MOVERS & SHAKERS News

Subject: Mar2001 ECMgt.com: The New Economic Environment
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March 1, 2001 *4,100 subscribers* Volume 3, Issue 3
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  • Lucent: SEC examination of revenue reporting not a surprise
  • Patenting the War on Viruses
  • Who's gonna sign for this?
  • EarthLink, Sprint No Longer Going Steady
  • Microsoft's lucky break?
  • Venture Capitalists Exit the Dot-Com Freeway
  • Asian Internet Access Cut for Millions
  • Digital Recorders calls NextBus patent infringement claims groundless
  • Amazon Loses Patent Suit Round
  • Microsoft readies "Hailstorm" against AOL
  • Multiple Web sites defaced in hacking spree
  • Can Cell Phones Crash Planes?
  • DOJ Investigates Microsoft Over Investment In Corel
  • Intel Shuts Net Media Division
  • Judge approves domain name penalty on eReferee
  • Venture firms gobble up $69 billion last year
  • Covad Wins Round 1 in DSL Battle
  • Microsoft Drafts Political Heavyweights For Antitrust Fight
  • Oracle grants a vision at OAUG
  • Sega sues Kmart over Dreamcast orders
  • DOJ slams publisher of DVD code
  • Napster's Billion Dollar Blues

Lucent: SEC examination of revenue reporting not a surprise
Lucent Technologies said it's cooperating fully with the Securities and Exchange Commission regarding a $679 million reduction in its reported revenue, although it added that reports of an SEC investigation into the matter are "not new news."

Patenting the War on Viruses
Security software-maker Symantec is drawing fire over two recently announced patents for updating and downloading antivirus software incrementally.

Who's gonna sign for this?
Linux does the heavy lifting, as open-source rolls into selected glasshouses

EarthLink, Sprint No Longer Going Steady
The ISP and the long-distance phone company have ended the exclusive terms of their alliance, including Sprint's right to buy the ISP - paving the way for someone else.

Microsoft's lucky break?
A decision in an unrelated case has given the company new ammunition against U.S. District Judge Thomas Penfield Jackson.

Venture Capitalists Exit the Dot-Com Freeway
E-commerce has hit a dangerous curve because the venture capitalists who were driving it have found the freeway off-ramp.

Asian Internet Access Cut for Millions
Internet access for millions of people in China, Malaysia, Hong Kong and Singapore has been disrupted, though the reason for the massive outage is in dispute

Digital Recorders calls NextBus patent infringement claims groundless
Digital Recorders said that allegations made by San Francisco-based NextBus claiming the release of certain products by DRI's Talking Bus unit would infringe patent rights NextBus holds are without merit.

Amazon Loses Patent Suit Round
Barnesandnoble.com wins the latest round in its legal dispute with Amazon, its chief rival in online book retail. Amazon is suing Barnes & Noble for infringing its patent for one-click shopping

Microsoft readies "Hailstorm" against AOL
Microsoft is pushing to sell developers on an upcoming set of Web services building blocks code-named Hailstorm that could be used as part of a new offensive against America Online and its dominance in instant messaging.

Multiple Web sites defaced in hacking spree
A group of malicious hackers defaced a string of corporate Web sites this week, including ones belonging to companies such as Compaq, Intel and Hewlett-Packard.

Can Cell Phones Crash Planes?
Cell phones have been blamed for interference with aircraft systems and investigated as a possible cause for at least one airplane crash. Could the cell-phone industry be held liable?

DOJ Investigates Microsoft Over Investment In Corel
The Department of Justice confirmed that it has launched an antitrust-related investigation of an investment deal and strategic alliance that Microsoft signed last fall with struggling office software rival Corel.

Intel Shuts Net Media Division
Nine months after its launch, Intel is closing down a streaming media content usiness that the world's largest chipmaker said would serve an estimated $2.5 billion market by 2004.

Judge approves domain name penalty on eReferee
In one of the broadest crackdowns ever issued against a domain name holder, a federal judge has ordered eReferee.com to stop using the word "referee" in all of its domain names.

Venture firms gobble up $69 billion last year
Amount raised from investors was double the previous year's total, as mega funds came into their own.

Covad Wins Round 1 in DSL Battle
A judge ruled in favor of Covad Communications Inc. in a case brought against the company by an Internet service provider cut off from Covad's high-speed connection last week.

Microsoft Drafts Political Heavyweights For Antitrust Fight
Washington In a city where allegiances are known to change as quickly as issues, the battle between Microsoft and the government has brought together a Who's Who of Washington players who once sat on opposite sides of the political field.

Oracle grants a vision at OAUG
In different forms and in different octaves, the ringing sound of high-powered corporate marketing echoed through the concrete halls of the Ernest N. Morial Convention Center the way Mardi Gras music is carried along New Orleans' Canal Street, a few blocks away.

Sega sues Kmart over Dreamcast orders
Sega is suing Kmart for allegedly failing to pay $2.2 million of a $25.9 million order for Dreamcast game consoles, according to a lawsuit filed in California Superior Court.

DOJ slams publisher of DVD code
The DOJ this week filed with the appeals court a brief that strongly backs the position of the Motion Picture Association of America, the plaintiffs in the case.

Napster's Billion Dollar Blues
The recording industry scoffs at Napster's settlement offer as if it were a 'Shatner Sings Metallica' album.

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