- Microsoft, Soft bank each to pay
US$153mln for JV IPO
- Former Prodigy
Executive To Join Virginia Start-Up
- Yahoo
Shares Slips On Advertising Worries
- Check
Free May Be Worth Second Look
- WorldCom
Acquires Intermedia and ASP Digex
- MasterCard
aims to master big-ticket B2B
- SCO/Tarantella
Gets New Money, New Life
- Great Plains
To Preview Co-Built Software
- Two
exchanges form steel alliance
- HP's
buyout of PwC would be no easy deal
- SBC,
Covad Mark DSL Acquisition Trend
- Servistream
Gains CRM Credits with eSplice
- SPSS
and Informix Partner for Customer Analysis
- Listen.com
Lands WiredPlanet
- ADC to buy Broadband
Access for $2.25 billion
- Barnes
& Noble's online store becomes Yahoo's featured bookseller
- Triversity
Teams with TPS To Expand Retail Services
- Universal
Inks Digital Licensing Pact
- Sitel
To Deliver CRM to Canadian Energy Company
- Answerthink
and i2 Partner to Build B2B Marketplaces
Microsoft, Soft bank each to pay US$153mln for JV IPO
Software giant
Microsoft Corp and Internet investor Softbank Corp will each pay US$153.9 million
to maintain their respective 9.5 percent stakes in Asia Global Crossing as part
of the company's planned Nasdaq IPO later this year. Former Prodigy Executive
To Join Virginia Start-Up
Gilat-To-Home Inc. of McLean, a newly formed
provider of high-speed Internet service using satellites, tapped former Prodigy
and MCI WorldCom executive David Trachtenberg to be the company's president and
chief marketing officer. Yahoo Shares Slips On
Advertising Worries
Yahoo Inc. shares slipped 9 percent Monday after
a research note from Lehman Brothers analyst Holly Becker echoed recent concern
about the impact of the slowdown in advertising spending on the company. Check Free May Be Worth
Second Look
Shares of online-billing company Check Free Corp., though
considerably off their 52-week high, are still higher than where they were a year
ago. The stock is currently in limbo after the company warned on fiscal first
quarter earnings, but given the soundness of CheckFree's overall prospects, the
shares should pick up the pace to head higher. WorldCom Acquires Intermedia
and ASP Digex
In a move designed to accelerate its Web-hosting strategy
by 12 to 18 months, WorldCom has announced that it has signed a definitive merger
agreement with Intermedia Communications. MasterCard aims to master
big-ticket B2B
The credit-card company is teaming with TradeCard to create
a system for processing large domestic and international transactions on the Internet.
SCO/Tarantella Gets New
Money, New Life
SCO's Unix kingdom may belong to leading Linux vendor
Caldera, but Tarantella, SCO's remaining product line, has been given a $13.1
million boost by Security Research Associates Inc., with a private stock purchase
of 3,275,000 shares of SCO and SCO owned shares of Caldera Systems Great Plains To Preview
Co-Built Software
At its partners conference in Fargo, N.D., Great Plains
Software will roll out four new financial software and service offerings collaboratively
created with various ISV allies. The previewed products will range from the Great
Plains Supply Chain Series, for B2B trading communities, to a time-and-expense
(t&e) reporting application for Palm handhelds. Two exchanges form steel
alliance
Two online steel exchanges, MetalSite and MetalSpectrum, on
Tuesday announced a business alliance that they say will further improve supply
chain efficiencies for metal buyers and sellers. HP's buyout of PwC would
be no easy deal
The two companies are still likely weeks away from completing
a deal. But it's a move fraught with perils that could test the strength of HP's
recent reorg. SBC, Covad Mark DSL Acquisition
Trend
Weeks after Verizon Communications' proposed acquisition of NorthPoint
Communications, SBC Communications has signed a deal with Covad Communications
that further tears down the wall between incumbents and competitive exchange providers.
Servistream Gains CRM Credits with eSplice
Navarre Corporation, the
parent company of eSplice, said that Servistream will provide instant messaging,
chat sessions, e-mail, voice-over IP, collaborative browsing and traditional toll-free...
SPSS and Informix Partner
for Customer Analysis
The companies said SPSS' CustomerCentric Web-based
customer analysis software will be integrated with Informix's Red Brick Warehouse,
a specialized database technology for data mart applications.
Listen.com Lands WiredPlanet
Two San Francisco companies combine technologies
to simplify finding and storing music online. Listen.com adds streaming to prepare
for the post-Napster world. By Brad King. ADC to buy Broadband
Access for $2.25 billion
Fiber-optic maker ADC will acquire Broadband
Access Systems in a deal that ADC hopes will speed the company's broadband development
efforts. Barnes & Noble's online
store becomes Yahoo's featured bookseller
Online portal Yahoo and online
retailer Amazon.com end their partnership, and Barnesandnoble.com moves in as
the featured bookseller on the portal site. Triversity Teams with
TPS To Expand Retail Services
The integration of Triversity's and TPS's
applications is expected to provide retailers with enhanced capabilities for combining
transaction processing and customer relationship management across all points
of interaction. Universal Inks Digital
Licensing Pact
Universal Music Group (UMG) has entered into a non-exclusive
licensing agreement with Loudeye Technologies to digitally store and encode its
entire U.S. catalog of audio and music titles... Sitel To Deliver CRM
to Canadian Energy Company
Sitel said it will provide data collection,
customer enrollment and customer care for Ontario Hydro Energy for Onsource, a
Web site that will offer electricity, long distance phone, natural gas, water
heater rental, Internet access and wireless access... Answerthink and i2 Partner
to Build B2B Marketplaces
Answerthink will create transaction-based trading
systems using i2's software and Web services. The resulting applications will
give partners a single platform that uses i2's supply chain management technology...
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