Sprint Receives Payout for Global One Exit
Sprint Corp. today detailed its agreement for disengaging itself from Global One Communications Inc., its global partnership with Deutsche Telekom AG and France Telecom SA.
Stories by Mary Lisbeth D'Amico
Siemens sees profits soar, sales rise in Q1
Siemens yesterday said net income soared 91 per cent in the first quarter of its new fiscal year, pointing to the fact that all its divisions are now producing profits.
Good Q4 Boosts SAP's Results for Fiscal 1999
Citing record growth in its fourth quarter, SAP AG today said its net income in the 1999 fiscal year grew 14 percent.
First Cybersquatting Case Settled
The World Intellectual Property Organization (WIPO) has settled its first case of cybersquatting, the practice of registering for an Internet domain name with the intention of profiting from the resale of the name.
Deutsche Telekom, France Telecom Battle for Global One
Deutsche Telekom AG and France Télécom SA are entering the end-stretch in their negotiations to decide which of them will take over Global One, the global alliance they share with Sprint Corp.
S3, Transmeta Team to Deliver Net Appliances
A day after Transmeta Corp. unveiled the long-awaited Crusoe processor series, S3 Inc. today stepped up to the plate announcing that it will design and produce Crusoe-powered Internet appliances based on the open-source Linux operating system. The appliances will be targeted at users looking for a Linux-based device for accessing the Internet, powered by an x86-compatible processor, S3 said in a statement. S3 did not indicate when the appliances would ship, and S3 executives could not immediately be reached for comment.
Fujitsu Siemens to Launch Celvin Easy PC
Fujitsu Siemens Computers BV yesterday introduced the Celvin Easy PC, its first entry into the market for smaller, easier-to-use home computers.
DT Makes New Wireless Unit, One 2 One Chief Leaves
Deutsche Telekom AG today said it will bundle its mobile phone activities into one new unit called T-Mobile International AG.
DT Profit Nearly Halved in Fiscal 1999
Profit at Deutsche Telekom AG (DT) fell by nearly half in the 1999 fiscal year, due to massive price reductions in the telecommunications market and the cost of acquisitions over the course of the year, the German carrier announced today.
DT, Swisscom to Launch Digital Marketplaces
Everybody wants to get into e-business these days, and Europe's former monopoly carriers are no exception.
Software AG punts on XML for the future
Relying on a bright future for Extensible Markup Language (XML), Software AG yesterday announced a set of tools and products designed to help companies develop and implement XML-based Web applications.
Siebel Acquires Marketing Vendor Paragren
Siebel Systems Inc. yesterday said it acquired Paragren Technologies Inc., a vendor of marketing automation software, for an undisclosed sum from its parent company, APAC Customer Services.
Software AG Sees Record Earnings
Software AG, the German systems software vendor, yesterday said it achieved record increases in its sales and earnings for the 1999 fiscal year, according to preliminary figures.
WIPO tells cybersquatter to return domain name
The World Intellectual Property Organisation (WIPO) has settled its first case of cybersquatting, the practice of registering for an Internet domain name with the intention of profiting from the resale of the name.
Baan CFO Mooney Calls It Quits
The shakeout continues at Dutch-American business software vendor Baan Co. NV with the announcement today that Chief Financial Officer James Mooney will leave the company to pursue other opportunities.