InternetNews Staff

CNET Networks Thursday announced its first-quarter revenue will be between $75 million and $80 million, rather than previously issued revenue guidance of $86 million to $92 million. The company expects negative cash flow of between $5 million and $12 million. “As we have seen over the past few weeks, several major technology companies have announced […]

Qualcomm Inc. said Thursday that it has licensed MP3 patents from Thomson Multimedia and will build the audio technology into its wireless CDMA integrated circuits and system software. The agreement will enable consumers to play audio files on their wireless devices. “With the emergence of next-generation CDMA wireless high-speed networks, wireless phones will increasingly become […]

[London, ENGLAND] Investors, unable to resist yields as high as 8.5 percent, purchased US $16.4 billion of France Telecom’s debt in a bond sale that broke all records this week. Originally, France Telecom had planned for between US $7 billion and US $8 billion, but with demand so high the French telco was able to […]

Lycos Asia, joint venture between Terra Lycos and SingTel, today announced its long rumored acquisition of Myrice.com. Lycos Asia has been on a buying spree in the Asia region over the past year acquiring in whole or entering into joint venture agreements with a variety of companies around the Asia region. Myrice.com, a Chinese language […]

[JERUSALEM] Location-based service provider LocatioNet opened a subsidiary in New York, its first outside Israel. LocatioNet’s Platform is a modular, real-time technology that enables rapid integration of its mapping engine and a variety of technologies, content and applications to meet location-determination needs. The company is increasing its presence in the U.S., hoping to capitalize on […]

[London, ENGLAND] Telekom Austria AG announced Thursday the launch of broadband delivery via satellite, following successful trials in a number of Austrian schools. Named SkyMultiMedia, the new service has been characterized as “ADSL from the Sky” because it provides Internet streaming at speeds similar to those achieved over fixed lines. Rudolf Fischer, chief technical officer […]

Internet Security Systems (Nasdaq: ISSX) named Edgar Zorrilla as vice president of its Latin American operations. Zorrilla will oversee ISS’ business expansion in Latin American markets. He will be based in Boca Raton, Fla. The former director of global network services in Unisys Corp., has also worked at NetGen Internet (formerly GES) and Teleinformatica TTI […]

[JOHANNESBERG, SOUTH AFRICA] – Accenture and Microsoft are teaming up with Financial Mail/Futurecompany to host a conference featuring international speakers in Johannesburg and Cape Town at the end of May 2001. The May event, themed “Future Trends for Future Companies,” will feature a panel of speakers provided by Accenture and Microsoft and other global conference […]

Internet.com is gearing up for its upcoming Seattle Internet Breakfast Forum (IBF) to be held at the Seattle Sheraton on March 21 from 7:45am – 10:00am. The keynote speaker at the breakfast will be Avenuea A Co-Founder and Chief Strategy Officer Michael Galgon, who will be sharing his views on the future of digital marketing. […]

Taiwan vendor Sampo said Wednesday it planned to sell its line of Net-connected home appliances via OEMs in Europe. The line, which the company recently started selling under the Sampo brand in Taiwan, includes an air conditioner, air purifier, dehumidifier, fan, fire detector, gas detector, outlet controller,motion sensor, Internet refrigerator, and home server. The company […]

Java mobile provider Vaultus has appointed Albert Macchioni as chief financial officer, and Richard Fuller, David Scanlan and Donald Norman to its board of directors. Macchioni will be responsible for contributing to the development of the company’s overall business plan while tracking its financial health. “Al brings 25 years of financial management experience to us […]

JERUSALEM – As Israel’s life sciences industry gains international recognition, BioIsrael.com hopes to become the premier news site for Israeli biotechnology news. Founder and publisher Bernard Dichek started the English-language site after working for a number of years as a journalist and media advisor in the biotech industry. The site was to cater to the […]