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To: SAMS BONE who wrote (39319)5/11/1999 2:11:00 PM
From: kendall harmon  Read Replies (2) | Respond to of 120523
 
SPLN, excerpt from this mornings news

SportsLine USA, Inc. Establishes SportsLine Europe Limited to Create Major Force in European Online Sports
Subsidiary formed with funding from Intel, MediaOne Ventures and Reuters to Provide Localized European Sports Coverage
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 11, 1999-- SportsLine Acquires SportsWeb from Reuters

SportsLine USA, Inc. (Nasdaq:SPLN - news) today announced that it has formed a new subsidiary, SportsLine Europe Limited, which will provide content, community and e-commerce to sports enthusiasts throughout Europe. SportsLine USA will own approximately 80% of SportsLine Europe, and Intel Corporation, MediaOne Ventures, a division of MediaOne Group (NYSE:UMG - news), and Reuters (NASDAQ:RTRSY - news) have acquired minority interests in the new entity. Separately, SportsLine Europe has agreed to acquire sportsweb.com, one of Europe's leading sports Web sites, from Reuters. SportsLine Europe will incorporate sportsweb.com into its network of sites. SportsLine Europe will launch during the summer of 1999 as a premier sports media company focused on becoming a dominant force in European online sports.

SportsLine Europe will benefit from the resources and experience of SportsLine USA, the publisher of some of the world's most popular sports Web sites, including CBS SportsLine (http://cbs.sportsline.com), Soccernet (www.soccernet.com), GolfWeb (www.golfweb.com) and CricInfo (www.cricinfo.org) to produce new sports Web sites focused on such popular European sports as soccer, motor sports racing, rugby, cricket and the NFL Europe League. SportsLine Europe will be headquartered in London and anticipates that it will establish local editorial bureaus throughout Europe. SportsLine Europe's strategy is to bring focused coverage of European sports to a local audience as well as to displaced fans around the world.

''We've already set a standard for global sports coverage with Soccernet and CricInfo, which generate a significant worldwide following,'' said Michael Levy, president and CEO of SportsLine USA and chairman of SportsLine Europe. ''Now, with the investment support of Intel, Media One Ventures, and Reuters we have an opportunity to extend the SportsLine brand around the world, by launching a family of European sports Web sites with a local focus.''




To: SAMS BONE who wrote (39319)5/11/1999 2:15:00 PM
From: Doug Robinson  Respond to of 120523
 
BRCM News!!-Broadcom Plans to Unveil New Chip
That May Speed Up Office Networks
By a WALL STREET JOURNAL Staff Reporter

IRVINE, Calif. -- Broadcom Corp. Tuesday will unveil a new chip that could accelerate the development of much faster office computer networks, people familiar with the matter said.

The company is expected to demonstrate a chip that can handle computer traffic at as much as one gigabit, or one billion bits a second, over the copper-based Ethernet wiring used in most offices. Most office networks now operate at 10 million to 100 million bits a second. Several companies make gigabit-speed switches, but they all rely on fiber-optic lines to transmit the data.

Using copper wire will make it drastically cheaper and easier to build gigabit-speed networks, which will accommodate video and telephone calls as well as computer traffic, analysts and industry executives said. For example, a $100 transceiver used on chips for fiber networks can be replaced with a 50-cent connector for copper networks, said Allen Leibovitch, an analyst for International Data Corp., Framingham, Mass.

The announcement, at an industry trade show, carries weight because of Broadcom's dominant position in chips for high-speed, or "broadband" communications. Its chips are in the majority of cable modems and digital cable set-top boxes, as well as in many high-speed networking devices.

The new chip is "a huge deal," said a spokesman for 3Com Corp., a Santa Clara, Calif., network equipment maker that is Broadcom's second-biggest customer. "We've been on the edge of our seats for quite some time."