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  • Qwest to CLECs: Let's Be Friends

    Openly repudiating the policies of US West Inc., the company it bought, Qwest Communications International Inc. this week dropped 17 lawsuits against telecom regulators and said it would welcome local competitors with open arms.

  • Intel News Sours U.S. Markets

    BOSTON (09/22/2000) - As expected, Intel Corp. stock was being drubbed in morning trading Friday on U.S. financial markets as twitchy investors unloaded shares. Intel announced on Thursday that slow computer sales, particularly in Europe, would lead to a third-quarter financial report that would be weaker than estimates.

  • Power Struggle: IT Shops Battle Costs

    With the deregulation of the power industry under way, IT managers are facing another enterprisewide challenge: how to get a better grip on electrical energy usage in light of an inadequate number of power plants and their capacity, price spikes, and service interruptions, and an inconsistent deregulation landscape across the United States.

  • Heavy-Hitters Add Weight to infrastructure firm

    The US$100 million investment made this week by the troika of IBM Corp., Microsoft Corp., and Arthur Andersen LLP in a small startup called Enfrastructure underscores the growing trend of high-tech companies partnering with professional-services companies in bids to be more well-rounded solutions providers.

  • Bank One's Wingspan Fails Online

    Bank One Corp.'s WingspanBank.com, a stand-alone, Internet-only bank, will be downgraded to a test lab because it didn't attract enough customers, bank officials said this week.

  • CRM App for Mobile Devices Readied

    SAN MATEO (09/22/2000) - E.piphany Inc. next week will extend its E.5 CRM (customer relationship management) system to mobile devices. E.5 for Wireless will let businesses access customer information via mobile phones, PDAs (personal digital assistants), and other wireless devices. The Wireless Dashboard feature lets users access information wirelessly through the Internet or have CRM data pushed to their wireless devices. The Real-Time Personalization feature can create an additional channel in a marketing campaign by pushing tailored marketing offers to a customer's wireless device..

  • Nasdaq Follows Intel's Slide

    The Nasdaq Composite Index opened down 5.4 percent Friday morning, led by plummeting shares of Intel Corp. The giant chipmaker announced after the market's close on Thursday it would miss third-quarter revenue expectations due to weak computer demand. Intel's stock came out of the gate down 24 percent.

  • Dell Moves with the Times

    An old economy acronym got a new spin this week when Michael Dell, CEO of Dell Computer Corp., said he believes companies should begin thinking of ROIC as "return on infrastructure computing" instead of "return on investment capital."

  • DHL Chooses BEA's Transaction Tech

    FRAMINGHAM (09/22/2000) - DHL Worldwide Express has chosen San Jose-based BEA Systems Inc.'s e-commerce transaction technology to serve as the foundation of the company's revamped e-commerce system. Redwood City, Calif.-based DHL will install BEA's WebLogic Server and WebLogic Enterprise systems as the backbone of an e-commerce system supporting operations in 228 countries and territories. The system will help speed up online customer services such as shipment tracking and will serve as the basis for the courier's DHL Connect service, which allows business users to ship and track express packages from their desktops..

  • AOL-Time Warner Merger Examined

    SAN MATEO (09/22/2000) - America Online Inc. and Time Warner Inc. this week sent the European Commission their concessions proposal for the planned merger of the two companies. EC officials have expressed doubts that the merger would foster competition in Europe. Meanwhile the U.S. Federal Communications Commission issued a formal statement claiming it has not made a firm decision regarding the merger. The FCC issued the statement in the wake of published reports that claimed FCC antitrust enforcers were ready to give a conditional green light to the massive media and Internet merger..

  • Two Views of the New Economy

    More than 85 percent of companies trying to restructure around e-commerce will blow it, business guru Tom Peters said here this week. Speaking at Commerce One Inc.'s e-Link 2000 conference, the author of In Search of Excellence and the Reinventing of Work series said most companies will fail because they lack the needed intestinal fortitude.

  • CA Sells Sterling's Federal Unit

    FRAMINGHAM (09/22/2000) - Los Angeles-based defense contractor Northrop Grumman Corp. said it has agreed to purchase the federal systems group of Islandia, N.Y.-based Computer Associates International Inc.'s Sterling Software Inc. subsidiary for US$150 million. Northrop Grumman said the Sterling unit will be incorporated into its Logicon Inc. unit in Herndon, Va., which had revenue of about $1.5 billion last year..

  • CEO: Orbitz 'Needs More Money than God'

    In his first public speech since taking the helm of Orbitz, the controversial ticketing Web site that's due to launch next June, CEO Jeffrey Katz this week said the online travel latecomer needs "more money than God" to make its grandiose technical plans work.

  • Quova Eyes Better Internet Ad Delivery

    A Silicon Valley startup that debuted this week is hoping to provide e-tailers with the user information they need to strategically target ads and content without trampling on users' privacy rights.

  • White House Launches Federal Gov't. Web Site

    The White House Friday launched a federal government Internet portal, FirstGov.gov, to provide a single point of access to some 27 million government Web pages for business users and consumers. But analysts said the success of the portal is by no means certain.

  • VTF - Qualcomm, Via Discuss Wireless Cooperation

    TAIPEI (09/22/2000) - Due to a reporting error, the story headlined "VTF - Qualcomm, Via Discuss Wireless Cooperation," posted on Sept. 22, mistakenly noted that quotes about digital wireless telephony were about Bluetooth. The story on the wire has been corrected..

  • Navy to Award $12B-Plus Intranet Contract

    After nine months and a half-dozen congressional hearings, the U.S. Navy this week will award one of the most contentious and complex outsourcing deals in history.

  • Lernout & Hauspie Confirms SEC Investigation

    TOKYO (09/22/2000) - The U.S. Securities and Exchange Commission has begun an investigation of accounting practices at Lernout & Hauspie Speech Products NV, the Belgian and U.S.-based voice-recognition and language-translation software producer announced early Thursday. L&H held a brief press conference Friday in relation to the SEC investigation. [Note to editors: New information is in bold.]"The company is cooperating fully in the investigation," L&H said in a Thursday statement. Further details of the probe and the reasons it was launched were not offered, and a company representative could not immediately be reached for comment. However, the news comes just weeks after L&H initiated a special companywide audit to confirm previously reported sales in South Korea.

  • Ariba Exchange Opens Up to Outside Buyers

    Ariba Inc. capitalized on the limelight of its user conference in Miami this week by announcing a slew of features and enhancements to its electronic-marketplace software, including integration software that lets users of non-Ariba procurement software access Ariba-powered marketplaces.

  • Managed Services Lure Corporations

    No longer able to resist the lure of the managed service provider model, which promises efficiencies and now more performance guarantees, little by little major corporations are shedding some of the networking functions long done in-house.