9th March 2000 Archive
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IT Network eyes up US market
Expansion ahead and profit just around the corner
The ITNetwork has outlined plans for expansion overseas and into other business sectors. Speaking yesterday, newly appointed CEO Rob Wirszycz said: "We aim to announce a new vertical market in the next few days for the IT Network". Which should continue to send parent company InterX's share price soaring. Wirszycz added that one …
Business 9 Mar 2000, 09:30
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Loki, Creative launch ‘OpenGL for 3d audio’
But will OpenAL find support among DirectX users?
Linux games publisher Loki and sound card vendor Creative Technologies have co-released an open source 3D audio equivalent of SGI's 3D graphics standard, OpenGL. Called - surprisingly enough - OpenAL, the audio API will be offered as a cross-platform technology. So while it will naturally find favour among Linux users, who have …
Business 9 Mar 2000, 10:47
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Silverberg heads clutch of MS defectors at VC outfit
Lads with shared shady past and Softbank e-bucks aim to boost wireless startups
Brad Silverberg, the top Microsoft exec who piloted Windows 95 to launch and then sat in his tent on "extended leave" for two years, has popped up again as head of Ignition, a sort of post-PC VC outfit specialising in wireless. The company, which has initial working capital of $140 million, is also backed by Qualcomm, Softbank …
Business 9 Mar 2000, 10:55
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Sony disputes PlayStation 2 Memory Card recall
There's still an MC/Ridge Racer problem, though
Sony has denied claims that it is recalling all of the 8MB Memory Cards that have shipped with its newly launched PlayStation 2. That’s the story that emerged yesterday along with reports that duff MCs were corrupting the console's DVD driver software - stored on the card - and preventing the unit from working correctly. As we …
Business 9 Mar 2000, 11:15
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Intel 840 chipset problem hits third parties
Stone the crows, it's Carmelgate...
Problems with the i840 chipset are not just confined to Intel's own motherboards, it has emerged. Two days back we reported that system builders and distributors were very unhappy with Intel because of glitches in motherboards and the complete lack of any platform for the newer Xeons. When Intel introduced the i840 chipset ( …
Business 9 Mar 2000, 11:31
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IBM to test people-sniffing tech in UK supermarket chain
Is it Safeway? Betcha...
IBM is planning to unleash people-sniffing technology on supermarket shoppers, according to a report at beyond2000.com. The "Footprints" system equips the supermarket (or any other location you might fancy) with arrays of thermal sensors, which then track the movements of individual consumers throughout the store. Not a lot of …
Business 9 Mar 2000, 11:32
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Dell hits No 1 in global PC market
Now it fancies a piece of the server action
The Dell juggernaut keeps on rolling, with the latest market share figures from IDC putting the demon of the direct sales model at the top of the worldwide PC hit parade. Both the desktop and portable markets are now Dell's, IDC reckons, with the fourth quarter of 1999 seeing particularly rapid growth in sales. In the portable …
Business 9 Mar 2000, 11:57
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Sony set to get green light on e-bank by 31 March
The man from the Japanese regulator, he say 'yes'
Sony should find out whether it will be allowed to set up its own e-bank by 31 March. That's the date by which Japan's banking regulator must announce whether it has granted the company a licence that allows it to offer consumer credit and savings services. The consumer electronics giant's plans to break into the Internet …
Business 9 Mar 2000, 12:09
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World Online buys Localtel, launches unmetered service
Another day, another flat-fee Net access announcement
World Online is set to offer flat-fee access to the Net following the acquisition of telco Localtel and its ISP, Screaming.net. Financial details were not disclosed. The deal follows hard on the heels of other UK acquisitions, including Telinco and bun.com (which gave the company a UK subscriber base of 400,000). Launched in …
Business 9 Mar 2000, 12:12
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Falling prices squash Fujitsu profits
Didn't sell as much kit as it hoped to either
Fujitsu has issued a profit warning in the face of falling PC prices and disappointing mobile phone sales. The Japanese vendor warned that it may fall short of both its profit and sales forecasts for the financial year ending this month. "Our hardware equipment did not sell in Japan and overseas as much as we expected," said a …
Business 9 Mar 2000, 12:22
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Janet Reno would curb press freedom on line
Damn the Constitution, there are children in danger
Constitutional protections of the press are getting in the way of cyber-crime prosecutions and may have to be reconsidered, a White House committee chaired by US Attorney General Janet Reno believes. "With the advent of the Internet and widespread computer use, almost any computer can be used to 'publish' material. As a result, …
Business 9 Mar 2000, 12:23
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AOL hits out at BT
Come on BT, what you got to say for yourself?
