WorldCom Inc is trying to bash out a massive debt-for-equity swap with its bondholders, as the company battles to survive. Wall Street Journal reported sources close to the talks as saying Friday that holders of $26bn of bonds are talking to WorldCom management over the potential deal, which would be executed under the …
Bankrupt carrier KPNQwest NV is expected to be bought by its former parent Dutch telecoms incumbent Royal KPN NV for around 20m euros ($19.6m), after all the other bidders lost interest in the operation. The level of the bid will be a bitter disappointment to the banks that were owed 220m euros ($215.6m) when KPNQwest went …
Fears that the merger of Compaq Computer Corp with Hewlett-Packard Co would spark a bloody rationalization of the company's Far Eastern supply chain appear to be unfounded, according to reports in the local media. However, HP's decision to retain most of its and Compaq's existing relationships electronic service …
IBM Corp has announced that it has joined Microsoft Corp's Visual Studio.NET Integration Program (VSIP) to provide tighter integration between DB2 and .NET. The idea is that "support for VSIP will enable developers to leverage the power of DB2 combined with the benefits of the Microsoft .NET Framework for application …
Sun Microsystems Inc is set to launch a major upgrade to the phone variant of its Java 2 Micro Edition (J2ME) specification featuring a standardized application delivery method and server-side application invocation alongside improved security, multimedia and networking features. The specification, known as MIDP (mobile …
Intel launches the "McKinley" Itanium 2 processor today. It hopes to set itself on a profitable path of dominance in the market for processors for relatively expensive midrange and enterprise server servers, much as it accomplished in the PC market by the late 1980s, and in the entry server market in the mid-1990s, Timothy …
Windows 2000 has been given nine months to live, as far as OEMs are concerned, and Microsoft is pressuring the PC companies to stop offering dual install Win2k/WinXP systems immediately. Microsoft operating systems magically become more expensive and difficult to obtain as soon as there's a new rev out, but so long as the previous version is still available on new PCs via OEMs, business customers have a relatively simple way to stick with their current OS, rather than having to do an expensive rollout of the replacement.
The first Linux program to run legally on Xbox has been released, says the Xbox Linux Project. It is not clear to us what the program, which was created without the Xbox SDK, actually does, and just maybe all it does is put Tux on the Xbox screen, but still, it's progress.
eBay is to buy Paypal, for $1.5bn in stock.
Having trouble accessing The Register lately? It may not be your crap porn filter, or the ebone shutdown spilling over into DNS error reports at several ISPs. You may need deworming.
A report published by the European Commission is encouraging EU governments to share open source software resources as a way to cut down on e-government costs.
UKBetting has swooped on the gambling operations of stricken sports site, Sports.com. It's paying £670K - £100K in cash and the rest in assumed debt ( of 'no more' than £570K) - for SCG Enterprises, the bookmaking arm of Sports.com.
European Union reforms designed to extend the availability of ADSL and consumer choice through Local Loop Unbundling are failing.
The inner workings of the undocumented pwdencrypt() hash function in Microsoft SQL Server have been revealed in a paper by security researcher David Litchfield of Next Generation Security Software (NGSS).
PC sales in Europe's seven biggest economies slumped maybe as much as 10 per cent in the first half of the year, according to market research firm Context. And it ain't going to get any better in the second half, with "the cost associated with Microsoft's new licensing system is diverting funds away from hardware purchases".
Letters Re: MS to micro-manage your computer MS DRM OS, retagged 'secure OS' to ship with Longhorn? Why Intel loves Palladium More on AMD and Palladium MS Palladium protects IT vendors, not you - paper European antitrust chief concerned over MS Palladium Palladium tech up for discussion, says MS security chief
In coming months, the member countries of the EU will enact waste disposal laws conforming with the European Commission's Waste from Electrical and Electronic (WEEE) directive.
Exclusive Palm Inc was considering Linux as the foundation of the next-generation PalmOS as recently as last spring, sources tell us. Palm eventually acquired Be Inc's development team last August, but internal discussions on the viability of a Linux-based handheld OS were taking place up to fifteen months ago. These were squashed by the lawyers, who concluded that Palm couldn't reconcile the GPL with the in-house view of intellectual property.
The Sendo Z100 has been delayed again, with a spokesperson for Sendo citing integration issues as the cause. The Z100 was originally slated to ship last autumn [Feb 01 prediction], then delayed to first quarter of this year [Nov 01 prediction] - which we said here might be a touch optimistic - was subsequently delayed to June [March 02 prediction]. The latest prediction sees it coming in during "September/October", a spokesperson told us today, although industry sources have been briefed that it's most definitely now a Q4 product.
End-users overwhelmingly support the full disclosure of security vulnerabilities, according to a recent survey by analysts Hurwitz Group, which demonstrates widespread frustration about vendor responsiveness to security issues.
According to the date on the relevant pages, Microsoft started talking about SUS (Software Update Services) on 20th June, but it's only today we've had the press release from the UK arm. Granted, it might have been announced somewhere else during the past couple of weeks, but it doesn't seem to have made it to the main press release pile at microsoft.com. Which is a pity, because it says here "Formerly known as Corporate Windows Update or Federated Windows Update, SUS is a security patch management tool targeted at small to medium sized enterprises..."