25th November 1998 Archive
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Ziff shares soar – ZDNet IPO ahoy?
A mysterious overnight twitch of ZD shares has cheered up Softbank stock today
Shares in Japanese combine Softbank have risen sharply in Tokyo today, following substantial gains in the share price of its US subsidiary, Ziff-Davis, overnight. PC publisher and owner of ZDNet Ziff-Davis gained around 30 per cent, but had no comment on why. The company went public earlier this year at $17 a share, but more …
Business 25 Nov 1998, 09:49
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'Buy AMD or NatSemi,' Microsoft exec told Gates
A superficially barking suggestion might have made sense if Microsoft thought the DoJ was on the run
Microsoft OEM division senior VP Joachim Kempin seems to be a specialist in thinking the unthinkable, being a loose cannon, or both. Last week his radical recommendation that Microsoft move over to a rental model for its software became public (Click for story), and now it emerges that at the same time he was suggesting …
Business 25 Nov 1998, 09:51
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PointCast finds strategic investor – at last
Troubled push provider also drops Mac support
Troubled 'push' software developer PointCast said yesterday it is close to winning the support of an unnamed strategic investor as it strives to turn a profit. The company also said it is dropping the Mac from the list of platforms it supports. Push technology emerged two years ago as a solution to so-called 'information …
Business 25 Nov 1998, 11:30
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Lucent buys Pario
Remote access specialists' software to be integrated into Radius ABM
Lucent has added Pario Software, a developer of security software to police remote access to IP networks, to its list of acquisitions. The terms of the deal have not been released, although a spokesman said it was in the region of several million dollars. Pario will become part of Lucent's remote access products group, which …
Business 25 Nov 1998, 11:43
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Transarc APS to support Linux
IBM offshoot claims move is a response to customer demand
IBM's Transarc subsidiary is embracing Linux -- it is lining up versions of its AFS client and server products based on the freeware Unix derivative. The company also said it is delaying the NT release of AFS 3.5, file management software designed to manage unstructured data, until February 1999, when it will release not only …
Business 25 Nov 1998, 11:54
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DoJ fights bid to strike Apple evidence
Argues against Microsoft claim that Tevanian evidence is hearsay
The DoJ has just filed its Opposition to Microsoft's 10 November Motion to strike the evidence of Apple VP Avie Tevanian. It argues that Tevanian has direct personal knowledge of the QuickTime/Windows incompatibilities and their nature, and was personally involved in efforts to fix the problems. Microsoft had contended that …
Business 25 Nov 1998, 11:57
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Novell Q4 figures top Wall Street expectations
Revenue, profit up on Q3 1998, Q4 1997
Novell has announced Q4 profits of $42 million on revenues of $298 million. The profit translates to a 12c per share, 30 per cent up on the 9c a share Wall Street had anticipated. In the previous quarter, it recorded profits of $26.5 million on sales of $272 million. For the full fiscal year, Novell made $102 million (29c per …
Business 25 Nov 1998, 12:12
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Government e-commerce bill draws praise and fire
Blair administration to encourage e-commerce yet police will be able to override security measures
The British government's crusade to get rid of hereditary peers, and the appearance of Jamie Lee Curtis in the Lords may have grabbed the headlines, but this does not diminish the importance of the proposed Electronic Commerce Bill outlined in yesterday's Queen's Speech. For some people in the industry it's enough that the …
Business 25 Nov 1998, 12:33
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Hack steals Toshiba giveaway
Ethics... isn't that next door to Suffolk?
Toshiba's laptops proved to be more portable than most last night. A top-of-the-range Tecra 8000 DVD was stolen from a press function, allegedly by a computer journalist. The laptop, worth around £3,000, vanished around 11.30pm, Toshiba's press office revealed. Three notebooks were on display for journalists to peruse, with the …
Business 25 Nov 1998, 12:44
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Journalist dies of septic shock – Comdex press food suspected
He and a colleague seem to have got serious food poisoning, somewhere in Las Vegas
A Californian computer journalist died on Monday of septic shock after a week at Comdex in Las Vegas, reports the San Jose Mercury. He was admitted to Las Vegas' Desert Springs Hospital on Friday suffering from nausea, diarrhoea, dehydration and high fever. According to the Mercury, the journalist, 68 year old Gerald Hewitt, is …
Business 25 Nov 1998, 13:08
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AOL Netscape deal questions open source commitment
Mozilla reckons its safe, but AOL's past and future plans suggest otherwise
AOL's acquisition of Netscape has thrown the latter's commitment to open source software into doubt and could provoke a battle royal over just who owns its browser technology. Back in January, Netscape finally conceded that, with Microsoft shipping Internet Explorer free of charge, it would have to do the same for Communicator. …
Business 25 Nov 1998, 14:04
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Corel to standardise Linux machines on KDE GUI
NetWinders using KDE scheduled to ship next year
Corel is adopting the K Desktop Environment (KDE) GUI for its NetWinder Linux thin client and thin server machines. The company said today it would participate in the KDE Project, and that NetWinders running KDE would be available next year. Corel already offers a Red Hat-based version of Linux on NetWinders, and recently said …
Business 25 Nov 1998, 16:00
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Permafrost for Microsoft Permatemps
Capital dumps on labour(or is this too Marxist for our American readers)
Microsoft US is to tighten temp hiring procedures, following a court ruling that so-called "permatemps" are employees in all but name and entitled to full-time benefits. The company is attempting to close the loophole, by lengthening its forced employee lay-off policy and expanding the categories of workers affected. It is to …
Business 25 Nov 1998, 16:57
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Shepheard leaves Gateway flock
Red sky in the morning, Shepheard's warning
John Shepheard has resigned from Gateway, following the appointment of a senior VP at the vendor. Shepheard, director of sales for Gateway Europe, Middle East and Africa, left last week after four years at the vendor. The company stressed the appointment of Todd Bradley to senior VP of Gateway EMEA and Shepheard's departure were …
Business 25 Nov 1998, 17:32
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BT buys 50 per cent share in Excite UK
Telecoms giant sets out its Web stall
BT's decision to buy a half share in the UK arm of Web portal Excite is a clear signal that the Internet is to form a major part of BT's future strategy. The $10 million investment was announced today amid speculation that it is the first time such an active and close relationship has been forged between an UK company and a …
Business 25 Nov 1998, 17:38
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Aureal takes 3D API battle to Europe
Games developers targeted
Aureal has opened a new European battlefront in the 3D sound chip war against Creative Labs. The 3D sound chip developer is gunning for the games developer community to take on its 3D API and has appointed a local sales repper to spread the gospel in Northern Europe. Roy Taylor and John Byrne, owners of VML Europe, have set up a …
Business 25 Nov 1998, 18:46
