InternetNews Staff

On Thursday, the market bought Amazon on expectations that the first quarter results would be good. Today, they continued buying after having their optimism reward and getting mroe good news. Amazon executives said on Friday that revenues were up by 28 percent for the first quarter of 2003 to $1.08 billion. And that in the […]

Globix , an early member of New York’s Silicon Alley, will no longer sell DSL service, choosing to focus on more profitable services such as Web hosting, streaming media and managed co-location services. The company entered the DSL market four years ago through a partnership with Covad . Its accounts will be transfered to Covad. […]

President Bush intends to appoint John W. Stanton, chairman and CEO of Western Wireless and chairman of T-Mobile USA, as the Cellular Telecommunications and Internet Association (CTIA) representative to the President’s National Security Telecommunications Advisory Committee (NSTAC). The Office of the President created NSTAC in 1982 to advise the president and executive branch on matters […]

The Securities and Exchange Commission (SEC) has asked Riverstone Networks for information about its accounting practices. The request could lead to “a formal investigation on the same topic,” Riverstone said in a short statement this morning. A spokesman for the Santa Clara, Calif., network equipment maker would not provide additional details. News of the SEC […]

Casio Thursday unveiled two rugged handheld computers targeted at the retail, health care and restaurant industries, among others. Casio envisions retailers using its DT-X10 and IT-500 handhelds to issue receipts for products and order supplies while on the shop floor. It could be used in hospitals, the company said, to enter diagnostic data and manage […]

Lucent COO Bob Holder, who helped the telecom equipment maker navigate restructuring, shareholder lawsuits and a Securities and Exchange Commission probe, has resigned, effective this summer. After Holder’s departure, Chairman and CEO Patricia Russo will assume his responsibilities and the position will be scrapped. “Now that a number of significant issues are behind us . […]

Chip-maker Intersil said last week that it has made sure its PRISM line of Wi-Fi silicon now have software compatible with the all the current Microsoft Windows operating systems: 98, 2000, Millennium Edition (ME) and XP. The company has also partnered with 802.1X security provider Funk Software of Cambridge, Mass. to make sure the PRISM […]

The worldwide market for handheld devices declined in the first quarter of 2003 due to sluggish demand from businesses and consumers alike, according to tech research firm IDC’s “Worldwide Handheld Qview.” Despite new advances in handheld functionality and a drop in prices, handheld devices just aren’t capturing widespread market share in the PC marketplace, for […]

Averatec, formerly known as Sotec America, Wednesday launched a new laptop with built-in 802.11b for budget-minded users. The 3150P is powered by AMD’s new Mobile Athlon XP-M processor and includes 256MB of RAM, a 30GB hard disk, a DVD/CD-RW combo drive, USB 2.0 ports and Microsoft Windows XP Professional. The 4.3-pound notebook will retail for […]

Notify Technology Tuesday announced that it will support all Wi-Fi-enabled Palm and Pocket PC devices on all versions of its NotifyLink Enterprise Editions. The San Jose, Calif.-based company said the added support will allow users to send and receive e-mail and access content from a personal information manager (PIM) whenever they are in a Wi-Fi […]

Bloated databases and post-Enron regulations on records retention are among the many factors keeping the storage sector humming. After all, if there is one area where IT managers can least afford to flirt with obsolescence, it’s storage. Increasingly, firms that offer a range of enterprise-class storage products and services are recording gains despite the economic […]

Now that there are Palm units out with built in Wi-Fi , it’s time to get those handhelds online. Enter Wayport . The provider of wired and wireless Internet access in over 500 hotels and 10 airports has entered an agreement with Palm for co-marketing. Purchasers of the Tungsten C handheld — which uses 802.11b […]