage couldn't have been worse.
Following the Federal Reserve Board's decision to raise short-term
interest rates one-quarter of a percent and adopt a
"neutral" bias, traders pushed the Nasdaq composite up 74
points to another record close of 3,293.07 on volume of 1.48 billion
shares, also an all-time record.
From 3:40 p.m. to 3:57 p.m. the nation's largest
electronic stock market was unable to process trades.
Wayne Lee, a Nasdaq spokesman, said the software
upgrade was necessary to "handle the extremely high volume of
trading" late in the session. The move appeared to trigger
problems with the market's trade reporting and quotation systems.
- Hobby
site aims to grab some of eBay's glory
Time: 04:00
EDT/09:00 GMT News Source: News.com
Posted By: Matt
Sabean
Content site eHobbies is hoping to grab a small
portion of the online auction market from giant auctioneer eBay.
eHobbies, a Santa Monica, Calif.-based company,
launched an auction site where model builders, stamp collectors and
other hobby aficionados can buy or sell products.
eHobbies is the latest among a growing number of
companies that are looking to break into the auction market,
currently dominated by eBay. Research firm Gomez Advisors estimates
the company earns about 70 percent of all online auction revenues.
Yet those staggering numbers aren't discouraging
other firms from jumping in with their own bids. This month
DesignerOutlet.com and Playboy announced plans to join the
Fairmarket auction network. Last month, the Disney-backed Go Network
unveiled its own auction site.
News
Date: Tuesday 16th November 1999
Today's Top Business Headlines:
Internet News |
- Chip
rivalry yielding unexpected user bonanza
Time: 19:15
EDT/24:15 GMT News Source: ZDNet
Posted By: Matt
Sabean
The escalating speed race between Intel and AMD
augurs faster, cheaper computers sooner than expected.
The stepped-up competition between Intel and AMD
is proving to be an unexpected bonanza for consumers.
With their latest round of announcements, the two
chip heavyweights introduced products aimed at power users. But
analysts and industry executives point to a wider spillover benefit
for consumers: the rivalry is pushing the two companies to launch
more powerful chips at a faster clip than they otherwise might.
Intel
Corp. (NASDAQ: INTC)
is looking to round out its suite of desktop PC processor offerings
at the high and low ends of the megahertz barometer, later next
year. The company, which Monday shipped its 820 chip set for
high-end desktop PCs, intends to keep the pressure on rival Advanced
Micro Devices Inc. (NYSE:AMD),
which itself announced plans to ship the 750MHz Athlon processor by
the end of the year and the 800MHz version in the first quarter of
the year 2000.
Customers benefit when the newer chips are
introduced more rapidly and existing chips are reduced in price. eMachines
Inc., for example, just introduced the $899 eMonster 500A, a new
desktop PC based on Intel's 500MHz Pentium III chip.
- Gateway
quick to launch promotion with AOL partnership
Time: 18:52
EDT/23:52 GMT News Source: News.com
Posted By: Matt
Sabean
Gateway is wasting no time stretching the legs of
its AOL partnership.
Gateway this weekend kicked off a promotion
offering of one year of free AOL access for people buying a Gateway
Essential 400 or 500 PC.
AOL last month invested $800
million in Gateway and entered a broad marketing relationship.
The deal also makes AOL the de facto Internet service provider (ISP)
for Gateway and calls for AOL's service to be marketed alongside the
existing Gateway.net service.
"Clearly it stems from our partnership with
AOL," said Gateway spokesman John Spelich. "What you're
seeing is the rubber meeting the road of the announcement of the
agreement."
But the positioning of AOL also casts a shadow
over the future of Gateway.net, which serves about 600,000
customers. As part of the October agreement, AOL replaced UUNET as
the backbone provider for Gateway.net, ensuring the service will
continue at least in the short term.
- Judge
bars Disney’s Internet logo
Time: 04:08
EDT/09:08 GMT News Source: MSNBC
Posted By: Matt
Sabean
Walt
Disney Co. must stop using the emblem for its Go.com Internet sites
today because the image resembles the one used by the similarly
named GoTo.com search engine, a judge ruled.
In December 1997, GoTo.com began using the logo of
a green circle on a yellow background with the letters “GoTo” in
white.
Nearly two years later, Disney began using a logo
of a green traffic light in a yellow case with “Go” written in
white to link its various Websites under the Go Network heading.
In
February, GoTo.com sued Disney and Infoseek Corp, the entertainment
company’s Internet partner, saying the Go Network emblem confuses
consumers.
U.S. District Judge Terry Hatter agreed Friday,
issuing a preliminary injunction that forces Disney to change its
logo.
- BubbleBoy
to Burst?
Time: 04:06
EDT/09:06 GMT News Source: Wired
Posted By: Matt
Sabean
When it was first discovered earlier last week,
the BubbleBoy virus was alarming, but not a threat. No known copies
existed "in the wild," because BubbleBoy's author sent the
virus code directly to security experts.
But now the virus, launched by simply previewing
infected email in Microsoft's Outlook email program, has been posted
on a Japanese Web site. Malicious virus writers will inevitably copy
it, tweak it, and let loose dozens of potentially nasty variants in
coming weeks, security experts said.
"Tomorrow, this thing is going to be in the
wild," said Keith Peer, president of Central
Command, an anti-virus software maker, on Friday. "We'll
see a whole family of these crop up in the next month and a
half."
Which isn't to say there's cause for personal
alarm. Since BubbleBoy was discovered earlier this week, every major
anti-virus software firm has issued a software antidote. Microsoft
posted a software patch that will thwart the basic mechanism the
virus uses to launch itself (it only affects Windows-based
machines).
- Comdex
Still Draws at 20
Time: 04:04
EDT/09:04 GMT News Source: Wired
Posted By: Matt
Sabean
Before eBay, the Web, America Online, Dell, and
IBM PCs, there was Comdex. But
the granddaddy of all computer trade shows isn’t ready for the
rest home just yet.
As long as such veterans as Microsoft, Sun
Microsystems, and Hewlett-Packard -- and some yet-to-be-discovered
talents -- continue to regard Comdex as the place to show off their
latest, the crowds will keep on coming.
