Colin C. Haley

Buffeted by a poor economy and overextended by its Exodus acquisition, telecom giant Cable & Wireless this morning announced a sweeping restructuring that includes cutting 3,500 jobs and drastically reducing its U.S. and European presence. The company’s Internet services arm, Cable & Wireless Global, will be hardest hit, seeing 19 of its 42 data centers […]

As economic woes continue to weigh on advertising budgets, Spanish Internet giant Terra Lycos is emphasizing paid services to provide sustainable, recurring revenues. That said, search marketing is becoming an increasingly important part of the companies mix, which also includes content, portals and Internet access. This morning, the company, which has U.S. headquarters in Waltham, […]

Besides Microsoft , IT firms large and small are looking to etch their own Tablet PC success stories today. After months of development work and back and forth with the Redmond, Wash., giant, software and hardware vendors today launched products tailored for the new laptop/PDA hybrid in hopes that the platform will reinvigorate sales tamped […]

Telecommunications giant Alcatel and network equipment maker CommWorks Wednesday morning announced a partnership to deliver a ready-made Internet protocol (IP)-based access offering to service providers. Under the pact Alcatel will sell CommWorks’ Total Control 1000 dial-IP/media gateways as part of its next generation network (NGN) portfolio. Media gateways link circuit-switched telephone networks and packet-switched IP […]

Broadening the capabilities of handhelds, Sony this morning said its new CLIE NX-series devices are the first to feature Macromedia’s Flash Player on a Palm operating system. Financial terms were not disclosed. The products come with an interactive CLIE Demo application created with Macromedia Flash to highlight its new capabilities. But the real value of […]

Digital Lightwave will pay $10 million cash for Tektronix‘s the optical network test product line. The move enhances Digital Lightwave’s offerings for Internet protocol network operators and equipment makers, who need to be sure their systems run efficiently in order to deliver data, voice, and multimedia content to customers. Specifically, the products measure for “optical […]

After six months of testing, Google this morning publicly launched a new paid search service to help users who don’t have the tech savvy or time to perform Web searches of their own. Google Answers is the Mountain View, Calif., company’s latest effort to differentiate itself in a crowded field and find new revenue sources. […]

FOXBORO, Mass. — Speaking before a crowd of IT managers, FBI Special Agent Jim Hegarty couldn’t help inserting amusing anecdotes about New York wiseguys and Soviet intelligence agents. The crowd-pleasing stories, gleaned from years of field work, could have come straight from “The Sopranos” or spy novelist John LeCarre. But on the main topic of […]

Hey Steve Jobs, what exactly is your problem with Boston? Are you worried our new waterfront convention center won’t be ready by 2004? Do you think there aren’t enough affordable hotel rooms for attendees? Does the thought of visitors becoming disoriented by Big Dig detours and ending up in Rhode Island scare you? Apple Computer‘s […]

Trade show producer IDG World Expo this afternoon said Apple will participate in the Macworld San Francisco trade show in January. Apple will have “a presence on the show floor as well as the keynote presentation from Steve Jobs,” IDG said in a statement. The two sides, which have brawling since Thursday, say they are […]

Continuing to pare its portfolio to a few key properties, Internet investor CMGI has sold its controlling interest in rich media software maker Equilibrium Technologies. Financial terms were not disclosed. The purchasing group was led by Equilibrium executives. CMGI bought essentially all Equilibrium’s assets in January of 2000. Andover, Mass.-based CMGI, now has six majority-owned […]

In a brutal market, DSL.net‘s strategy is pure Darwin — adapting to survive while amassing the customers and equipment from those who don’t. This morning, the New Haven, Conn., broadband provider ponied up $17 million (cash and assumed debt) for Network Access Solutions of Herndon, Va. NAS has everything DSL.net looks for in an acquisition: […]