30th July 2001 Archive

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MS wants to mashup AOL's cable plans

Will back rival bidder for AT&T business

Microsoft is looking to nobble AOL Time Warner's attempts to buy AT&T's cable business. According to the FT, Microsoft insiders say the company is prepared to put its hand deep in its pocket to stop AOL becoming a major cable player. The paper speculates that Microsoft will team up with another bidder to foil AOL's plans. …

Telecoms 30 Jul 2001, 10:42
The Cisco Borg Returns

Assimilates VPN firm Allegro for $181m

Cisco Systems is back on the acquisition trail with the purchase of virtual private network (VPN) vendor Allegro Systems for $181 million in stock. Allegro, which Cisco already has a minority stake in, makes technology that allows businesses to run a large number of simultaneous VPN connections. Its technology will be …

Data Networking 30 Jul 2001, 11:33
Terra Lycos Q2 sales jump

Reining in losses

Terra Lycos, the Spanish/American ISP-cum- Net portal turned in Q2 sales of E180 million ($157.46 million), 34 per cent up on Q2, 2000. The company also pulled a rabbit out of the hat, with revenues E10-15 million higher than its previously published forecasts for the quarter (E165-170 million). Losses before interest, tax, …

e-Business 30 Jul 2001, 11:46
BT dismisses £8 billion bid for local loop

Well, publicly at least

The consortium behind the £8 billion bid for BT's local loop network in the UK remains confident that BT hasn't walked away from the table. Yesterday, Earth Lease Ltd - led by international investment bank Babcock and Brown, and US merchant bank, Chancery Lane Capital - confirmed weekend press reports that it had offered to …

Telecoms 30 Jul 2001, 12:44
Ebookers posts reduced losses

While sales double

Ebookers today posted reduced losses for the second quarter, while saying it expected to be cash flow positive by Q2 2001. The pan-European online travel agency recorded a pre-tax loss of £8.6 million for the three months ended 30 June 2001. This compared to £8.96 million for the same quarter the previous year. Meanwhile, …

e-Business 30 Jul 2001, 12:50
Mundie: 'Open Source isn't the issue'

Newsforge panel-beating

Leaders of the Open Source community gathered in San Diego last week, and various panels discussed everything from Apache to Linux to XML during the week. The most anticipated events, however, were the keynotes and panel discussions featuring Microsoft v.p. Craig Mundie and Red Hat CTO Michael Tiemann. "Open Source isn't the …

Software 30 Jul 2001, 12:58
Intel delivers enhanced mobile PIIIs

And a chipset to suit

Intel has launched its first mobile Pentium III processors produced using a 0.13 micron process. The company says they are available in volume from today. Based on the Tualatin core, the mobile chips will debut at 866MHz, 933MHz, 1.0GHz, 1.06GHz and 1.13GHz and ship as the Pentium III-M. Intel will price the parts at $247, $278 …

Channel 30 Jul 2001, 13:14
Jabber builds IM bridge to SMS chat rooms

Lifebelt for cash strapped and clueless wireless networks

The open source instant messenger project Jabber has taken a step towards becoming the technology behind SMS chat rooms. It’s a potential lifebelt for the wireless networks who’ve spent a fortune on WAP, 2.5G and 3G, and have little clue how to see a eke out a return on their investments. To date, SMS text messaging is the only …

Music and Media 30 Jul 2001, 13:58
NEC MultiSync LCD1700M+

Review Flat-panel monitor

Flat-panel prices have been in freefall for the past few months. Where once such a sleek, slim screen would only grace the desks of corporate financiers and rich consumers, 15in models are now cheap enough to enter the mass market. But what of the larger flat-panel monitors, which used to cost £1,000 plus? These are also …

Personal 30 Jul 2001, 14:01
Lights-out cost cutting drive at Lucent

Dark times ahead

Workers at Lucent are being left in the dark during the firm's expanded cost-cutting measures, literally. The struggling telecoms manufacturer is reportedly trying to trim electricity bills by illuminating cubicles with only one fluorescent bulb, instead of four. Hewlett-Packard workers, whose cubicles were reduced in size as …

Data Networking 30 Jul 2001, 14:06