I'll go one better and put the whole page up so all can see the company we KEEP! Tuesday, June 9, 1998
THE WORLDCOM-MCI deal could be scuttled if European Union regulators tell World Com to divest UUNet, its Internet business, executives close to the deal say. * * * NBC is buying a stake in the on-line news company CNET and intends to take control of its Snap! search service, in the first move by a network to offer an entry point to the Web. * * * Network Associates agreed to acquire British antivirus-software maker, Dr Solomon's Group, in a $670 million stock deal that reflects a consolidation trend in the hot computer-security market. * * * Western Digital warned its results for the current quarter will fall "substantially" short of analysts' estimates as the disk-drive industry remains beset by pricing and inventory woes. * * * A meeting in Washington between some of the high-tech industry's biggest names and federal law-enforcement officials adjourned without making any visible headway on one of the industry's thorniest political issues -- government regulations of data-scrambling technology. * * * Debate over a federal program designed to bring the Internet to the nation's classrooms and libraries continued this week, even as federal regulators prepared to offer changes to the controversial subsidies. * * * Federal regulators filed antitrust charges against Intel, alleging the chip maker stifled innovation and competition by retaliating against companies that challenged it over their rights to key technology. * * * A federal judge laid out ground rules for the trial to hear the government's case against Microsoft and promised a speedy decision. The trial is set to begin Sept. 8. * * * Compaq is looking to the Internet to drive sales of its fall home-computer line with a new keyboard that makes Internet use easier and new, lucrative accords with on-line services. * * * Federal trustbusters, by wading into the world of computers with the latest antitrust actions against Intel and Micosoft, have wandered straight into the hotbed of libertarian political activism -- cyberspace. * * * Intel dropped prices 12% to 32% on the Pentium II chip, its third cut this year. The move suggests Intel is stepping up its use of pricing as a weapon to protect its turf and to expand. * * * Sprint PCS has signed up five affiliates to offer Sprint wireless-phone service and plans to announce a bigger roster of affiliates later this year, according to company executives. * * * Bell Atlantic said it plans to build an advanced, long-distance data network, even though it doesn't yet have permission to offer long-distance voice and data services in its 13-state region. * * * Fujitsu plans to develop new server products based on two of Intel's new lines of computer chips. Fujitsu will be one of the first companies to develop a server based on Intel's next-generation "Merced" chip, scheduled to be introduced in 2000.
CNET, Net Sector Surge on NBC Deal
Internet stocks soared Tuesday on news of NBC's partnership with CNET's Snap! service and Yahoo!'s deal with Compaq. CNET surged 37% and industry giant Yahoo gained 7.8%.
Web-Search Goal Is Knowledge, Not Data
Finding the answers to three astronomy questions seemed simple. But on the Web, what you want to find and what you need to find aren't always the same thing.
Digitcom Caters To On-Line Fans
Digitcom, an Internet telephony upstart, has taken unusual steps to reach out to its legion of on-line fans, including having one of its executives participate in a "chat" arranged by a message-board participant.
Net, Cable Gain As News Sources
The number of Americans reading news on the Internet is growing at an astonishing rate even as cable news outlets get an increasing share of the television audience, according to a study by the Pew Research Center.
Web Sites Thrive On World Cup
The World Cup starts Wednesday, but enthusiasts who can't get to France can keep track of the matches and excitement over the Internet, with sites that allow viewing, updates and ways to bet on the games.
Symantec to buy back 5% of its stock ... Computone to acquire Ladia ... Lernout gets Chinese-software license ... S&P 500 to add Ascend Communications ... Yahoo! to acquire Viaweb ... Sprint completes buy of EarthLink stake ... Macromedia reaches pact on Netscape browser ... Global DirectMail warns earnings will miss estimates ... Borland changes name to Inprise ... Cadence Design expands stock buyback.
Governing the Net CompuServe Verdict Internet-Stocks Mania The Upgrade Race High on Java? Apple's Pickings Netscape's Battle Microsoft's Fate Global Village
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