At 20, it's nearly as old as a lot of the 200,000
participants who have descended on this gambling mecca to ogle the
newest innovations and add to their t-shirt collections.
Year One of North America’s largest trade show
featured innovative PC calculating software called
"spreadsheets" and the networking technology known as
"Ethernet." Two decades later, the exhibitors have moved
away from the desktop and to alternative information appliances.
News
Date: Monday 15th November 1999
Today's Top Business Headlines:
Internet News |
- Ask
Jeeves goes live with Net Effect acquisition
Time: 18:02
EDT/23:02 GMT News Source: News.com
Posted By: Matt
Sabean
Ask Jeeves, an Internet search provider, agreed to
buy closely held Net Effect Systems for $288.1 million in stock,
adding a live-help Web-searching service to its arsenal.
Ask Jeeves will exchange 1.84 million shares for
North Hollywood, Calif.-based Net Effect. Net Effect investors will
own 5.5 percent of Ask Jeeves when the transaction is completed.
Ask Jeeves' service allows users to look for
information on the Web by phrasing queries in conversational
English. The company said the acquisition of Net Effect will enable
it to link customers to live experts who can answer questions by
email or telephone.
"The ability to offer live interaction with a
human being at the point when it is most important to e-commerce and
overall customer satisfaction presents a compelling
proposition," Rob Wrubel, Ask Jeeves' chief executive, said in
a statement.
- Lycos
gets into the music groove
Time: 18:02
EDT/23:02 GMT News Source: ZDNet
Posted By: Matt
Sabean
The MP3 beat goes on, as Lycos Music becomes the
latest musical destination site, combining search, downloads and
everything you ever wanted to know about your fave -- and
not-so-fave -- bands.
Following on the heels of what is fast becoming an
Internet portal standard, Lycos Inc. unveiled a new online music
destination site early Monday.
Lycos Music
aims to capitalize on the popularity of the MP3 music format with
new a search feature, downloads and other music-related content.
Larger portals such as Yahoo! (Nasdaq:YHOO)
and America Online (NYSE:AOL)
have already created music hubs in an effort to attract an estimated
24 million Web music enthusiasts.
- Dell
Revamps Web Site
Time: 17:54
EDT/22:54 GMT News Source: PC
World Posted By: Matt
Sabean
By tailoring design to users' expertise, Dell
hopes to improve tech support.
Eager to maintain its leadership in direct PC
sales, Dell is unveiling Monday a complete redesign of its massive
Web site, sporting a less cluttered interface and easier access to
sales and support.
Improving upon the already popular Web site is a
priority for Dell because its research shows people want a good
experience, especially high-quality customer service, more than
anything else. Good prices and quality products are important, but
service tops the list, says Michael Swart, senior manager of
business development.
- CyberSource
causes e-commerce frustration
Time: 17:50
EDT/22:50 GMT News Source: News.com
Posted By: Matt
Sabean
With the holiday shopping season taking off,
merchants using CyberSource's credit card authorization system
swallowed a bitter pill when the company known as the "power
behind the buy button" went offline Friday.
CyberSource
said its systems went down around 9 a.m. PT on Friday and remained
down through the afternoon because of difficulty configuring its
hardware and software.
While a slew of e-commerce sites--including
Beyond.com, eBay and Amazon.com--have experienced intermittent
outages as volume to their sites surges, CyberSource said that it
was not affected by its growing traffic.
"There were no scalability issues
involved," William Donahoo, vice president of marketing, said.
"The interruption was caused by an operational configuration on
our part. It should not have happened."
The glitch even affected the company's backup
systems.
- Wall
Street Nightmares Over Y2K Bug? Not Exactly
Time: 04:07
EDT/09:07 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Seven weeks and counting to the ``Y2K Bug'' that
could stir a lot of millennial anxieties on Wall Street. But the
stock market is not behaving as if it is scared.
It's November and the Nasdaq market has zoomed to
more than a dozen records this month and the Dow Jones industrial
average has recovered nicely after slumping some 10 percent between
August and October.
Indeed, there are no signs of panic in the run-up
to the year 2000, when millions of computers roll over from 1999 and
some may confuse the change to 1900, messing up date-sensitive
functions. The concern has been that disruption on a large scale
could push the economy into recession, stun corporate earnings and
slam the stock market.
Not to worry, say the forward-looking stock
investors, taking a roll of the dice that there will be some
post-Y2K benefits.
- Mexican
Programmer to Start Linux-Based Firm
Time: 04:04
EDT/09:04 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Miguel de Icaza, a Mexican programming whiz who
helped make Unix and the upstart Linux computer operating system
easier to use in a desktop environment called GNOME, has started a
company to develop more Linux-based software.
``We are creating applications like Microsoft
Office, for GNOME,'' the 26-year-old de Icaza said in a phone
interview. ''We have investment. It's exciting and I get to work on
GNOME full time so that's even better.'' The company will be based
in the Cambridge, Mass. area and is expected to have about 12
employees initially.
De Icaza, a wiry, hyper-energetic programmer who
gets teased about how much coffee he drinks, said he is waiting for
his visa to be approved before he moves from Mexico City to the
United States. Just last week, he received an innovation award from
the Massachusetts Institute of Technology.
De Icaza and 300 plus developers have worked in
their spare time to develop GNOME, which is given away free over the
Internet. Now, the company he is founding with Linux programmer and
friend, Nat Friedman, will develop Linux applications, all of which
will be freely available.
News
Date: Friday 12th November 1999
Today's Top Business Headlines:
Internet News |
- Shortage!
Drought in new PIIIs
Time: 16:53
EDT/21:53 GMT News Source: ZDNet
Posted By: Matt
Sabean
Major PC makers say they are having trouble
getting their hands on the 733MHz Pentium III chip, causing shipment
delays.
Computer users with a need for speed are
apparently running into a speed bump.
Major PC manufacturers are reporting shortages of
Intel Corp.'s fastest processor, the 733MHz Pentium III, spurring
some delays in PC deliveries.
An executive at Micron
Electronics Inc. (Nasdaq:MUEI)
said the shortage has become a daily frustration for him and is
forcing the computer maker to "juggle a lot."
