News Briefs: Generation D Is Born

FRAMINGHAM (04/18/2000) - MCI WorldCom Inc. in Clinton, Mississippi, announced last week that it's pooling all of its Web activities under the name Generation D (for digital). The company said it would add another 12 data centers in the coming months and promote Web site and application-hosting services for large and small businesses.

Paper-Digital Merger

Optika Inc. in Colorado Springs announced browser-based software designed to let trading partners use a single Internet-based infrastructure to resolve disputes arising from either paper-based or electronic transactions. The Acorde software offers access to electronic orders plus data from paper documents scanned into the Acorde system.

Cracker Cracks

A computer cracker, who broke into Web sites run by the White House and the U.S. Army, pleaded guilty to federal computer crimes. According to prosecutors, Patrick W. Gregory of Houston, who went by "MostHateD" and helped form the Global Hell cracking group, pleaded guilty to a single count of conspiracy to commit telecommunications wire fraud and computer cracking.

Seagate Posts Profit

In one of its last earnings statements before going private, Seagate Technology Inc. reported $136 million in profits, including one-time charges, for the third quarter, ended March 31. The Scotts Valley, California-based hard-drive maker earned $82 million a year earlier. Sales fell to $1.57 billion from $1.81 billion.

Exabyte's Loss String Persists in Q1

Exabyte Corp. lost $13.6 million in the first quarter, ended April 1. The Boulder, Colorado-based tape-storage-device provider reported a $3.5 million loss a year earlier. First-quarter sales totaled $49.6 million, compared with $62.7 million a year earlier. Exabyte warned investors about the shortfall, attributing a sales slowdown to year 2000 issues.

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