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Despite a corporate spending downturn that has led to revenue and market capitalization problems for once high-flying Lucent, analysts and company officials agree that the telecom giant can stay in the game and possibly thrive over the long term However, while analysts said the company must shift some of its big-picture priorities in order to recov...
Providing more evidence that the IPO market for Internet offerings is slowly reviving, debuting DVD rental site Netflix sold 5.5 million shares of its common stock at the top of its price range. The shares were slated to hit the market at US$15 each Thursday after final pricing late Wednesday at the top of the company's $13 to $15 range. Netflix s...
If you can hold your breath just a bit longer, demand for IT services will rebound. That is the shared conclusion of two surveys released Wednesday -- one by research company IDC and the other by research firm Gartner and financial services powerhouse Goldman Sachs Gartner and Goldman Sachs' "IT Spending Confidence Survey" polled 369 of the 1,800 a...
In the future, we all will spend our days at our computer terminals, playing video games over the Internet against people we've never met At least, that seems to be the vision dancing like a sugarplum in the heads of those who have targeted online gaming as the undeniable, certifiable next big thing on the Web....
Sun Microsystems has positioned itself to tackle the Linux marketwith a significant upgrade to its Solaris operating system The new version of Solaris, which features enhanced built-in Linuxcompatibility, is seen as an attempt to mesh Solaris offerings with Linux.The OS also includes a development toolkit that should simplifydevelopment of Linux-co...
Apologizing for "inappropriate communications" but not admitting wrongdoing, Merrill Lynch has reached a US$100 million settlement with New York and other states. The deal ends the first phase of a potentially lengthy investigation of Wall Street analysts' behavior during the tech stock boom of the 1990s. Merrill Lynch will pay $48 million to the ...
In an effort to entice customers away from America Online, the largest Internet serviceprovider (ISP) in the United States, Microsoft is readying a new campaign that targetsusers who are unhappy with AOL's services The Redmond, Washington-based software giant is determined to make leaving AOL easierthan dropping first-period Latin. Toward that goal...
Microsoft may have thought it could make software upgrades easier for customers -- and secure a steady revenue stream -- by mandating an automatic upgrade plan for applications and operating system software, but the company should rethink its strategy, analysts said. Instead of reaping greater revenue, it seems that the software giant has granted ...
The U.S. Copyright Office on Tuesday rejected Webcasting royalty rates proposed by the Copyright Arbitration Royalty Panel (CARP). A separate authority, the Librarian of Congress, now has 30 days to issue a final royalty, which need not be based on the panel's recommendation.
Every now and then, just for kicks, I type the Kozmo.com URL into my browser. I'm not sure what I expect will happen, but the result is always the same: nothing Maybe it's just wishful thinking, but given the comebacks of late -- Furniture.com and MotherNature.com, for example -- isn't it about time for the return of some truly interesting dot-coms...
Less than a year after its controversial debut, travel site Orbitz has announced plans to raise as much as US$125 million through an initial public offering. Orbitz informed the U.S. Securities and Exchange Commission (SEC) of its intention to go public in a filing Monday. Underwriters include Goldman Sachs, Legg Mason Wood Walker and Thomas Weise...
Juniper Networks on Monday announced plans to acquire rival Unisphere Networks in a move to compete with dominant telecom equipment provider Cisco Systems The deal had been rumored for months. However, analysts were skeptical because Juniper CEO Scott Kriens previously had taken a hard line against company growth through mergers and acquisitions....
The driving force behind Sears' US$1.98 billion purchase of Lands' End was the clothing brand itself. But Lands' End's reputation for merging catalog and online sales and providing high-quality customer service played a role as well. Now, with the merger moving quickly toward a mid-June closing, it is not yet clear how Lands' End's online strategy...
The best way to learn is by doing. Along the way, e-commerce has found that some ideas that seemed promising at first are best left in the dustbin of technology history. A host of solutions to various problems have been tried, and in many cases discarded just as quickly "Good companies are flexible enough to try something and [then] pull back if it...
Although Microsoft had to cut the priceof its Xbox console last week to keeppace with rival Sony in the gaminghardware market, the company is poised to announce a US$1 billion investment in anonline game service that could smoke the competition The Redmond, Washington-based software giant is aiming to become the biggest player in afast-growing mark...
Economic doldrums continue to erode confidence and drive cost-cutting among IT buyers, according to Gartner Dataquest, and all segments of the IT services market will feel the pinch Unprecedented low growth rates will prevail, with IT services revenue growing a meager 2.8 percent to US$557 billion this year, the research firm said.
The strange saga of music swapping site Napster took another twist as media giant Bertelsmann announced it has reached an agreement to purchase the site and said most of the key executives who resigned last week will return. The deal calls for Bertelsmann to pay up to US$8 million to the venture capitalists who backed Napster when it first emerged...
When you want something done right, there are times when doing it yourself is not the best option. Even the best companies need to recognize the limitations of their operational expertise and know when to outsource certain e-business functions For example, many companies now outsource a variety of ongoing, daily e-business tasks that do not fall wi...
In an effort to reach the 85 percent of consumers who do not yet buy travel online, Orbitz has announced it will make its airfares available to travel agents. The company will work with Aqua Software Products, a unit of Navigant International, to provide travel agents with direct desktop access to its fares and its online search engine, starting i...
For online shoppers, making a purchase often seems relatively straightforward. Point and click, check the order, enter credit card information, and the transaction is a done deal. Authorization is delivered within seconds Behind the scenes, it is not so easy. Pushing that "Buy" button activates a complicated sequence of events that would seem mind-...
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