Stories by Juan Carlos Perez

PeopleSoft Acquires APS to Improve Data Analysis

Looking to strengthen its Enterprise Performance Management data analysis software suite, PeopleSoft Inc. has bought Advance Planning Solutions Inc. (APS), which makes software for business modeling, PeopleSoft announced today.

MCI WorldCom Beats Expectations by a Penny

MCI WorldCom Inc. closed its first fiscal quarter with an 80 percent increase in net income, to US$1.3 billion, or 44 cents per share, compared to $730 million, or 24 cents per share, in the first quarter of last year, the company announced today.

Internet Data Center Launched in Brazil

Diveo Broadband Networks Inc. announced today it has launched a data center in Sao Paulo, Brazil, to provide a variety of Internet-related services to businesses in that city.

Compaq Meets Expectations, But Revenue Flat

Compaq Computer Corp.'s growing pains as it tries to evolve from a PC manufacturer to a broader systems provider continue to plague the company, which today reported a minuscule 1 percent increase in revenue in the first fiscal quarter.

Cellular/PCS Subscribers Grow 47 Percent in LatAm

The number of subscribers to cellular services and PCS (personal communications services) rose 47 percent in 1999 to 40.5 million in Latin America, compared with 1998, according to a new report from the Strategis Group Inc. in Washington, D.C.

Forrester: E-Commerce in LatAm to Hit $82B in 2004

In what is to date the most optimistic outlook for electronic commerce in Latin America, Forrester Research Inc. is predicting that online sales will reach US$82 billion in the region by 2004, and that's without counting México, which the analyst firm considers as part of North America.

AOL's Q3 Revenue Rises 47 Percent to US$1.8B

America Online Inc. (AOL) closed its third quarter with revenue up 47 percent to US$1.8 billion, compared to the same quarter last year. Most of the revenue -- $1.15 billion -- came from subscription fees, while the rest originated primarily from advertising and commerce, the company said today.

StarMedia Tops Analyst Expectations in Q1

StarMedia Network Inc., the Latin America-focused Internet company whose shares took a dive in March and haven't recovered, wowed analysts today with its first-quarter financial results.

StarMedia Users Surfed, Bought More Online in '99

Users of StarMedia Network Inc.'s various Web sites and portals spent more time online, and more of them made online purchases in 1999 than in 1998, according to the company's second annual survey of its users' online behavior.