sonki: Highlights of WSJ - If interested in any of these pl. access WSJ interactive edition
interactive.wsj.com
Monday, July 20, 1998
MOTOROLA AGREED to transfer to AMD a process for making chips using copper as part of a technology alliance, said people familiar with the deal.
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NBC is sending four executives to senior positions with the Internet-search company Snap!, of which the network recently acquired a 19% stake.
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Broadcast.com posted the largest first-day gain of any sizable initial public offering this decade. Shares of the Internet company climbed 249% from an offering price of $18 to close at $62.75.
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Attorneys general from 20 states narrowed their antitrust case against Microsoft, dropping charges of unfair pricing and sales practices related to the company's "Office" software package and its e-mail products.
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Start-up Bright Light plans to market software that may offer a promising new weapon against unsolicited e-mail, known as spam.
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Cisco Systems passed $100 billion in market capitalization, after its stock surged $4. The maker of computer-networking gear reached the mark after just 12 years in business.
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TCI shuffled the management of two businesses to prepare for its planned merger with AT&T.
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As a critical mass of women logs onto the Web, consumer-marketing giants are right behind them, stepping up their on-line pitches for everything from soap to spaghetti sauce.
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Federal regulators are preparing to ease some competitive requirements on the nation's heavily regulated local phone carriers in an effort to encourage development of high-speed Internet networks.
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A team of computer experts took less than three days to crack a widely used method for scrambling sensitive data, shattering the previous mark and igniting more criticism of the U.S. government's encryption rules.
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An FBI proposal that would let law-enforcement officials obtain the exact location of cell-phone customers under certain circumstances is circulating on Capitol Hill -- and drawing criticism from the cellular industry and others.
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Trade negotiators from 44 countries gave up trying to reach an agreement to remove tariffs on more than 300 information-technology products and the chairman of the negotiations suspended them until September.
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Federal regulators upheld a deal reached last year that ended a feud between billionaire backers of the Teligent and Teledesic telecom projects. The deal had been criticized by rivals and in Congress.
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EMC said earnings grew 47% and revenue climbed 33% in the second quarter, buoyed by better-than-expected demand for its data software and its alliance with Hewlett-Packard.
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Lucent Technologies said it plans to make an offer to acquire Australian telecommunications company JNA for $70 million in cash.
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Hambrecht & Quist said its fiscal third-quarter profit jumped 36%, easily exceeding expectations, as the company underwrote more than twice as many offerings than it did in the year-ago quarter.
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Taiwan Semiconductor Manufacturing reported second-quarter net profit rose compared with the same period a year ago, but fell from the first quarter of this year due to the global slump in the semiconductor industry.
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STMicroelectronics warned that the semiconductor industry's problems will pressure third-quarter earnings. The announcement sent shares of the Franco-Italian company falling 5% Friday.
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Baan revised downward its net profit for the first quarter of 1998 to $2.1 million from $2.4 million, bringing into question the aggressive accounting practices at the Dutch software maker.
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Compaq's Asia-Pacific unit lowered its sales target in the region amid the continuing financial crisis, but said it will remain profitable by cutting costs, jobs and excess inventories.
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Iomega said it is trying to cut third-quarter operating expenses by at least 25% from the second quarter. Iomega's CEO said the maker of data-storage devices should return to profitability by the fourth quarter. WorldCom |