- Y2K
is "nonissue" for Web shoppers
Time: 16:25
EDT/21:25 GMT News Source: News.com
Posted By: Matt
Sabean
Most online shoppers are not afraid that Year 2000
computer problems will get in the way of online purchases or
returns, and in fact, retailers expect a record number of online
sales over the holiday season.
"Y2K is a pretty big nonissue as far as
consumers are concerned," said Mark Snowden, senior analyst
with market researcher firm Gartner Group.
When Web users were asked if they have concerns
about buying or returning items online because of Y2K, about 82
percent said no, a Gartner study found. In fact, experts said the
most vulnerable link in the e-commerce chain are the consumer's
individual computers, of which only 55 percent have been upgraded,
according to the study.
But by all accounts, people will be buying online
in record numbers this holiday season.
"Any Y2K fear impact on electronic commerce
is going to be a tiny blip on a screen overrun by new online
buyers," said Art Hutchinson, a consultant with Northeast
Consulting Resources.
- Apple's
new domain names spark interest
Time: 16:17
EDT/21:17 GMT News Source: News.com
Posted By: Matt
Sabean
Anecdotal evidence continues to build suggesting
that Apple Computer is readying a foray into the world of retail.
The company this week registered several Net
domain names that could be related to a retail venture wherein Apple
would open
stores that feature only Apple and related-Mac products.
Apple secured the domain names Shop-Different.com
and Buy-Different.com,
both of which currently lead to the company's main Web page. The
company also registered Apple-Store.net,
which is a variation on the company's current Apple
Store.
Apple's plans for the domain names is unclear.
Apple could not be reached for comment by press time.
The domain name registrations comes at a time when
the company has been sharing ideas with potential partners and hiring
new executives to flesh out plans for retail stores.
- Free
Encyclopedia Web Site Unblocked
Time: 04:22
EDT/09:22 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Britannica.com's
on-again, off-again new Web site is now accessible to the horde of
Internet users who brought it crashing down shortly after its debut
last month.
Just don't everybody use it at once.
Jorge Cauz, senior vice president for sales and
marketing at Britannica.com Inc., said Thursday that the site has
remained up and running since the Chicago firm ``opened the gates''
again last Friday.
Some delays can still be expected when user
traffic is heavy, he cautioned. But capacity is being steadily
increased, and Cauz promised that in the coming weeks the www.britannica.com
site would be able to accommodate even the 10 million users who
besieged it in the first days after its much-publicized Oct. 19
debut.
- Net
companies going into credit card business
Time: 04:04
EDT/09:04 GMT News Source: News.com
Posted By: Matt
Sabean
Taking a cue from the airlines, more Internet
companies are offering their customers "affinity cards" to
entice them to spend online.
Amazon.com and AltaVista this week said they have
entered into separate agreements with credit card companies to
create cobranded credit cards. Offering a choice of Visa or
Mastercard, both will reward customers for every purchase they make
using the cards. The airline industry made the practice famous when
it began rewarding travelers for every mile they flew.
To analysts, the move into credit cards signals a
rite of passage for the rapidly growing e-commerce companies.
Creating a credit card is a common marketing strategy for
traditional retailers, but is comparatively new to the Internet.
Few Web companies have obtained enough customers
to make offering credit cards profitable. It appears Amazon and
AltaVista, with 13 and 8 million customers, respectively, have
reached sufficient size.
News
Date: Thursday 11th November 1999
Today's Top Business Headlines:
Internet News |
- AOL:
You've Got Charisma
Time: 18:44
EDT/23:44 GMT News Source: Wired
News Posted By: Matt
Sabean
Ever since NBC lost Seinfeld, it's pretty much
been downhill all the way.
Now comes word that America Online has surpassed
established television networks like NBC, Fox, and USA Networks to
become one of the nation's most powerful -- and valuable -- media
brands.
Only two television networks -- the Discovery
Channel and The Weather Channel -- ranked higher than AOL in a
"brand equity" survey released Thursday by The Myers
Group. The study measured the value of 70 major TV network and
online brands based on surveys of 6,500 cable/satellite households
that rated 26 different categories.
Falling into line behind AOL were the Learning
Channel, PBS, the History Channel, ESPN, Fox-TV, TVGuide Channel,
and NBC.
- Businesses
get unexpected Y2K bill
Time: 18:37
EDT/23:37 GMT News Source: USA
Today Posted By: Matt
Sabean
Programmer who patented a widely-used solution
wants to get paid
Some businesses that thought they'd fixed their
Y2K problems may still find themselves in for a millennial shock.
Companies that use the most popular technique for
eradicating the Year 2000 bug are getting an unexpected bill for
thousands, even millions of dollars in licensing fees. The man who
invented the process wants to be paid for it.
At least 70% of companies use the process, known
as windowing, to make their computers Y2K-ready, analysts say. Bruce
Dickens, who works at McDonnell Douglas Corp., developed and
patented the technique.
''If it stands, the implications are huge,'' said
Dale Vecchio, Y2K research director at the Gartner Group, a
technology consulting firm. ''Mr. Dickens is going to be a rich
man.''
- E-greetings
continue gold rush
Time: 18:23
EDT/23:23 GMT News Source: News.com
Posted By: Matt
Sabean
The Internet greeting card business continues to
boom, according to a newly release study.
According to PC Data Online, Blue Mountain Arts
showed a 25 percent increase in traffic for October, rising to 21st
place from 29th place, with 9.7 million unique users.
As previously reported, Excite@Home paid
about $780 million to buy Blue Mountain, largely to boost traffic.
And AmericanGreetings.com and Egreetings Networks are planning to
go public. Hurdles remain, however--notably making the sites'
profitable. In addition, competition is becoming more intense.
PC Data's ranking shows that both
AmericanGreetings.com and Egreetings "conspicuously broke into
the monthly top 100 with strong traffic figures."
- Researchers
warn about 'FunLove' virus
Time: 18:18
EDT/23:18 GMT News Source: ZDNet
Posted By: Matt
Sabean
There's nothing tender about the new FunLove
virus.
