Roy Mark

America Online, Inc., is raising the monthly price of its AOL Mobile Communicator service by $10 to $29.95 while at the same time slashing the cost of the two-way mobile device from $329 to $99.95. The company also has enhanced the software running the device to include faster display of e-mail messages, time and date […]

In order to meet its long-held revenue target of $40 billion for this year, media giant AOL Time Warner , plans to cut as many as a thousand jobs according to various media reports over the weekend. The layoffs could affect “hundreds” of employees at AOL’s Dulles, Va.-based online operations. Earlier this year, the company […]

Driven by demand from residential consumers and small businesses, high speed Internet access in the U.S. has hit 7.1 million users according to the latest data released by the Federal Communications Commission (FCC). The data was compiled by the FCC from qualifying providers on March 1 and includes data as of Dec. 31. At the […]

Broadband provider XO Communications, Inc. has signed a multi-year, multi-location voice and data service agreement estimated to be worth more than $1 million with Planet Hollywood , the restaurant chain that focuses on the appeal of movies, television, sports, music and other leisure-time activities. Under the agreement, the Reston, Va.-based XO will provide integrated communications […]

Christian Web site Crosswalk.com, Inc. has signed Time Life and the United States Navy as new advertising clients, joining World Vision and Paramount Television to make up a 40 percent increase in the number of advertising customers since April. Time Life, a subsidiary of AOL Time Warner, is targeting the Chantilly, Va.-based Crosswalk.com audience with […]

Hughes Network Systems and DirecTV, Inc., are preparing to rollout later this year DirecWay, a satellite-based broadband service offering high-speed Internet service bundled with digital entertainment channels. DirecWay will be available through independent satellite dealers and retail outlets. The broadband service price will be between $59.99 and $69.99. DirecWay-based broadband satellite will be offered in […]

YellowBrix, Inc. has received court approval for the purchase of the content services company iSyndicate, including iSyndicate Europe. The bankruptcy court overseeing iSyndicate has approved the YellowBrix acquisition, originally announced in mid-June, and the closing of the transaction is scheduled for Friday. The deal was structured as an undisclosed combination of cash and securities In […]

Digital asset management firm Artesia Technologies has signed a definitive agreement to acquire the assets of TeamToolz, a provider of web-based marketing and brand management software. The agreement will allow the Rockville, Md.-based company to offer a marketing and brand management solution that includes workflow and collaboration features, brand resource management, budget tracking and digital […]

Microsoft Corp. has thrown its first counterpunch in the great desktop slugfest brewing between Microsoft and America Online. Last week, AOL, responding to a court-pressured decision by Microsoft to allow computer manufacturers more flexibility in what icons they place on their “out of the box” machines, announced a deal with Compaq Computer Corp. that made […]

Verso Technologies Inc. has closed its acquisition of NACT Telecommunications, Inc., a provider of next generation network solutions including softswitch-based gateways, billing systems and application technologies. Verso acquired NACT from WA Telcom Products Co. Inc., a wholly-owned subsidiary of World Access, Inc., in a stock purchase agreement. Under the terms of agreement announced in early […]

Business service provider Outtask, Inc., is acquiring Aspen’s ASP hosting division’s customer base. As the ASP hosting entity for Aspen’s customers, the Alexandria, Va.-based Outtask will provide these companies with customer relations management applications from Siebel and financial applications from Great Plains. Specific terms of the deal were not disclosed. The Herndon, Va.-based Aspen will […]

Qwest Communications International Inc. and AOL Time Warner have signed multi-year agreements that make Qwest the primary provider of high-speed access, dial-up access, and other network services to AOL Time Warner. Qwest will also purchase advertising across AOL Time Warner’s portfolio of online, print and television outlets. Financial details of the agreement were not disclosed. […]