Roy Mark

With the U.S. House of Representatives poised to consider the controversial Tauzin-Dingell bill next week, two telecommunications economists have released a “blueprint for economic and broadband growth” and are urging congressman to defeat the legislation. Entitled “Promoting Broadband Investment and Avoiding Monopoly”, the paper — written by Robert Hall of Stanford and William Lehr of […]

Sylvan Ventures LLC, a subsidiary of Sylvan Learning Systems, Inc. has exercised its option to acquire an additional 10 percent interest in Walden University, an accredited, online university offering Ph.D. and other graduate-level degree programs in education, management, and the social and behavioral sciences. The $8 million investment gives Sylvan Ventures a controlling, 51 percent […]

Enterprise storage management software developer Legato Systems, Inc. , has acquired OTG Software in a cash and stock deal valued at approximately $403 million. The merger agreement provides that each share of OTG common stock will be converted into the right to receive 0.6876 of a share of Legato common stock and $2.50 per share […]

Satellite broadband provider StarBand has formed a wholesale partnership with US Online to offer StarBand high-speed Internet service through US Online’s partner network of regional and local Internet service providers. US Online’s affiliates have more than 400,000 subscribers in 45 states. Under the agreement, the McLean, Va.-based StarBand will provide Internet access and management of […]

Online shoppers are nearly three times more likely to find what they want on the Web by using search engines versus responding to advertisements according to a survey conducted by Internet financial transaction firm WorldPay. The most popular goods and services purchased online are CDs/videos/DVDs (purchased by 72 percent of respondents), books (61 percent), travel […]

The United States Supreme Court agreed on Tuesday to consider two cases that have implications for the Internet, voting to review one suit brought by online book publishers challenging certain aspects of the Copyright Term Extension Act (CTEA) passed in 1998 and another involving the constitutionality of some details of Internet registries for convicted sex […]

The aftershocks of the Enron scandal continue to reverberate throughout the IT industry with WorldCom, Inc. and Qwest Communications International, Inc. becoming the latest companies to have their accounting practices questioned. As a result, Qwest is scrambling to raise $4 billion after its short-term creditors walked away from the telecom giant yesterday and WorldCom launching […]

WASHINGTON — The Federal Communications Commission (FCC) on Thursday proposed rule changes redefining telephone-based broadband Internet access services that brought questions and dissent from its own members, industry watchdog charges of creating a new Internet monopoly and even prompted one commissioner to raise the specter of an Internet access tax. Championed by FCC Chairman Michael […]

WASHINGTON — The Federal Communications Commission (FCC) unanimously approved rules Thursday morning to permit the marketing and operation of ultra-wide band (UWB) technology, which will allow wireless devices and services that deliver higher data bit rates with lower power consumption than either Bluetooth or 802.11. The devices operate by employing very narrow or short duration […]

WorldPay, which develops multi-currency e-commerce transaction processing systems, is expanding its operations internationally with a new deal with Brightcube , an El Segundo, Calif.-based company serving the professional art and photography industries offering online print on demand services in Australia, Canada, Japan and the United Kingdom. Brightcube will depend on the Sterling, Va.-based WorldPay to […]

WASHINGTON, D.C. — Paul K. Boiven — aka Paul Bowen, aka Paul Boevein, aka Paul Bowvein, aka Paul Brown — promised users up to an easy $46,000 in 60 days to participate in an e-mail chain letter. The e-mail advised readers to send $5 in cash to each of the four or five participants at […]

The lights are going out on another of bankrupt PSINet’s operations with the Baltimore Ravens of the National Football League reclaiming the naming rights for its 69,000 seat stadium. According to a filing in a New York bankruptcy court, the Ravens and Ashburn, PSINet are terminating the 20-year, $105 million contract signed in 1999 for […]