The virus, technically called W32.FunLove, brought
down the servers of a large company in Europe and has been detected
in companies in the United States as well, according to researchers
at Symantec Corp.'s AntiVirus Research Center.
The good news is that it shouldn't spread all that
fast because it doesn't have the ability to e-mail itself like the
Melissa virus, said Charles Renert, director of research at SARC.
The bad news is that it uses a new way to attack the file security
system of the Windows NT operating system. The virus may also use
the network to spread itself.
- RealNetworks
faced with second privacy suit
Time: 04:04
EDT/09:04 GMT News Source: News.com
Posted By: Matt
Sabean
The case was filed in the Federal District Court
for the Eastern District of Pennsylvania on behalf of RealNetworks'
RealJukebox users, on the heels of revelations
last month that the company had assigned globally unique
identification numbers to its popular music listening software that
could have been used to track its users without their knowledge.
"This action is being filed on behalf of the
millions of users of the RealJukebox software to obtain compensation
and other relief for the violations of federal and state law,"
said Jonathan Shub, an attorney with Sheller Ludwig & Badey,
which filed the case. "RealNetworks must be held accountable
for its conduct."
To quell privacy advocates' complaints and
outcries by consumers, RealNetworks immediately disclosed the use of
ID numbers and then offered
a patch that would replace the IDs with zeroes in its audio
listening products, RealJukebox and RealPlayer 7. The company also
said that it doesn't associate the ID with any user's personal
information or unique listening habits.
News
Date: Wednesday 10th November
1999
Today's Top Business Headlines:
Internet Usage - Intel |
- Calling
911: Emergency systems need Y2K work
Time: 19:38
EDT/00:38 GMT News Source: ZDNet
Posted By: Matt
Sabean
The federal government and vital U.S. services are
ready for the Year 2000 technology glitch but many localities, small
businesses and schools appear poorly prepared, President Clinton's
top Y2K advisor said in a report released Wednesday.
Surveys of more than 2,700 of the nation's
"911'' emergency call centers -- most of which are operated by
local governments -- found that only 50 percent were Y2K compliant
as of Oct. 1, said John Koskinen, chairman of the President's
Council on Year 2000 Conversion.
Although this amounted to a 13 percentage point
increase since June, "it is clear that a significant amount of
work remains for all centers to be ready before January 1,'' he
said.
- Airlines
band together on travel site
Time: 04:10
EDT/09:10 GMT News Source: ZDNet
Posted By: Matt
Sabean
Four major airlines have teamed up to develop a
travel portal site that offers information on airline fares, hotels
and car rentals.
United Airlines, Delta Air Lines, Northwest
Airlines and Continental Airlines have formed a joint venture with
an independent management team to launch the site in the first half
of 2000. Consumers will be able to search by price and look up
real-time departure and arrival information.
The companies also plan to work with hotel firms,
car rental companies, cruise lines and other travel companies, and
will allow other airlines to post their fares as well.
Even as they join forces on this initiative, the
companies involved intend to continue operating their respective Web
sites.
- Intel
not stockpiling for Y2K
Time: 04:07
EDT/09:07 GMT News Source: News.com
Posted By: Matt
Sabean
Chipmaker Intel said today it does not plan to
stockpile inventory in the event of possible Y2K-related problems at
its U.S. and foreign facilities.
Intel said its microprocessor production sites
rely on electricity, water, and power furnished by local private and
governmental suppliers.
A year 2000-related failure of an electricity grid
or an uneven supply of power would be a worst-case scenario that
would completely shut down the facilities, Intel said in a filing
with the Securities and Exchange Commission.
The company said it was working with
infrastructure suppliers for its manufacturing sites, major
subcontractor sites, and transportation hubs to better ensure
continuity of services.
- Study:
More than 100 million Americans use Net
Time: 04:04
EDT/09:04 GMT News Source: News.com
Posted By: Matt
Sabean
The number of adults using the Internet in the
United States surpassed the 100 million mark, a market research
report stated today, with surfers becoming increasingly savvy about
use of the Web.
The Strategis Group, a Washington-based market
research firm, said one half of all adults in the United States now
use the Internet, up from 65 million at mid-1998.
In its Internet User Trends study for mid-1999,
Strategis said users also are becoming more sophisticated in their
Web use.
"Internet users have become savvy," said
Jeff Moore, an analyst with Strategis. "Not only is half of the
population online, Internet users are more experienced and have
become significantly more sophisticated in their use of the Internet
as a tool for communication, commerce, and learning."
Strategis said 77 percent of Internet users send
emails with files or attachments every week, a task that for some
new users can be as difficult as solving a mathematical equation.
News
Date: Tuesday 9th November 1999
Today's Top Business Headlines:
IRS - IBM |
- eBay
spends to eliminate lengthy outages
Time: 16:48
EDT/21:48 GMT News Source: News.com
Posted By: Matt
Sabean
eBay is about to flip the switch on a new backup
system that should eliminate lengthy site outages--and not a moment
too soon for customers and investors.
Within the next few weeks, the leading auction
site will complete the installation of a "parallel recovery
system" that will limit outages to less than 75 minutes,
according to spokesman Kevin Pursglove.
The timing is crucial for eBay, which has recently
suffered a series of outages. As with most e-commerce companies, the
holidays provide an important--if not necessary--bump in revenues.
Last year, for example, a big jump in auction
activity in the December quarter lifted eBay revenues 642 percent
compared with the previous year.
- IRS
to forgive some Y2K-related delays
Time: 04:30
EDT/09:30 GMT News Source: News.com
Posted By: Matt
Sabean
The Internal Revenue Service said today it will
offer relief for taxpayers snagged by the Year 2000 computer glitch
despite genuine efforts to prepare their systems.
"We recognize that some businesses may be
unable to fulfill their tax obligations because of Y2K-related
matters beyond their expectations or control," IRS commissioner
Charles Rossotti said in a statement.
The chief focus of the relief measure to be
announced next month is business, not individuals, because companies
face more immediate payment deadlines, said Don Roberts, an IRS
spokesman.
- IBM
plans PCs with new look and feel
Time: 04:25
EDT/09:25 GMT News Source: News.com
Posted By: Matt
Sabean
IBM is betting customers want more style and
simplicity, joining its leading rivals in revising PC design.
