InternetNews Staff

Lycos Asia, a joint venture between Terra Lycos and SingTel, has launched a campaign to promote new features and capabilities of its recently upgraded Lycos Search engine to Internet users in the region. The regional campaign, worth more than S$4 million (US$2.2 million), will be spent on advertising and promotional activities. “Looking at the way […]

Read-Rite Corporation today announced that they have begun volume tape head shipments for Benchmark Storage Innovations, Inc.’s ValuSmart Tape(TM) 80, the industry’s first half-high DLT tape drive. “We are excited to provide enabling technologies to Benchmark’s ground breaking new offerings,” said Craig Cocchi, Read-Rite’s Vice President and General Manager of Tape Head Business Unit. “We […]

Management Changes at Netcentives San Francisco-based e-mail marketer Netcentives will have a new chief financial officer and a new chairman, following two resignations Wednesday. Chairman West Shell III has resigned, though Netcentives did not disclose the reason. CFO Jack Longinotti, who also held the chief operating officer post, left the company to pursue other opportunities, […]

AOL Time Warner Wednesday revealed that the merger between America Online Inc. and Time Warner — the largest merger in history — cost the company nearly $1 billion in post-merger activities. In a filing with the Securities and Exchange Commission Wednesday, the company recorded a “restructuring liability” of $965 million, of which $565 million were […]

storage area network (SAN) solutions vendor Dot Hill Systems Corp. today announced that its SANnet systems have successfully passed the Verizon fire resistance test performed by the Huntsville, Alabama facility of Wyle Laboratories. “We believe that data tone equipment needs to meet, as a minimum, the same reliability standards as dial tone equipment. Our SANnet […]

Following yesterday’s announcement that accounting ASP eLedger would shut down its service and sell its source code to all takers, the CEO of small business accounting and services ASP NetLedger Inc. insists that his company will not suffer the same fate. “The pure accounting ASP is a dead end. There’s just not enough of a […]

In a tough economy, one viable trick is to come up with new ways to make money. So if you have a proven technology, why not sell it? That’s essentially want MP3.com Inc. has cooked up; the music service provider drew the curtain on an Audio Hosting Service Wednesday for people that desire the facility […]

QLogic Corporation the leading SAN infrastructure provider, this week announced its financial results for the fourth fiscal quarter and fiscal year ended April 1, 2001. Gross revenues in the fourth quarter rose to a record $100.5 million, up 55% compared to the $64.7 million reported for the same quarter a year ago. Fourth quarter pro […]

Network Appliance today announced results for the fourth quarter and fiscal year 2001. Revenues for the fourth fiscal quarter were $225.8 million, an increase of 13% compared to revenues of $200.0 million for the same period a year ago. According to the company, revenues for the fiscal year 2001 totaled $1.0 billion, an increase of […]

Storage @ccess Technologies, Inc. this week announced the availability of its remote enterprise class data protection services. Based on the @ccess Data Protection family of services, the company’s remote offerings are available via a remote direct or Internet connection. All data is stored and managed at one of the company’s Storage Network Access Points – […]

Storage switch vendor Brocade Communications Systems Inc. reported lower second quarter profits on Tuesday.The San Jose, California-based company reported net income of $12 million, or 5 cents per share, for its fiscal second quarter ended April 28, compared with net income of $13.3 million, or 6 per share a year ago. Sales rose to $115.2 […]

CAPE TOWN — London-listed Dimension Data plc (DiData) yesterday announced its results for the six months ending 31 March 2001. Despite the economic slowdown, these results showed improvement across the board, with total turnover increasing 50% to US$1,225.2 million. Other highlights include: Total operating profit before goodwill amortization up 40% to US$122 million Profit on […]