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House panel approves crypto bill
- A House subcommittee today approved a bill that would remove most of the Clinton administration's current restrictions on the export of encryption technology. [News.com]
IBM leads tech stock charge
- Shares of IBM (IBM) jumped ahead nearly 8 percent today, but failed to propel the technology-laden Nasdaq to great heights or move the Dow forward. [News.com]
IBM may keep dividends slim
- IBM (IBM) chairman Louis Gerstner will address his fourth annual meeting tomorrow and shareholders are expected to grill the CEO on the computer giant's seemingly paltry dividend. [News.com]
IBM rolls out NC software
- IBM (IBM) today announced software that makes its Network Station network computers easier to set up and manage. [News.com]
ISP says sorry for delays
- Internet service provider BOSnet Communications admits that it got more that it bargained for when it took over thousands of USFreeway accounts for customers who were promised free Net access. [News.com]
ISPs ding domain name plan
- A consortium of Internet service providers has changed its mind about endorsing a plan to create new top-level Net domains. [News.com]
Indonesian site attacked
- Portuguese hackers yesterday capped a two-month protest over the Indonesian government's treatment of East Timor by breaking into the Indonesian Military Network Homepage and altering the page. [News.com]
Informix hit with 5th class action
- Informix Software (IFMX) has been slapped with yet another shareholder lawsuit as the company's financial disclosures come under increased scrutiny. [News.com]
Ingram revenues grow 33 percent
- Computer component distributor Ingram Micro (IM) said strong PC sales and continued strength in its distribution channel helped to boost its quarterly earnings. [News.com]
Intel breaks ground in Latin America
- U.S. microchip giant Intel (INTC) expects to export more than $300 million worth of goods from Costa Rica in 1998 during its first year of operations, Costa Rican President Jose Maria Figueres said yesterday. [News.com]
Intel cuts chip prices
- Intel (INTC) made price cuts Monday ranging up to 48 percent on its Pentium and Pentium Pro processors, making way for its brand-new line of Pentium II processors to be announced next week. [News.com]
Iomega recalling Jaz disks
- Iomega (IOM) is recalling approximately 75,000 recently manufactured Jaz disks. [News.com]
Iowa students still surf free
- Free Internet access for Iowa's public universities was salvaged today by the state governor, Terry Branstad, when he vetoed a bill that would have made students pay to surf. [News.com]
Ireland's high-tech success
- Silicon Valley is not unique to California. The tiny Republic of Ireland, with its population of 3.6 million, has attracted a list of major international names that reads like a "who's who" in the high-technology arena. [News.com]
Judge overturns RSI verdict
- A federal judge has overturned a $5.3 million jury verdict awarded last year against Digital Equipment (DEC) in a landmark repetitive stress injury case. [News.com]
Low-bandwidth push is on
- Facing predictions that the push technology market is headed for a shakeout, companies are searching for ways to differentiate themselves by addressing concerns over bandwidth. [News.com]
MMX sales spur Gateway profits
- Even as competition heats up in the direct-sales market, Gateway 2000 posted a 34 percent jump in profits, due to strength in international markets and the popularity of Intel's (INTC) processor with MMX capabilities. [News.com]
MS link irks Ticketmaster
- Microsoft (MSFT) has been slapped with a lawsuit by Ticketmaster (TKTM) that claims the software giant is engaging in "electronic piracy" by placing links to Ticketmaster's Web site on its Seattle Sidewalk guide. [News.com]
MS posts Net telephony tools
- Microsoft (MSFT) today launched an update to its NetMeeting conferencing software, which includes Internet telephony features soon to become part of the company's Web browser and operating systems. [News.com]
Macromedia hit hard
- Macromedia (MACR) posted a loss of $15 million today, the second loss in a row for the multimedia and Internet software company. [News.com]
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