Early next year, Big Blue will launch a new line
of commercial PCs, code-named EON, that are easier to manage and
network than current computers, according to sources close to the
company.
Some of the models will include built-in,
"flat panel" screens; gone will be the "legacy"
connectors common on today's PCs, such as parallel and serial ports.
More interestingly, some systems may come without Microsoft's
ubiquitous Windows operating system.
The departures come as PC companies try to add a
bit of dash, without much additional cost, to their products.
Earlier today, HP announced the e-PC, an upcoming business PC in an
small and attractive but completely sealed case. Later this week,
Compaq Computer is slated to take the wraps off stylish new business
systems. Dell has already previewed a modular PC code-named
"Webster."
News
Date: Monday 8th November 1999
Today's Top Business Headlines:
Internet News |
- Toys
"R" Us outage in second day
Time: 17:35
EDT/22:35 GMT News Source: News.com
Posted By: Matt
Sabean
A severe outage at the Toys "R" Us Web
site stretched into a second day this morning, underscoring concerns
raised about the company's ability to adapt to the high demands of
electronic commerce.
The outage began around midday
yesterday or possibly earlier. The site
was accessible at rare intervals last night, but many other attempts
to enter it were met with at least four types of "error"
messages and apologies that asked visitors to come back later.
This morning, the site carried a message that
greeted many would-be shoppers yesterday: "Due to the
overwhelming popularity of the BIG BOOK of savings, we have had to
limit the number of guests to our Web site...Please accept our
sincere appologies [sic] and try again later."
- Cobalt
IPO hits almost 500 percent
Time: 04:07
EDT/09:07 GMT News Source: ZDNet
Posted By: Matt
Sabean
Cobalt Networks Inc., makers of Linux
server-in-a-box, launches third biggest IPO ever, shares shooting up
482 percent.
Shares of Cobalt Networks Inc., the maker of a
small, blue server-in-a-box, soared almost 500 percent Friday in its
initial public offering, making it the third biggest initial public
offering ever.
The Mountain View, Calif.-based company develops
low-cost, compact server appliances for running Web sites and e-mail
that are easy to install. Cobalt servers, one which is called Qube,
also run the Linux operating system, the free upstart operating
system that competes with Microsoft Corp.'s Windows.
"They've got all the magic words between
appliances and Linux, but there is also some meat behind this. It's
not just smoke and mirrors, it's a real business," said Irv
DeGraw, research director at WorldFinanceNet.com. "We're seeing
more and more of these companies moving away from ephemeral
"dotcom" businesses and getting into real
businesses."
- Women's
sites seek to separate from crowd
Time: 04:05
EDT/09:05 GMT News Source: News.com
Posted By: Matt
Sabean
Women are manning the Net in greater numbers, but
if the growing crop of "she" sites wants to avoid looking
like a chain of paper dolls, they must cut themselves apart from the
competition.
As indicated by this month's stellar public
offerings by Martha Stewart Living Omnimedia and Women.com, big
money is behind Net sites targeting women, who now log onto the Net
at the same rate as men and more so when it comes to services such
as America Online.
Despite healthy investments and a massive
potential audience, analysts say that these sites still must
distinguish their content and services from one another if they want
to increase traffic and build a significant customer base to offer
e-commerce services.
"We've long argued that there needs to be
more differentiation between these sites," said Anya Sacharow,
an analyst with Jupiter Communications. "If you think about all
the different magazines on a newsstand, for example, there is
clearly a difference between Vogue, Self, and Cosmopolitan."
- Sprint,
MyPoints.com join forces
Time: 04:00
EDT/09:00 GMT News Source: News.com
Posted By: Matt
Sabean
Long distance firm Sprint will sign a deal with
Web marketer MyPoints.com tomorrow to allow Sprint customers to earn
online prizes for using its phone service.
This kind of incentive plan is becoming
increasingly common in the hyper-competitive long distance industry,
as companies try to maintain their customer base. Sprint and MCI
WorldCom already have plans in which customers can earn airline
frequent flier miles by placing calls, or simply earn credit against
their phone bills.
But the "points" model--in which a Web
surfer can earn points for patronizing advertisers, and can then
spend those points on products or gift certificates--is also popular
online, as portals like Yahoo and Excite@Home add it to their list
of services.
News
Date: Friday 5th November 1999
Today's Top Business Headlines:
Nasdaq - eBay - AOL |
- Delays
hurting Handspring's Visor sales
Time: 18:05
EDT/23:05 GMT News Source: News.com
Posted By: Matt
Sabean
You
may want to take Handspring's new Visor device off your holiday
shopping list.
Handspring
will most likely not be able to deliver for many holiday shoppers
this year, the handheld computing start-up concedes, as it is still
grappling with overwhelming demand for its new device.
Visor, which is currently only available through
Handspring's Web site, is back-ordered by up to two months in some
cases, and even customers who order it today should not bet on
receiving the device in time for the holidays.
The impact of missing out on the highest-volume
sales period of the year is unclear, analysts say. Most companies
who sell to consumers count December as their biggest month.
Handspring, however, argues that it never intended to make a huge
promotional push this holiday season and is thus on track with its
original marketing vision.
"We're not positioning the Visor as a holiday
gift, and we never did," said Allen Bush, a spokesman for
Handspring. "We knew when we got up that we weren't going to be
a big Christmas product."
- Nasdaq
To Launch In Europe, Cover The Globe
Time: 07:00
EDT/12:00 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Nasdaq, the electronic U.S. stock market favored
by many high-tech companies, said Friday it would launch in Europe
next year, putting the final piece in place for coming
round-the-clock, round-the-globe trading.
Nasdaq-Europe will be based in London, where
finance minister Gordon Brown hailed the move as a boost for
Europe's economy and for businesses seeking to raise capital. It has
enlisted backing from Softbank Corp of Japan, Rupert Murdoch's News
Corp's venture capital e-partners and Vivendi of France's fund
Viventures.
Fund managers also welcomed Nasdaq, which will use
new and old techniques -- an electronic order book and market makers
-- when it opens in Europe in the fourth quarter 2000.
