InternetNews Staff

By Ryan Naraine Online payments firm PayPal is moving to get its $70 million offering back on track after a lawsuit postponed it last week. But legal headaches and a jittery public market could reduce the deal’s price, according to Wall Street experts. Paypal was forced to delay the IPO last week after being hit […]

By Erin Joyce New York City’s first Internet-ready public phone is open for service, offering Web access and e-mail for 25 cents a minute — and looking to tease cell phone users back to pay phones. Located on the southwest corner of West 46th Street off Fifth Avenue, the phone also features long distance service […]

The term “Web Services” has begun to take on a familiar ring, becoming accepted in the business landscape as jargon to mean anything and everything delivered over the World Wide Web. But apart from their generic marketing use, the words have evolved into a more specific definition. So what exactly is a web service? Quite […]

Shares in EDS , the Plano, Texas-based business services provider (BSP) fell 4.7 percent, to $56.20 today, after the firm yesterday reported its fourth quarter 2001 results. Although the results exceeded expecations, they fell short of analysts revenue forecasts. Earnings per share of 81 cents were reported for the fourth quarter, excluding a one-time credit, […]

The TriZetto Group, Inc. , the Newport Beach, Calif-based healthcare ASP, today announced it has signed a licensing agreement with Providence Health Plans, a provider serving more than one million members in Oregon and southern Washington. Under the agreement, Providence will use TriZetto’s Facets managed-care administrative system, HealthWeb Internet platform, and new HIPAA Gateway product, […]

Seeking an advantage in a highly competitive industry, banks, brokerages and mutual fund operators will triple their spending on Web self-service software over the next three years, according to Meridien Research. “Although a large percentage of institutions already have some Internet-based self service options, very few today offer advanced facilities such as structured dialog and […]

About 21 million users in the U.S. will access public wireless local area networks (WLANs) by 2007, according to a new report released Thursday by research firm Analysys. Those public WLANs, based on the 802.11 standard, will be located in places such as airports, malls and hotels and will offer fast access to the Internet […]

Storage Computer , of Nashua, N.H., has filed a second patent infringement lawsuit against rival Veritas Software , of Mountain View, Calif. The complaint, filed in U.S. District Court for the Northern District of Texas, alleges that Veritas violated Storage Computer’s patent for “Data Storage System with Asynchronous Host Operating System Communication Link.” Storage Computer […]

Interliant, Inc. , the Purchase, N.Y.-based ASP, today launched an enhanced version of its INIT Host platform in support of the company’s INIT Branded Solutions program, which allows partners to provide its hosted solutions suite to the small and medium-sized business (SMB) market under their own brands. Partners can private-brand, co-brand or outsource all or […]

Dynamics Research Corp. , an Andover, Mass., information technology outsourcer, has won a $9 million contract extension from the Colorado’s Department of Human Services. Under the 18-month deal, DRC will support and maintain a statewide network with more than 4,000 users on a variety of client-server based systems. Programs that run on the system include: […]

Digex, Inc. , the Laurel, Md.-based managed hosting provider (MSP), yesterday announced revenues of $55.2 million for the quarter-ended December 31, 2001, compared with $57.9 million a year ago. Full-year 2001 revenue totaled $214.4 million, a 28 percent increase over 2000 revenues of $168.1 million. Managed servers totaled 3,588 with average monthly revenue per server […]

Sun Microsystems, Inc. this week announced new storage software, systems, services, and partner programs. Sun said the new storage software offerings are built on its Storage ONE architecture including file systems and four new software suites: availability, performance, utilization, and resource management. The company also announced the new Sun StorEdge 3900 and 6900 series, which […]