InternetNews Staff

Even though the xSP market still faces challenges such as a dubious reputation, leadership and management scandals, overhype and a poor economy, market research firm IDC today announced it finds this broad-based market, which encompasses several service categories, not only stable but growing. According to Worldwide xSP Forecast, 2003-2007, the firm reports that the industry […]

Continuing to push paid services, Terra Lycos unveiled a new version of its Quote.com investor site, adding real-time market data and online trading tools. The Madrid-based Internet access and content giant said the improvements result from a new agreement with CyberTrader, a subsidiary of Charles Schwab . “Lycos is focusing more on high-end individual traders, […]

Re: No Mystery: The Slow Growth of Interactive Marketing by Chris Elwell I found Mr. Elwell’s commentary (Feb 26, 2003) on the state of interactive marketing to be largely misguided. His analysis missed many of the major dynamics in the interactive marketing today, especially among ad agencies. I found his words to be more lamenting […]

Business process outsourcing (BPO) providers are looking to add mid-market companies to their roster of Global 500 clients, a new survey from Gartner finds. Though the BPO definition varies most agree that the following functions can fit: human resources, logistics, procurement, engineering, marketing, sales, facility operations and management, legal, finance and accounting. In 2002, 64 […]

Despite stagnant or sinking IT budgets, skilled technology workers are getting their due. According to new research from The META Group, 61 percent of IT managers said compensation will account for a quarter to a half of their budgets in 2003. Last year, only 40 percent claimed the same range. “We expect IT compensation to […]

The airlines want $4 billion in federal aid to stave off bankruptcies. Since no one is flying, online conferencing must be booming right? Not according to WebEx Communications . The San Jose, Calif., company is warning that revenues for the first quarter and fiscal 2003 would miss forecasts. “We continue to face challenges due to […]

Personal computer company Gateway is delaying the filing its annual report with the Securities and Exchange Commission until April 15th so it can review its accounting for bundled AOL Internet services in 2000 and the first quarter of 2001, the company said. The delay is also related to a previously announced SEC investigation regarding its […]

Sprint plans to deploy a “government grade” private IP network by June that the telecom giant hopes will be attractive to federal agencies. The network will offer virtual LAN, virtual private networks and voice over IP but will not be connected to the public internet. Mimicking its SprintLink system, intranet will use dedicated routers to […]

Struggling computer services firm EDS has sold off its subscription fulfillment business to New York-based AMREP Corporation for $10 million in cash and assumed liabilities, the companies said today. EDS said it expects to net about $27 million in cash overall from the transaction, including the purchase price plus an estimated $21 million in retained […]

IT services company Computer Associates is cutting 450 jobs worldwide as the result of streamlining within its sales and technical channels. The Islandia, N.Y. company trimmed the jobs when it formed its new CA Technology Services group, which will combine its pre-sales technical and professional services organizations. The staff eliminations will occur immediately in North […]

Under a new contract, Edge Web Hosting is using Sockeye Networks‘ GlobalRoute service to help manage network traffic. Neither financial terms, nor duration of the deal, was disclosed. By automatically routing network traffic around bottlenecks, GlobalRoute ensures Edge Web’s enterprise customers receive don’t suffer delays. GlobalRoute also balances traffic across Edge Web’s Internet transits to […]

Looking to broaden its portfolio of services, BlueStar Solutions, an application outsourcing provider that specializes in SAP services, yesterday announced that it has signed a definitive agreement to acquire Agilera Inc., a full-service ASP based in Englewood, Colorado. While terms of the agreement were not released, BlueStar Solutions did say that Agilera shareholders will exchange […]