``Nasdaq-Europe is an important step in creating
an electronic global stock market for the benefit of companies and
investors around the world,'' said Frank Zarb, head of the bourse's
owners, the National Association of Securities Dealers.
- Ebay
Raises Stakes in Auction Dispute
Time: 04:35
EDT/09:35 GMT News Source: New
York Times Posted By: Matt
Sabean
Raising the stakes in a dispute that has important
intellectual property implications for the digital age, Ebay
Thursday blocked access to its site from the computers of AuctionWatch.com,
a service that lists items for sale from Ebay and other online
auction houses.
AuctionWatch.com is one of a handful of so-called
auction aggregators -- Web services that permit visitors to search
for items for sale at multiple auction sites. Ebay asserts the
aggregators should not be allowed to publish details about Ebay
auctions without license or permission, and on Thursday took
definitive action to prevent the practice.
On Thursday, after weeks of negotiation broke down
between the two companies, Ebay blocked access to its site from 7
AuctionWatch.com servers, laying the groundwork for an almost
certain lawsuit from AuctionWatch.com.
- Lawsuit
Says AOL Shuts Out the Blind
Time: 04:30
EDT/09:30 GMT News Source: New
York Times Posted By: Matt
Sabean
In a test of the idea that virtual spaces must by
law be readily accessible to people with disabilities, a major
organization representing the blind filed suit against America
Online Inc. on Thursday, saying that its online service is
almost impossible for blind people to use.
The suit, which accuses AOL of violating the
Americans with Disabilities Act, was filed in Federal District Court
in Boston by the National
Federation of the Blind, along with the organization's
Massachusetts chapter and nine individuals who are blind. The
organization is a nonprofit group based in Baltimore that has 50,000
members nationwide.
In bringing the suit, the group hopes to spur
increased accessibility for Web sites and other online offerings as
information, commerce, education and other vital services move into
cyberspace, said Marc Maurer, president of the National Federation
of the Blind, in a telephone interview Wednesday.
"There has to be a way for everybody to be
able to use this growing body of digital information," he said.
"I believe this lawsuit will help shape the future of digital
information for years to come."
- Net
name registry sues for rights to ".web"
Time: 04:25
EDT/09:25 GMT News Source: News.com
Posted By: Matt
Sabean
An ongoing tug-of-war over the right to be the
offical registry for Net addresses ending in ".web" landed
in federal court today, with Image Online Design suing the Internet
Council of Registrars (CORE) for unfair competition and trademark
infringement.
Image Online
Design, which has been seeking the exclusive right to run an
officially sanctioned ".web" domain name registry since
1996, claims that competitor CORE
has improperly marketed itself as a prospective ".web"
registrar.
Representatives from CORE, a nonprofit membership
association of domain name registrars based in Geneva, Switzerland,
could not immediately be reached for comment on the suit.
In an interview, Image Online Design founder Chris
Ambler said that his company has applied for a trademark on
".web" and claims to have priority on the mark.
The company may have a hard time making that claim
stand in court, however. In September, the U.S. Patent and Trademark
Office published guidelines for trademarking Web addresses, in which
it recommended against providing protection for so-called top-level
domains such as ".web."
- Amazon
spreads auctions to Europe
Time: 04:00
EDT/09:00 GMT News Source: News.com
Posted By: Matt
Sabean
Amazon.com, the top Internet retailer, said it
started auction services and shopping malls on its German and
British Web sites, in time for an expected increase in online
shopping by Europeans this holiday season.
Amazon.com, which started selling
music in Europe last week, said British and German companies can
list items on aShops, an area on its Web site. British and German
consumers can also sell their goods on the auction sites. Goods can
be sold to any of Amazon.com's 13 million worldwide users.
News
Date: Thursday 4th November 1999
Today's Top Business Headlines:
AOL |
- Gateway
to sponsor Salt Lake City Games
Time: 04:38
EDT/09:38 GMT News Source: News.com
Posted By: Matt
Sabean
Gateway announced it has been chosen as the
official computer hardware sponsor of the 2002 Olympic Winter Games
in Salt Lake City, Utah.
The "direct sales" PC manufacturer
replaces International Business Machines as the Olympics' computer
partner. Big Blue decided not to renew its sponsorship because of
what it said was a too-hefty price tag.
Under the deal, Gateway will supply more than
5,000 computers to the Olympic organizers to help provide event
results and standings and statistics to officials, athletes, and
media. In return, Gateway will be able to use the Olympic name in
its advertising and marketing campaigns.
- Net
gambling ban progresses
Time: 04:03
EDT/09:03 GMT News Source: USA
Today Posted By: Matt
Sabean
A U.S. House subcommittee on Wednesday voted 5-3
to ban sports and casino gambling over the Internet while shielding
Internet providers like American Online Inc., AT&T Corp. and MCI
WorldCom Inc. from liability.
Under the measure, approved by the House Judiciary
subcommittee on crime, it would be illegal to place or receive bets
on the Internet. Anyone engaged in an Internet-based gambling
business could be fined the value of a placed bet or $20,000,
whichever is greater, and could face a maximum four-year prison
sentence. A Senate panel has approved a similar measure.
- AOL
Buys Stake in Blockbuster.com
Time: 04:00
EDT/09:00 GMT News Source: New
York Times Posted By: Matt
Sabean
America Online, perhaps the world's best-known
Internet company, is expanding its presence in the real world. The
company announced on Wednesday that it will pay $30 million for an
estimated potential stake of 3 percent in Blockbuster.com, a newly
created subsidiary of Blockbuster, the video rental arm of Viacom.
The move, intended to buy exposure in
Blockbuster's 65 million retail stores, is in part another step in
AOL's campaign to creep into the world outside the Internet and lure
the Web-wary to join its 19 million members. It follows similar
deals like the "You've Got Pictures" joint promotion in
Eastman Kodak stores. But the companies also said they will work to
develop broadband technology, which could allow AOL to sell or rent
movies over the Internet.
