Stories by Juan Carlos Perez

HP Bullish About 'E-Services' in LatAm

Businesses in Latin America are embracing the Internet to improve the way they do business, a Hewlett-Packard Co. executive said in a recent interview.

LatAm Startups Continue Raking In the Cash

Dollar bills keep raining down on startups targeting the Internet market in Latin America, proving that investors' enthusiasm for this market's potential continues to rise. This week, three startups closed multimillion U.S. dollar investment rounds to continue developing very different Web sites.

BellSouth Plans LatAm IPO, Eyes Expansion

U.S. carrier BellSouth Corp. is bullish about its Latin America business and plans to expand its operations in the region, the company said yesterday in documents filed with the U.S. Securities and Exchange Commission (SEC).

Opening of Brazil's Telecom Market Successful So Far

The agency that regulates Brazil's telecommunications market gets high marks from credit-rating company Fitch IBCA for its work in overseeing the opening up of Latin America's largest telecommunications market.

BancBoston-backed B2B Site Launched for LatAm

The promise of unbridled growth for Latin America's electronic-commerce market continues luring investors. Today, two e-commerce portals were announced, one of which is owned in part by BancBoston Capital.

Espuelas: StarMedia Leads LatAm Portal Market

Back in 1996, when most people considered the Internet market in Latin America a wasteland, Fernando Espuelas instead saw a huge opportunity to make money and effect social change. Espuelas, then in his late 20s, quit his job as AT&T Corp.'s marketing general manager for Latin America and co-founded, with Jack Chen, StarMedia Network Inc., a portal modeled after the likes of Yahoo Inc. and Lycos Inc. but focused on Latin America.

Site Bets on LatAm's Dearth of Finance Information

Greg Keough knows how difficult it is to ship products across borders in Latin America because he once headed a Central American distribution company in El Salvador. From his years spent living and traveling in Latin America, he also knows that personal finance information is not as readily available in the region as it is in the U.S.

LatAm Financial Site Buys Spanish Net Bank International Ltd., a high-profile financial services and information portal geared mostly towards Latin Americans, has acquired an online bank in Spain, which it plans to use to extend its services throughout Europe, the company announced today.

Y2K effects to last throughout 2000

A widespread misconception that most year 2000 problems will occur between late December 1999 and early January 2000 could leave companies worldwide unprepared to deal with outages that occur outside that time frame, an analyst has warned.

Gartner ITxpo: Novell's Schmidt hawks value of NDS

The interoperability that currently exists between Novell's Novell Directory Services (NDS) and Microsoft's Windows NT domain architecture will carry over to be available for Windows 2000 when that operating system ships, Eric Schmidt, Novell's chairman and chief executive officer, said yesterday.

Sybase joins portal craze

Sybase has announced several new and upgraded products and outlined a strategy to profit by selling its software to companies that want to build corporate Web portals.

Novell CEO says directories key to e-commerce

Directory technology, which consolidates a user's information centrally on a network, is critical to the success and development of electronic commerce, Novell Chairman and CEO Eric Schmidt said at Compaq's Innovate Forum 99.

IBM Revamps OS/390

IBM Corp. will begin shipping in March an upgrade of its OS/390 mainframe operating system -- Version 2.7 -- that features a raft of enhancements in areas like networking, security and systems management, improvements IBM hopes will increase the viability of S/390 mainframes for electronic commerce.