Roy Mark

Spurred by concerns over potential terrorist attacks on the government’s network systems, the U.S. House of Representatives has approved legislation that will earmark $880 million over the next five years to increase the security of America’s IT infrastructure. House Science Committee Chairman Sherwood Boehlert (R-NY) introduced the bill following two, post-Sept. 11 Science Committee hearings […]

Bristol Virginia Utilities (BVU) has contracted with Optical Solutions Inc. to deploy an optical networking system in a competitive, aerial overbuild to the businesses of Bristol, Va. The high-speed network will deliver voice and high-speed data — up to 100 Mbps — to 1,100 Bristol-area businesses in the first phase of construction. In the future, […]

Some news you just can’t wait to share. Well, at least if it’s good news. In what Cisco Systems, Inc. is characterizing as a “premature and inadvertent” memo to employees, the networking giant says it will exceed it second quarter goals. The early announcement 24 hours before its scheduled quarterly financial report — told employees […]

Hobbled by disappointing first quarter results and anticipating flat revenue in the second quarter, optical networking equipment maker Ciena Corp. is laying off approximately 400 employees and closing its Marlborough, Mass., research and development facility. The company expects to record a restructuring charge of between $9-$11 million in its second quarter associated with the 12 […]

Integration software powerhouse webMethods, Inc. staked out its claim today to be the “first integration vendor to offer a solution for deploying, integrating and managing enterprise Web services.” According to company officials, the webMethods integration platform provides the foundation for the deployment of enterprise Web services — enterprise-class Web services coupled with business process management […]

E*TRADE Group, Inc. , which operates the second largest ATM network in the U.S., plans to create the industry’s first nationwide system to purchase wireless minutes with personal ATM debit cards. Following a pilot in the first half of this year, a ramp-up of deployment of the wireless account recharge is expected to continue over […]

One of the nation’s largest independent competitive local exchange carriers (CLEC), McLeodUSA Inc. , has filed a pre-negotiated plan of reorganization through a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the District of Delaware designed to erase $3 billion in debt. Holders McLeodUSA’s existing Class A common stock are expected to […]

Cyber attacks have increased by almost 80 percent over the last six months according to new research by Riptech, Inc. The managed security services firm says its report is the first to present cyber attack trends based on the empirical analysis of actual cyber attacks detected against a global sample of security devices. The sample […]

Bankrupt backbone carrier PSINet Inc. has completed the sale of all of the outstanding shares of PSINet Japan Inc. to Cable & Wireless IDC, Inc., for $16.6 million plus assumption of liablities. When PSINet first announced the deal last month, the Ashburn, Va.-based company said the selling price was $10.2 million. The increase in the […]

FoxSports.com, using technology from Motorola and Proteus, Inc., plans to expand its interactive reach to football fans watching Sunday’s conference championship games and the Feb 3 Super Bowl by giving viewers the ability to register their opinions and game play predictions through Internet-ready wireless devices. Fox has been running its Virtual Coach feature, which allows […]

Wireless communication firm Nextel Communications Inc. is outsourcing IT infrastructure management to EDS in a five-year, $234 million deal. The Texas-based EDS will manage Nextel’s corporate data center, database administration, helpdesk, desktop services and other technical functions. EDS has chosen Sun as the platform provider of choice for the contract. Both Nextel and EDS are […]

Three Amtrak trains equipped with free wireless Internet service rolled out of stations Wednesday morning in joint effort between the railroad, Yahoo! and Compaq. The service is available on Amtrak’s three most popular services for business travelers: the Acela Regional in the Northeast Corridor, the Capitols in Northern California, and the Hiawathas in the Midwest. […]