News
Date: Wednesday 3rd November 1999
Today's Top Business Headlines:
Internet |
- NSI
rivals try to stop Net name agreement
Time: 17:34
EDT/22:34 GMT News Source: News.com
Posted By: Matt
Sabean
Jockeying for a bigger slice of Network Solutions'
".com" sales, some new Internet name registrars are today
trying to derail the approval of NSI's crucial agreement with the
body in charge of the Net's address system.
The registrars are airing a firestorm of
complaints today to try to alter the agreement during the first
annual meeting here of the Internet Corporation for Assigned Names
and Numbers (ICANN).
At the heart of the protest is registrars'
complaint that they can't truly compete with Network Solutions
(NSI), which already has a grip on almost 6.5 million Net name
registrations and has first shot at many of those coming up for
renewal. Brokered by the U.S.
government, the naming agreement makes it clear that NSI, which had
an exclusive government contract to register Net names, will abide
by the rules of ICANN. ICANN was recognized by the U.S. government
last November to administer the Internet's core technical functions
and to foster competition with NSI.
Under the deal, NSI also has agreed to help fund
the body--a contribution that could exceed $2.25 million per
year--and to break its business into two pieces: a retail side that
would compete with new registrars and a wholesale side known as
NSI's registry.
- Community
Updates
Time: 05:00
EDT/10:00 GMT News Source: ActiveWindows Posted By:
Matt
Sabean
Just another reminder about signing up for our ActiveWindows
Community on MSN. It allows you to chat with us in our chat room
or via our message board, it also lets you post your own
screensavers and backgrounds for other ActiveWindows readers to
download.
So please don't hesitate to join our community--we
would love to have you! We are currently the largest Windows site on
the MSN community list. Who will be our three-hundredth member?
We have an upcoming chat taking place on Saturday
November 13th at 7pm EST 12pm GMT, we will all be there.
- U.S.
Postal Service set to aid online returns
Time: 04:24
EDT/09:24 GMT News Source: News.com
Posted By: Matt
Sabean
The U.S. Postal Service will announce tomorrow
that it has created a service to let Internet shoppers return
merchandise without facing much of the inconvenience involved in
online returns.
The Postal Service created the system software for
purchase by e-commerce companies, which then can integrate the
technology into their own Web sites. Once the system is available on
a shopping site, customers can return unwanted merchandise to the
online company without delays or lengthy phone conversations with
customer service.
As part of an effort to keep up with the
fast-paced Internet businesses, the Postal Service created the new
software to streamline the return process for e-commerce companies
and their customers.
In order to make a return with the new system, a
customer must visit the site where the purchase was made and fill
out a short form.
- Bidder's
Edge defies eBay legal threat
Time: 04:05
EDT/09:05 GMT News Source: ZDNet
Posted By: Matt
Sabean
Online auction portal Bidder's Edge said Tuesday
that it has re-listed items from eBay Inc. in its search site,
despite a warning from the online auctioneer.
Last month, eBay
(Nasdaq: EBAY)
cracked down on auction portals that allow users to search multiple
portals for items. eBay claimed that the listings on its site were
intellectual property and sent cease and desist letters to
third-party search engines that were scanning its site.
In many cases, the sites were presenting results
that linked directly to the item for sale, bypassing eBay's home
page.
Many of the sites, including Bidder's
Edge, backed down. That company actually took out an ad in major
newspapers asking bidders to please list their items directly on the
Bidder's Edge site.
But the company has now reversed that decision,
said cofounder and vice president of technology Peter Leeds.
- Happy
New Year: Y2K viruses ready
Time: 04:00
EDT/09:00 GMT News Source: ZDNet
Posted By: Matt
Sabean
More than 30,000 threats from computer hackers and
virus writers who say they will release new viruses to herald the
new year and the new millennium have been logged by the FBI and
other law enforcement groups, said Lou Marcoccio, worldwide research
director at the technology consulting firm Gartner Group.
"Most of these threats will probably amount
to nothing,'' Marcoccio told Reuters after addressing a community
banking industry convention in Orlando.
"But if just five or 10 viruses are released
at the same time, that would overwhelm the ability of ... companies
that produce the fixes. It could cause substantial productivity
losses.''
In the case of the Melissa virus earlier this
year, most computer users, whether individuals or corporations, were
able to protect their e-mail and messaging systems because code
writers could replicate the virus and distribute the fixes before
the virus' release date.
News
Date: Tuesday 2nd November 1999
Today's Top Business Headlines:
Apple |
- eBay
zapped by third outage in three days
Time: 16:29
EDT/21:29 GMT News Source: News.com
Posted By: Matt
Sabean
eBay suffered its third outage in three days this
morning, as technical problems continue to plague the preeminent
online auction house.
eBay spokesman Kevin Pursglove said the company
took down its servers at 4:38 a.m. PT and had the company's backup
system up and running in place of its main system around 6 a.m.
But many eBay users reported having trouble with
the site before and after the official outage. On the eBay message
boards, users spoke out against the continued problems: "I love
your newest feature," one user wrote. "No access to my
auctions, no photos, no bids, no searching, no refunds…and no
sales!"
Pursglove said today's outage was similar to the
ones the company has had throughout the last
two days, which were previously reported by CNET News.com. eBay
noticed a slowdown on its system because its computers were
generating an "artificial load," which creates a simulated
increase in Web site traffic. To reset the system, the company
replaced its main network with a parallel system, called a
"warm backup."
- Net
name body meets amid heavy scrutiny
Time: 16:25
EDT/21:25 GMT News Source: News.com
Posted By: Matt
Sabean
When the body in charge of the Net's technical
underpinnings convened a year ago, it was under siege by critics
about everything from how its board members were picked to the
breadth of its power.
As it kicks off its first annual meeting here
today, the Internet Corporation for Assigned Names and Numbers (ICANN)
still hasn't escaped the watchful eyes of stakeholders in the Net's
critical address system--but it's safe to say that it has made
progress.
ICANN was recognized by the U.S. government last
November to administer the Internet's core technical functions and
to foster competition to Network Solutions (NSI), which has
dominated the domain name registration market thanks to an exclusive
government contract.
During its meeting here through Thursday, ICANN's
board and supporting organizations will hammer out some, but not
all, of the issues facing the organization.
