InternetNews Staff

Streaming broadcast provider Streampipe.com has filed for Chapter 11 bankruptcy protection in Virginia’s Eastern district. The news was first reported in the Washington Post. Company executives confirmed the news. Analysts have expected this sector to do well in today’s travel adverse climate. And Streampipe did seem to be meeting with some success. Earlier this year […]

By Ryan Naraine New York-based online recruitment firm HotJobs.com, Ltd. said Monday it would accept the renegade acquisition offer from Yahoo! but the announcement left the door open for TMP Worldwide Inc. to sweeten the pot. HotJobs said the Yahoo! cash and stock bid, valued at approximately $436 million, was a “superior proposal.” However, the […]

The United States Navy Medicine has signed an agreement to use MedSeek’s SiteMaker as a content management tool to manage its Web site. SiteMaker will provide the tools to extend U.S. Navy Medicine’s Web services to customers’ patient beneficiaries. “SiteMaker is allowing us to become the Yahoo! of Navy Medicine,” said Lt. Michael Whitecar, executive […]

ON Technology , a Waltham, Mass., provider of business software to run remote computer networks, has signed two large deals that should help it reach its goal to break even in the fourth quarter. The contracts come from a global pharmaceutical company and a large Canadian bank. Neither the size of the pacts nor the […]

Japan’s NTT DoCoMo said Friday that it will exercise its option to purchase more shares of U.S.-based AT&T Wireless. The Japanese company previously purchased 16 percent of AT&T Wireless. DoCoMo said in a statement that it’s additional purchases will maintain that percentage of ownership. DoCoMo said its decision is contingent on AT&T Wireless’ acquisition of […]

LSI Logic Corporation announced today that the LSI44929O Host Bus Adapter (HBA) has been verified by Brocade Communications Systems, Inc. as interoperable with Brocade-based Storage Area Networking (SAN) infrastructures. Testing was conducted through the Brocade Fabric Aware Program, a multi-vendor end-to-end interoperability initiative for enterprise SANs. “We are pleased that LSI Logic has successfully completed […]

SANgate Systems, Inc. today announced that Patrick Courtin has joined the company as chairman and chief executive officer (CEO). The company said Mr. Courtin brings over twenty years of CEO and senior management experience with technology focused companies such as Gensym Corporation, M3i Systems and Proteon. “I am thrilled to join SANgate Systems at such […]

Intacct, an accounting Web services provider, yesterday announced the it has added Intacct Consolidation to its suite of Net-native applications. A companion application to Intacct’s enterprise-class General Ledger, Intacct Consolidation is an optional, integrated application that is designed to enable the customized, automated roll ups of multiple subsidiary companies into a parent company. The application […]

By Ryan Naraine One day after winning court approval to acquire the assets of bankrupt Winstar Communications for a mere $43 million, New Jersey-based telco provider IDT Corp. said the deal would significantly narrow the gap with its main competitors. “The only thing we didn’t have was the last mile, said IDT boss Howard Jonas. […]

Mountain View Data (MVD) has announced that its newly released MVD Powered NAS 1.0 software has passed validation tests on IBM’s xSeries servers. Per Larson, Vice President of Solutions for IBM eServer, said, “the combination of MVD Powered NAS 1.0 software with IBM xSeries is another example of IBM’s commitment to finding and partnering with […]

OTG Software, Inc. , a provider of online data storage, data access and email management solutions, this week announced the availability of DiskXtender for Unix and Linux (DXUL), version 2.4. “The latest enhancements to our storage management software for Unix and Linux operating systems further demonstrate our vision to provide customers with immediate access to […]

Beleaguered Palm Inc. said Wednesday that its revenues for the quarter ending November 30 were up compared to the previous quarter but still were down from the same quarter a year ago. The company reported revenues for the quarter of $290.6 million compared to $214.3 for the previous quarter. However, sales for the same quarter […]