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  • Lucent expects to raise $US1 billion in stock offer

    Beset by hard times, but looking to right the company's financial ship, Lucent Technologies Inc. said late Tuesday that it expects to raise US$1 billion through a private stock offering.

  • IBM boosts speed on high-end storage products

    IBM Corp. made a high-speed networking technology available on one of the company's main storage products Tuesday, giving users better data transfer rates on mainframe-class hardware and opening new ways to link storage products with a user's existing infrastructure.

  • Bowstreet updates Web services platform

    Bowstreet Software Inc. on Monday released an enhanced version of its Business Web Factory software for creating Web services.

  • Deutsche Telekom reports revenue gain

    Citing healthy growth in its fixed, wireless and broadband telecommunication divisions, Deutsche Telekom AG (DT) on Tuesday reported increased revenue in its preliminary report for the first half of 2001, though its debt grew over the period and staff was reduced. The former German telecommunication incumbent also confirmed that it has canceled plans to spin off its wireless subsidiary, T-Mobile International AG in 2001.

  • Experts: DOJ pressing ahead on Microsoft case

    When President Bush took office last January, supporters of the government's antitrust case against Microsoft Corp. feared that the new administration would seek an easy settlement. But legal experts on both sides of the fight said today that they see little difference so far between the current administration and the Clinton administration that initiated the historic lawsuit.

  • VerticalNet offers new supply-chain applications

    Fresh off the heels of last week's improved second quarter financial results, VerticalNet Inc. is rolling out this week its new sourcing and procurement applications, while eyeing the supply-chain visibility market.

  • Lucent recasts network management

    Lucent Technologies Inc. is recasting its network management offerings as an integrated suite capable of managing elements, provisioning services and assuring quality-of-service guarantees across circuit, packet, optical and mobile networks from a single platform.

  • Nokia buys Amber Networks

    Nokia Corp. Wednesday announced a definitive agreement to acquire edge router maker Amber Networks Inc. for US$421 million in stock.

  • Users urged to take fast action against Code Red

    The federal government, Microsoft Corp. and multiple IT security research groups are jointly warning about an expected re-emergence of the Code Red worm today and are urging users of Microsoft's Web server software to take "immediate action" to protect their systems.

  • Search technology gains recognition

    Offering enterprises a promising shortcut to the reams of content proliferating both inside and outside the corporation, search and categorization technologies from vendors such as Verity Inc. and Smartlogik Group PLC, released Monday, are gaining momentum, pushing into corporations as infrastructure elements of portals and CRM (customer relationship management) systems.

  • Singapore's mobile carriers team up on mobile payments

    Singapore's three mobile operators, MobileOne Pte. Ltd. (M1), Singapore Telecommunications Ltd.'s SingTel Mobile and StarHub Pte. Ltd.'s StarHub Mobile, announced plans Monday to collaborate with industry partners to build a common infrastructure that will enable Singaporeans to make mobile commerce payments.

  • Ambitious Brisbane portal yet to make an appearance

    Building a big-budget Web site is not all beer and skittles, as the Brisbane City Council (BCC) has discovered.

  • Dell readies server for small businesses

    Dell Computer Corp. added a new server Tuesday to its low-cost PowerEdge SC family, which is designed to provide small businesses with a "true" server to handle basic server tasks, instead of a modified desktop PC.

  • Tomorrow never comes for Bos

    Ex-Sausage Software CEO Wayne Bos is severing his 12-month connection with investment group Tomorrow, which is changing course away from technology plays.

  • Sunday cable break spares Australia

    Southern Cross Cable Network suffered a break in its Australia-U.S. cable on Sunday but the impact to customers was limited by the fortunate weekend timing, a spokesman for the company said. The break had limited impact because it happened at 7.45 am on Sunday morning, he said.

  • HP yet to detail Australian job cuts

    Hewlett-Packard Australia has declined to comment on how many Australian employees will be sacked following an announcement to sack 6000 workers worldwide.

  • Privacy compliance creates CRM price hike

    The cost of CRM implementation is set to increase as Australian enterprises move to comply with the new privacy act, which comes into effect in December.

  • Sun readies new UltraSparc chip for release

    Sun Microsystems Inc. plans to start selling a new, faster version of its 64-bit UltraSparc III microprocessor by the end of October, the company said in a statement issued Monday.

  • Market pressures force credit union to overhaul IT systems

    Wollongong-based retail loan provider City Coast Credit Union has overhauled its entire software and hardware infrastructure as part of a multimillion-dollar business transformation strategy to better position the company in a tighter financial services market.

  • BI solution is painting by numbers

    In a deal in excess of $140,000, Taubmans Paints has implemented a business-intelligence solution from Cognos to overcome the limitations of its enterprise resource planning system and to allow staff easier access to reports.

  • CIOs are finding agility through cloud-based communications

    Companies grappling with new customer expectations turn to Communication-as-a-Service model (CaaS) for a more agile, cloud-based omnichannel experience.

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