Stories by George A. Chidi Jr

Deutsche Bahn to sue Google; Yahoo, AltaVista next up

AT&T Wireless Services Inc. launched its mMode consumer Web service for mobile phones on Tuesday in a dozen markets in the U.S. The GPRS (General Packet Radio Service) offering will allow high-speed data transfers to and from wireless handsets.

AT&T Wireless launches mobile Web service

AT&T Wireless Services Inc. launched its mMode consumer Web service for mobile phones on Tuesday in a dozen markets in the U.S. The GPRS (General Packet Radio Service) offering will allow high-speed data transfers to and from wireless handsets.

Sprint posts strong first quarter

Sprint reported stronger-than-expected earnings in its first fiscal quarter for its long-distance division and a narrower-than-expected loss for its mobile-phone division Monday after the close of trading in New York's financial markets.

Report: Global Crossing bidder list emerges

The names of more than 50 potential bidders for bankrupt telecommunications service provider Global Crossing Holdings inadvertently emerged when someone from the carrier's law firm sent a mass e-mail to the confidential list of bidders with all the recipients visible in the address line, the New York Times reported Wednesday.

Nortel issues Q1 earnings warning

Carriers kept their wallets buttoned more tightly than Nortel Networks expected this quarter, the company said Tuesday, warning investors that its losses would be wider than expected for the first quarter of 2002.

Apple acquires Zayante

Apple Computer on Thursday announced it bought Zayante, a privately held FireWire technology design company, for an undisclosed sum.

Grid-computing software hitchhikes on Kazaa

Software that will set up a network built from users' hard drives and bandwidth has been quietly bundled into the Kazaa file-sharing program owned by Australian holding company Sharman Networks and may also be distributed with other file-sharing programs.

WorldCom confirms job cuts

WorldCom Inc. announced a 6 percent cut in its U.S. workforce Wednesday, eliminating 3,700 of its positions from its data services division.

Qwest to take up to $30B write-down

Qwest Communications International Inc. paid US$44 billion for US West Inc. in 1999, but the weakness of the telecommunication market and a new accounting rule add up to Qwest taking a write-down of $20 billion to $30 billion for the value of the assets acquired, the company said.

Accounting inquisition takes center stage in IT

IT managers aren't supposed to be financial analysts. In the wake of the collapse of energy giant Enron, however, the revelations of financial problems and accusations of accounting irregularities at some IT vendors are forcing technology executives to take a harder look at the financial health of their suppliers.

Feature: IT accounting under the gun: the hit list

The list of companies either known or believed to be under investigation by the U.S. Securities and Exchange Commission (SEC) for accounting irregularities is still growing. Here are some examples.

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