Among the issues on the agenda is the
establishment of an at-large membership made up of at least 5,000
everyday Net users, who will be able to affect ICANN's policies and
board elections.
- Apple
to make graphics chip buy
Time: 04:10
EDT/09:10 GMT News Source: News.com
Posted By: Matt
Sabean
Apple Computer is in the final stages of acquiring
all or part of Raycer Graphics, a graphics chip designer, in an
apparent bid to strengthen the 3D capabilities of Apple computers,
sources said.
The motive for the acquisition in not completely
clear, said observers, but the purchase could be part of a plan on
Apple's part to bring "integrated" processors and chipsets
to the Mac platform. Integrated processors or chipsets fuse the
graphics chip into other basic silicon. Integrated chips don't
deliver the same performance as separate chips, but they are
cheaper.
- Taiwan
Microchip Makers Say No Damage From Quake
Time: 04:02
EDT/09:02 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Taiwan's two top semiconductor makers -- world
leaders in made-to-order ``foundry'' chipmaking -- said a strong
early Tuesday earthquake caused no damage to their sensitive
fabrication systems and that production was normal.
Similarly, there were no reports of damage or
production stoppages at any other major technology exporters.
Taiwan Semiconductor Manufacturing Corp, the
world's top microchip foundry, said the quake caused no damage and
did not interrupt power, the main cause of losses in a major quake
six weeks ago.
News
Date: Monday 1st November 1999
Today's Top Business Headlines:
E-Commerce - Y2K |
- AltaVista
directory loses search results
Time: 18:45
EDT/23:45 GMT News Source: News.com
Posted By: Matt
Sabean
Web portal AltaVista has temporarily stopped
updating its search directory pending technology upgrades, the
company confirmed today.
AltaVista builds its search directory in two ways.
The service has developed its own technology to "crawl"
the Web for links to add to its search results, and it also lets
users submit URLs for inclusion in an index, increasing the
likelihood that a specific Web site will show up in a keyword
search.
"We're in the process of creating a new
index," said Tracy Roberts, director of marketing for AltaVista
Search. "And when the index is stable, we'll [update] the
URLs."
Roberts said that withholding Web link submission
is a common practice when the company decides to refresh its index.
She said that AltaVista will begin adding the link
submissions-in-waiting starting today, but she declined to comment
on how long submissions have been sidelined.
- Trend
Micro reveals hacker-proof Y2K software
Time: 18:24
EDT/23:24 GMT News Source: News.com
Posted By: Matt
Sabean
Trend Micro will launch a new product next week to
provide Y2K protection against a possible outbreak of computer
intruders that could hit at the end of this year, officials said.
While many companies have prepared for the
possible failure of computers to read the "00" of the new
year, the so-called "Y2K Bug," Trend Micro said many users
are not protected against attacks from malicious code writers trying
to damage computer systems over the same time period.
"We expect hoaxes and misinformation to be
coming around the new year, causing lots of problems," said Dan
Schrader, vice president of new technology for Trend. "We're
already seeing signs of this happening."
He cited industry studies showing that viruses and
other computer intrusions have cost companies $7.6 billion in the
first half of this year and, "we're expecting a further run-up
at Y2K."
Malicious virus writers tend to exploit computer
systems at vulnerable periods--like the Y2K changeover.
- Will
E-Commerce Be Able To Deliver?
Time: 05:29
EDT/10:29 GMT News Source: Yahoo
Daily News Posted By: Matt
Sabean
Amid an expected explosion of online shopping this
holiday season, thousands of companies have readied themselves to
take our money for everything from books and records to clothes and
cars, but will they be able to deliver the goods?
Analysts say many companies are not doing much
more than keeping their fingers crossed. And even those who have
invested millions in order ``fulfillment'' systems could be stymied
by simple human error, a recent experience with ordering online
found.
``Delivering the goods is going to be a huge
problem for some companies,'' said Malcolm Maclachlan, media
e-commerce analyst at International Data Corp. ``I don't know what
to predict, but it seems pretty clear some commerce sites will not
be prepared for the crush of business.''
Many Internet shopping sites went to work right
after the Christmas season ended last year to prepare for this
year's holidays, when research firm Jupiter Communications predicts
online sales will top $6 billion.
- Community
Updates
Time: 04:46
EDT/09:46 GMT News Source: ActiveWindows Posted By:
Matt
Sabean
Just another reminder about signing up for our ActiveWindows
Community on MSN. It allows you to chat with us in our chat room
or via our message board, it also lets you post your own
screensavers and backgrounds for other ActiveWindows readers to
download.
So please don't hesitate to join our community--we
would love to have you! We are currently the largest Windows site on
the MSN community list.
We have an upcoming chat taking place on Saturday
November 13th at 7pm EST 12pm GMT, we will all be there.
- IRS
acknowledges Y2K headaches
Time: 04:05
EDT/09:05 GMT News Source: MSNBC
Posted By: Matt
Sabean
The Internal Revenue Service is admitting it still
has potential so-called “trouble spots,” and is not quite ready
for the year 2000. The IRS was not even sure how many individual
computers it had. But the nation’s tax collector told Congress on
Friday that it was confident it would indeed be ready and added that
the key equipment that processes returns had been fixed and tested
for the Y2K computer problem.
WITHOUT THAT FIX, IRS spokesman Paul Cosgrave
said, “we literally would not have been able to process tax
returns.”
But if there continued to be so-called “unexpected”
breakdowns, should taxpayers be concerned?
“I would think the major concern would probably
be around whether they are going to get their refund on time,”
Cosgrave said Friday, explaining that if the computers quit, refunds
would have to be processed by hand.
- President
to take questions via Internet
Time: 04:02
EDT/09:02 GMT News Source: Nando
Times Posted By: Matt
Sabean
President Clinton plans to take questions on the
Internet next month in a format allowing computer users to view his
responses on live video. The Nov. 8 session is sponsored by the
Democratic Leadership Council, the moderate political group that
Clinton once headed when he was governor of Arkansas.
White House officials said the session will
include Democratic office holders and leaders from a number of
states discussing, along with Clinton, a range of issues including
education, crime and civil government.
Internet users also will participate.
Read more of the past months news in
our News Archive
for September and October News.
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