Erin Joyce

Wireless consulting firm Mobilocity‘s losses are apparently QUALCOMM’s gain. The San Diego-based wireless technology maker has hired top talent from the troubled New York-based consultancy to staff up its own Wireless Knowledge consulting division. On Wednesday, the San Diego-based QUALCOMM said it hired Mobilocity’s Chief Technology Officer Omar Javaid along with other key strategists and […]

Could the same market forces clobbering the financial services industry be forcing financial content aggregators ScreamingMedia and Inlumen into each other’s arms? Renewed talk of a possible merger agreement between Web-based content aggregator ScreamingMedia and its fellow financial info provider has surfaced recently. It’s not the first time deal chatter has focused on ScreamingMedia either. […]

Media giant Bertelsmann announced on Tuesday it would phase out its BOL.com e-commerce businesses that are losing money but would hang on to its stake in online book seller BarnesandNoble.com . The announcement followed a flurry of press reports over the weekend and on Monday that said the media giant was mulling offers to sell […]

General Motors is linking up what’s expected to be the fastest supercomputer in the auto industry after it purchased more high-performance pSeries 690 servers from IBM . The servers, 32-way 1.3 GHz p690s with 2 GB memory per CPU, would rank GM as the fastest supercomputer system in the auto industry once the system is […]

“True” broadband infrastructure would help advanced countries such as the United States add as much as $500 billion to their Gross Domestic Product, according to Gartner Dataquest . The tech research firm reckons the impact of ubiquitous broadband in the U.S. could total as much as $500 billion worth of goods and services produced over […]

In a move that could help spur SMS usage in the U.S., the Federal Election Commission has given a New Jersey-based text messaging company a waiver regarding disclaimers on political ads sent over wireless text messaging platforms. The opinion, issued Thursday, would exempt SMS (short message service) from running disclaimers about who paid for ads. […]

AOL Time Warner is looking to deliver high-speed broadband services to 10 million homes as part of a restructured 10-year joint venture with AT&T regarding their Time Warner Entertainment cable/content assets. The deal means AOL gets back full control of major entertainment properties within TWE such as the cable channel HBO and Warner Brothers Studio, […]

The music industry has taken aim at major Internet Service Providers as part of its battle against online music sites. Major recording companies such as Arista Records, Interscope, Bertelsmann’s RCA Records, Sony Music Entertainment and AOL Time Warner’s Warner Brothers filed suit on Friday against ISPs AT&T Broadband, Cable & Wireless, Sprint Corp and UUNet […]

Amid the rubble that is the telecommunications landscape these days, a sub-sector of companies has sprouted and appears to be thriving. They call themselves managed telecom service providers: companies that buy voice and data services from wholesalers and deliver it in bundled services over an Internet connection. Just don’t call them Voice over IP providers, […]

AOL Time Warner joined the hordes of public companies certifying their financial documents under a new Securities and Exchange Commission rule and also revealed that it may have overstated revenue by $49 million within its struggling AOL division. The company said it discovered the accounting problems on three transactions about 10 days ago and was […]

Shares of Sirius Satellite Radio fell by 43 percent to 77 cents Wednesday after it said it may have to seek bankruptcy protection or a sale of the company if it doesn’t get $300 million in operating capital by early 2003. Although it has just under $300 million on hand to fund operations until then, […]

Hit by a triple whammy of a recent recession, accounting scandals, and the impact of September 11, financial services firms are leading an outsourcing surge, a recent study shows. Technology research firm Dataquest Inc., a unit of Gartner, Inc. , estimates that worldwide financial services business process outsourcing (BPO) revenue will total $41.3 billion this […]