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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (1373)	6/8/2001 7:29:02 PM
From: ms.smartest.person	Read Replies (1) of 2248

JAPAN BUSINESS BRIEFS: PCCW Japan Unit VR1 Online Game June 7, 2001 Dow Jones Newswires TOKYO -- Pacific Century CyberWorks Japan Co.'s (J.PCC or 7954) wholly owned unit VR1 Entertainment will make its multiplayer online strategy game "Evernight" available through RealNetworks Inc.'s (RNWK) RealArcade Internet gaming service. RealArcade is free and can be downloaded from the site realarcade.com. Marubeni Corp. (J.MRB or 8002) and Fuji Bank Ltd. will integrate their temporary staff dispatching affiliates next January. Aventi Staff, the new company, will be 42.54% held by Marubeni, 2.63% held by Fuji Bank, with the remaining 54.83% to be held by other companies in their Fuyo group. U.S.-based State Street Corp. (STT) has set up a wholly owned securities unit to enlarge its services to Japanese institutional investors. The brokerage will specialize in such services as transition management and commission recapture based on orders from customers, without conducting trading on its own account. Toshiba Corp. (J.TOS or 6502) has become an official sponsor of the 2002 FIFA World Cup Korea/Japan and 2006 FIFA World Cup Germany. As "Official IT Partner" to FIFA, Toshiba will support the event by providing such products as personal computers and PC servers. Total electronic-business-related investment by Japanese corporations grew 47% on year to Y2.859 trillion in 2000, according to EC Research Corp., an e-business market research company. Such investments are expected to grow further to Y4.218 trillion this year as more Japanese companies regard e-commerce and other Internet-related business activities as important. -Dow Jones Newswires Tokyo; 813-5255-2929 -------------------------------------------------------------------------------- URL for this Article: interactive.wsj.com -------------------------------------------------------------------------------- Copyright © 2001 Dow Jones & Company, Inc. All Rights Reserved. Printing, distribution, and use of this material is governed by your Subscription Agreement and copyright laws. For information about subscribing, go to wsj.com Used with permission of wsj.com

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