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Loudeye today announced a multiyear agreement with the multimedia business group of Nokia to develop a wireless digital music platform for mobile operators and their subscribers worldwide. This agreement includes a multimillion dollar commitment to Loudeye for development fees and defines a global collaboration framework between the companies.
Cablevision Systems today reported financial results for the second quarter 2004. According to a company statement, consolidated second-quarter revenues increased 25 percent to US$1.2 billion compared to the prior year period, based on continued growth at the company's Telecommunications Services and other divisions Cablevision's operating income t...
Internet automotive marketing services company Autobytel today announced that it has signed an agreement to provide a national online customer referral program for the Asbury Automotive Group, the fourth-largest auto retailer in the nation The agreement, which encompasses all 139 of Asbury's franchises, provides for online customer referrals for ne...
Blue Cross Blue Shield of Arizona has chosen Resolution EBS's Centrifuge business rules management platform as part of a plan to automate and streamline its current business practices Blue Cross Blue Shield of Arizona "is always looking for ways to increase customer satisfaction and reduce administrative costs," Christopher L. Matthieu, director of...
Weaker-than-expected job numbers for July led to a stunning sell-off on Wall Street as all major stock averages sank to their lowest levels of the year The Labor Department said 32,000 new jobs were added in July, 90 percent fewer than the forecast of 243,000 jobs. The new figures raised concerns that the poor jobs figures for June might have been ...
Crude oil futures on the New York Mercantile Exchange (Nymex) in New York were down at the close of the market today from record highs set overnight -- but observers expressed doubt that oil prices have peaked Light, sweet crude oil futures set for September delivery eased down to $43.95 a barrel on the Nymex.
Bankrupt Adelphia Communications today announced its preliminary timetable for to auction off the company, with completion of the sale expected by the end of the year The fifth-largest cable television operator said the auction process will start shortly after Labor Day. It is currently anticipated that preliminary indications of interest will be d...
Entellium Asia, the Asian arm of the second generation hosted CRM provider, yesterday announced the set-up of its regional operations in Singapore The company originally started operations in Kuala Lumpur Malaysia, in May 2000, but closed its sales operation in Asia in 2002 and shifted its corporate headquarters to Seattle, Washington, in 2003....
IBM announced that it will not use its patents against Linux, and it encouraged other software companies to make the same vow As the owner of 60 patents on which the Linux core might infringe, IBM could wreak havoc on Linux if it chose to do so. The new promise, delivered at LinuxWorld, emphasizes the company's commitment to open source.
Telstra gained a head start on Australian rival entrants to the third generation mobile phone market with a US$450 million deal to share Hutchison Telecommunications' third generation infrastructure The agreement ends speculation about whether Australia's biggest telco would build its own infrastructure or negotiate a deal with the owner of Austral...
StayinFront, a global provider of enterprise-wide customer relationship management (CRM) applications, decision support tools and e-business systems, today announced that Endo Pharmaceuticals, a fully integrated pharmaceutical company with market leadership in pain management, will expand use of the StayinFront Visual Elk CRM system for its new hospital-sales force...
Industry observers have taken positions on rumors that Sun Microsystems might buy Novell. "I don't find the speculation credible," analyst Dan Kusnetzky, vice president of operating systems at International Data Corporation, said. Kusnetzky said such a merger would face problems from potential regulatory issues, possible corporate culture clash and a lack of synergy between the two product lines...
Russia's Justice Ministry said Thursday that it had revoked permission granted by bailiffs for the beleaguered oil giant Yukos to use previously frozen funds to pay for day-to-day operations. The reports came just a day after Yukos said it had received permission from the ministry's bailiffs service to use its bank accounts for operational costs, ...
TiVo, one of the initial creators of television services for digital video recorders (DVRs), announced today that the Federal Communications Commission (FCC) has certified TiVo's technology protection of digital broadcast television The FCC determined that digital broadcast television content should be protected, but that protection should still en...
Siebel Systems and IBM today announced they will join to provide database support for Siebel's CRM suite on Linux. Siebel will work with IBM to extend support for Siebel 7.7 on DB2 Universal Database for Linux and provide support for Web Server and App Server tiers on future versions of Siebel CRM solutions next year....
America Online today announced the acquisition of Mailblocks, a personal, Web-based e-mail service known for using state-of-the-art technology to block spam and provide a streamlined, efficient e-mail user interface. Terms of the deal were not disclosed....
Halliburton announced today that it has reached a settlement in the investigation by the SEC involving Halliburton's 1998 and 1999 disclosure of and accounting for the recognition of revenue from unapproved claims on long-term construction projects "We are pleased to bring closure to this matter," said Dave Lesar, chairman, president and chief exec...
Siebel Systems, a leading provider of business applications software, today announced new enhancements in its comprehensive CRM suite for the energy industry, Siebel Energy 7.7, that further enhances its capabilities. The enhancements include functionality that enables energy and utility service providers to enroll, service and retain customers us...
Media giant Viacom and Internet sports content and e-commerce provider SportsLine.com announced today that they have signed an agreement for SportsLine.com to merge with a subsidiary of Viacom. Under the deal, holders of common stock of SportsLine.com will be entitled to US$1.75 per share in cash upon closing of the transaction, the companies said...
Electronic Arts announced an agreement to acquire Criterion Software Group from Canon Europe. With the acquisition, EA will assume Criterion's studio in Guildford, UK; two intellectual properties, Burnout and Black; and the RenderWare middleware technology. Under a previous agreement, Criterion's Burnout3 game is being published by EA and is sched...
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