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Packard Bell NEC gets $300 million
- Japanese computing giant NEC will announce today that it is investing an additional $300 million in Packard Bell NEC and taking a 49 percent stake in its American computing arm as it aims to improve the company's infrastructure and get its sales back on track. [News.com]
Packard Bell NEC primes for IPO
- Packard Bell NEC has money in the bank to shore up its operations, given the $300 million infusion it received from investors yesterday, but the computer maker still faces challenges as it eyes an initial public offering next year. [News.com]
Packard Bell may cut U.S. jobs
- Packard Bell NEC, a domestic unit of Japan's NEC, is likely to cut more than 1,000 jobs to further boost its business efficiency, according to reports. [News.com]
Packard Bell retail passes Compaq
- Packard Bell NEC inched ahead of rival Compaq Computer in U.S. retail computer sales for October, according to a survey by Audits & Surveys Worldwide. [News.com]
Pamela Lee drops video case
- The much-discussed, sexually intimate video of Pamela Anderson Lee and her husband is back on the Net after the two dropped their attempt to bar its distribution through arbitration, it was announced today. [News.com]
Pay-per-view coming to PCs?
- A chicken in every pot, and a credit card in every PC. [News.com]
Pentium II PC descends to $1,200
- China's Legend Group has introduced a $1,200 Pentium II system with monitor, a move that appears to be aimed at solidifying its position as the top PC vendor in mainland China. [News.com]
Pentium II goes Hollywood
- Pursuing its stated goal of becoming the standard bearer for graphical computing on Windows NT, Intergraph today released a relatively inexpensive Pentium II-based design that can compete in the film production arena. [News.com]
Pentium II package may change
- Intel (INTC) is contemplating changing its distinctive "Slot 1" design on certain upcoming versions of the Pentium II chip as a way to drive down costs. [News.com]
Platinum rolls out 3D tool
- Platinum Technology (PLAT) today rolled out a software tool that lets users create interactive 3D interfaces for Web pages and corporate applications, in what it says is an effort to bring virtual reality technology from the video arcade to the corporate intranet. [News.com]
Playboy updates Web offerings
- Playboy's march onto the Web will continue on Thursday with the relaunch of a site featuring its television and home video products as well as games and correspondence using the latest technology bells and whistles. [News.com]
Playing the stock options game
- Doling out stock options to employees is nothing new in Silicon Valley, but a number of high-tech companies have modified that concept and are using stock options as a way to sidestep the hassles of hard currency. [News.com]
PointCast launches pay channel
- PointCast has announced its first subscription channel with premium content for investors and business users, hoping to broaden the company's revenue sources as it preps for an initial public offering next year. But the move is tricky, as few subscription businesses have thrived on the Net. [News.com]
Pop quiz: Top Net news of 1997
- In Internet circles, 1997 will go down as the year WorldCom went after MCI, Janet Reno went after Microsoft, and everybody went after junk email. [News.com]
Pop-up ads OK for Tripod
- Pop-up ads, the much-maligned Internet advertising phenomenon, have found a safe haven on Web hosting service Tripod. [News.com]
Postal Service tests Net stamp sales
- The U.S. Postal Service (USPS) is now testing a system to sell stamps over the Net, but the service won't be available until after consumers mail out an estimated 5 billion cards and presents this holiday season. [News.com]
PowerTools files suit against Umax
- A Texas-based start-up that saw its nascent Mac-cloning business affected dramatically when Apple changed its licensing practices this summer has struck back with a $50 million lawsuit. [News.com]
Programmer battles Microsoft
- Microsoft (MSFT) has aroused the anger of a North Dakota programmer, a David who has taken on the software Goliath because he believes he is being forced to promote its Internet Explorer Web browser. [News.com]
Public data online raises flags
- In a feat that may change what it means for a document to be public, more and more municipalities are moving ahead with ambitious plans to put government records on the Net. [News.com]
Pundit sees Apple decline
- Another industry pundit has weighed in with an opinion on the fate of Apple Computer (AAPL), stating it faces a bleak future and is destined to slowly fade from its former position of prominence in the PC industry. [News.com]
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