Thor Olavsrud

Seeking to streamline implementation of XML exchanges between trading partners, software firm Edifecs has created CommerceDesk 4.0, a toolset designed to help companies extend trading partner relationships across their entire supply chains and throughout their trading networks. CommerceDesk, built around a core server, addresses trading partner management, program management and collaboration, testing and validation, community […]

Not even upbeat comments from a leading investment firm can help stem the slide in Yahoo! shares. After setting a new two-year low yesterday, the stock continued lower on Wednesday down another 6 percent. Tuesday’s 15-percent tumble was sparked by investor fears regarding advertising revenue when Wall Street analysts Mary Meeker and Henry Blodget questioned […]

After a dizzying stock plunge of 11 percent last Monday and cutting about 1,000 jobs the next day, Net consultancy firm marchFIRST Tuesday unveiled an employee stock option re-issuance program aimed at propping up flagging morale. But even more than morale, the Chicago-based company needs an infusion of cash. marchFIRST filed its 10-Q report with […]

Intel Corp. Monday rolled out its long-awaited Pentium 4 microprocessor with computer makers Compaq, Dell, Gateway and Hewlett-Packard announcing immediate support. Intel said all major computer makers and software suppliers have spent months readying products for the processor, and all major desktop PC makers have Pentium 4-based PCs or workstations under development. The 32-bit processor, […]

Stepping through the foyer and into the Microsoft Home in New York, a visitor is confronted with the wide open spaces of an 8,000-square-foot loft. Tastefully decorated in greens and browns with plenty of bright, airy white as well, the loft itself, situated in the posh Tribeca neighborhood, is probably out of the reach of […]

A bombshell was dropped on Foundry Networks Inc., a supplier of high performance switching and routing solutions, late Thursday when a former executive filed a multi-million dollar lawsuit against the company for discrimination and harassment. Drusie Demopoulos, former vice president of marketing for the company, alleged that she was fired after objecting to “discrimination and […]

VA Linux Systems Inc. Thursday met lowered Wall Street expectations with a first quarter pro forma net loss of $7 million, a loss of about 15 cents per diluted share, compared to a loss of $7.2 million, or 27 cents per share, for the same period last year. Analysts had originally forecast a loss of […]

SoftQuad Software Ltd., a leading developer of XML-enabling technologies, Thursday snapped up content transformation solution provider Advanced Data Engineering Inc. for about $4.7 million in stock based on Thursday’s opening price. ADEi’s solutions enable organizations to convert large volumes of existing data from multiple sources — like Word, Quark, Pagemaker and Acrobat — into XML. […]

The latest dirt from the front lines of the instant messenger wars is that the tide may be turning. Market research firm Media Metrix Inc. Thursday released a report suggesting Yahoo! Messenger and MSN Messenger may be gaining marketshare in the U.S. on America Online Inc.’s AOL Instant Messenger (AIM), long considered an unstoppable juggernaut […]

Microsoft Corp. Wednesday unveiled the Microsoft Home in New York, a loft in the Tribeca neighborhood outfitted with a complete home network, designed to showcase the company’s current technology as well as offer a sneak peak at some of the technologies on their way over the next year. The 8,000 square-foot loft — with kitchen, […]

Online procurement company ICG Commerce Tuesday struck a deal to merge with Andersen Consulting’s ePValue, also an e-procurement venture. Together, according to ICG Commerce and Andersen, the two companies, operating under the ICG Commerce moniker, will create the first truly global, comprehensive e-procurement services in the marketplace. “Without question, the B2B e-procurement services marketplace is […]

The World Wide Web Consortium (W3C) Monday laid down the law on Application Programming Interfaces (API) for manipulating documents and data through programming languages. Okay, it wasn’t quite the law. The W3C — an international industry group made up of 470 organizations and run jointly by the MIT Laboratory for Computer Science in the U.S., […]