Nortel buys Bay Networks for $US9.1 billion
Northern Telecom (Nortel) ended weeks of speculation last month by announcing that it is buying Bay Networks for $US9.1 billion.
Stories by Nancy Weil
IBM's Gerstner calls for unrestricted encryption
IBM Chairman and CEO Lou Gerstner yesterday called for unrestricted levels of U.S. domestic encryption technology so that corporate networks can be better protected from hackers and others who seek to breach security, and also urged the U.S. government to work closely with other nations on a global encryption policy.