InternetNews Staff

[SOUTH AFRICA] The dot-com bubble has burst; PC sales are down for the first time ever; Oracle has been predicting the end of the PC for 5 years – centralized, continuously updated applications will be rented out by companies, they believe. And Palm says the PC is not designed for the consumer, handheld devices are […]

Amid industry-wide scale-backs over the past number of weeks, Seattle-based online retailer Amazon.com, Inc. today announced that net sales for the December quarter of 2000 are expected to exceed $960 million, an increase of more than 40% over net sales of $676 million in the fourth quarter of 1999. Gross profit for the fourth quarter […]

Amid the industrywide cutbacks, New York Times Digital, the Internet division of The New York Times Co., plans to lay off about 17 percent of its work force, the paper reported in its Sunday edition. The layoffs will affect 70 of the 400 employees working at the interactive division, The New York Times reported. The […]

Shares of Sapient Corp. dipped Friday morning after the Cambridge, Mass., e-consultancy cut its revenue and profit estimates for the fourth quarter of 2000. Sapient said earnings for the three months ending in December would likely be $139 million, compared to consensus analyst estimates of $143 million. It’s estimating per-share profits at 10 cents, compared […]

[ASIA] PricewaterhouseCoopers (PwC) has charted a comprehensive strategy for information technology architecture and e-commerce initiatives for the Andhra Pradesh (AP) state government. “PwC has made a comprehensive report on the strategy to be adopted for setting up an IT infrastructure and security protocols to enable the AP government to implement e-governance on a mass scale. […]

In a move aimed at broadening its role in the wireless applications markert, AVT Corporation announced the acquisition of Infinite Technologies, a global supplier of wireless applications and wireless infrastructure solutions. The acquisition follows the Kirkland-based company’s October 2000 announcement of its intention to extend its market leadership position in the areas of unified messaging […]

[SOUTH AFRICA] Theres no middle ground with spam. Either you hate it, or you love it to the extent that you send it to millions of people 99.9% of whom fall into the first category and then grumble or shout about the horror that their inbox is becoming. Even worse, spam, long the domain of […]

Startec Global Communications (Hong Kong) Ltd., a wholly owned subsidiary of Startec Global Communications Corp. , has signed a VoIP traffic exchange agreement with Far East Gateway (FEG), an affiliate of China Netcom Corporation Ltd. (China Netcom). Through the agreement, Startec will be able to connect to China Netcom’s fiber-optic IP backbone network through FEG’s […]

Motorola today announced the commercial launch of the iRadio system, an in-vehicle platform that combines entertainment, location-based information, navigation, emergency calling and communication into one complete, driver-friendly system. Drivers will be offered a range of service levels from basic to premium packages, much like ordering cable TV. A personalized Web page will enable the iRadio […]

[SOUTH AFRICA] Many have expressed fears that the Internet is isolating individuals and replacing actual communities with virtual ones. According to a report by the Pew Internet and American Life Project these fears are as invalid as the fears that pure play e-tailers would eliminate bricks-and-mortar stores – at least as far as religion is […]

[SOUTH AFRICA] According to a report by the mergers and acquisitions tracking firm, Webmergers, at least 210 major dot.com companies closed their doors last year, resulting in a loss of 15,000 jobs and US $1.5 Billion in investment evaporating in December alone. B2C took it in the neck, with 75% of closures falling in this […]

Sunhawk.com Corporation, a provider of Digital Asset Management Solutions, announced that the Company has cancelled its proposed acquisition of Logos Research Systems, Inc. Seattle-based Sunhawk has opted out of its pending acquistion of the e-publisher and creator of digital libraries, under the current letter of intent, initially signed last November. While the initial letter of […]