AOL UK has taken off the gloves and given BT a bloody nose over its new pricing policy for its wholesale SurfTime product. Speaking exclusively to The Register, Matt Peacock, director of corporate communications at AOL UK, explains why BT's latest offering will be rejected by ISPs in Britain. Peacock's statement to BT: "This …
Business 9 Mar 2000, 12:51
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DRAM spot, contract price gap grows
30-day rolling averages show prices falling
The gap between DRAM contract and spot prices continued to widen last month, according to a survey by ICIS-LOR. The contract 30-day rolling average for 64MB DRAM (PC-100 8x8) chips between 20 January and 18 February was $7.97 in the US, $8.27 in Europe and $8.39 in Asia. When compared with the previous week's 30-day rolling …
Business 9 Mar 2000, 13:18
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RBR founder leaves to start new ventures
Pioneering grey marketeer sets up two networking resellers
Rory Sweet has left RBR Networks to start two new networking businesses. The founder and chairman of Cisco distributor RBR -- this week renamed Comstor -- has set up a networking reseller in Cirencester called Zycko Ltd. Profits from Zycko will be used to start a company called E-cable.com, which will sell networking accessories …
Business 9 Mar 2000, 13:22
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Hyundai hedges bets on Rambus production
It will ramp faster if there's more demand
A report in Semiconductor Business News is confirming earlier reports that Samsung is to boost its production of Rambus memory. But at the same time, Hyundai seems to be dithering over whether to put its stake into this particular piece of the memory turf. Samsung will ramp up production from two million units a month to 10 …
Business 9 Mar 2000, 14:16
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Stephen King publishes novella on Net only
Download for $2.50
Horror writer Stephen King is to put his next book exclusively on the Internet. Riding The Bullet, a creepy tale about a hitch-hiker who gets in the wrong car, will only be available in online text when it released on Tuesday. Fans will be able to download the 65-page story for just $2.50 from publisher Simon & Schuster's Web …
Business 9 Mar 2000, 14:47
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Redbus Interhouse washes its smalls in public
Stock market reversal
Redbus Interhouse is to reverse into former textile company Horace Small Apparel. Once complete Horace Small will change its name to Redbus Interhouse before joining Britain's hi-tech stock market, techMARK, in a bid to raise some £20.4 million, net of expenses, for further development. The company will be valued at £130 million …
Business 9 Mar 2000, 15:17
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So now Lastminute is worth £526 million
MSDW ups pricing range
What a difference eight days makes. Morgan Stanley Dean Witter has settled on a new indicative IPO pricing for Lastminute.com, ranging from 320p to 380p per share. At the mid-price this values Lastminute at £526 million. On March 1, MSDW announced Lastminute's pricing range would be 190p to 230p, valuing it at £414 million at …
Business 9 Mar 2000, 15:22
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Intel becomes Ford of microprocessor market
Shortage of Coppermines hits channel, OEMs
One barometer of how well Intel is executing is by looking at Web sites that sell components. At the end of last month, we checked out UK firm SMC Direct, which has a convenient page for Intel processors and a similar one for AMD chips. At that time, it appeared that the Intel shortage was to be fixed by the 17th of March, but a …
Business 9 Mar 2000, 18:36
