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Millennium bug threatens ships
- World shipping is at risk from the millennium computer bomb, delegates to a conference here have been told, and much work needs to be done to ensure against catastrophic failure. [News.com]
MindSpring gains in Net stocks
- Shares of national Internet provider MindSpring closed up 14.31 to 94.87 on news that the Atlanta-based company had declared a 3-for-1 stock split. [News.com]
Moody's upgrades Apple
- Moody's Investors Service today upgraded Apple Computer's senior and subordinated debt ratings. [News.com]
More Americans getting news online
- The number of Americans reading news on the Internet at least once per week has more than tripled in the past two years, according to a survey released today. [News.com]
More firms certified for SET
- Four vendors have had their "wallet" software certified for complying with the Secure Electronic Transactions (SET) protocol, a small step toward implementing the protocol for secure credit card transactions over the Internet, according to an announcement due Thursday. [News.com]
More firms embrace "virtual office"
- The "virtual office" is continuing to reshape the way businesses are operated--among high-tech companies and corporate giants alike. [News.com]
More firms eye home networking
- By the end of year, Rockwell Semiconductor and Advanced Micro Devices are planning to address demand for home networking with new chips that will allow users to create domestic computer networks without remodeling. [News.com]
More high-speed DSL service
- Bell Atlantic said it will launch a new high-speed Internet access service in September, becoming the latest phone company to use new technology that allows traditional copper phone lines to connect to the World Wide Web. [News.com]
Motorola invests in Neoware
- Motorola said today that its semiconductor products unit had signed an agreement to buy a minority stake in Neoware Systems, which makes products related to so-called thin-client computing. [News.com]
Motorola to cut 15,000 jobs
- As part of a massive cost-cutting campaign, chip and electronics conglomerate Motorola said today it would eliminate 15,000 jobs, or 10 percent of its workforce, and take $1.95 billion in charges for doing so. [News.com]
Motorola to make "biochips"
- Motorola, Packard Instrument, and the U.S. government's Argonne National Laboratory are teaming up to mass produce "biochips"--devices akin to computer chips that can perform thousands of biological reactions, such as decoding genes, in seconds. [News.com]
Motorola upped despite warning
- After Motorola announced a massive restructuring campaign and said it likely would drop into the red in its June quarter, the company was upgraded based on an improved outlook. [News.com]
Motorola: Chip market to shrink
- Motorola said today that analysts now expect the global semiconductor industry to shrink about 2 percent in 1998, compared with initial estimates of growth as high as 17 percent. [News.com]
Music firms mull Net copyright claim
- As the music business gets further entrenched on the Internet, the copyright issues involved are becoming increasingly complicated--and contentious. [News.com]
Music site closed over copyright
- The information-wants-to-be-free environment that once pervaded the Web was dealt another death-blow this week with the shutdown of the Online Guitar Archive (OLGA), a Net-based library of guitar music charts, following a legal threat by a division of the National Music Publishers' Association. [News.com]
Music sites sing new tune
- While online music retailing is hot these days, it remains fraught with risk. The past week has seen Amazon.com attempting to leverage its success in books into CDs, as K-Tel--a relatively new player on the Net--looks to recapture its brief but dramatic entry into e-commerce. [News.com]
N.Y. Times to launch local guide
- When the New York Times launches New York Today, its localized content site, it will be entering an already competitive market. [News.com]
N2K deals with Disney, ABC
- N2K's Music Boulevard garnered more valuable real estate in the ongoing Net music retail war today by inking e-commerce and marketing deals with Buena Vista Internet Group for its properties Disney.com and ABC.com as well as the ABC Radio Networks. [News.com]
NBC buys stake in CNET, Snap
- NBC announced yesterday that it has purchased a 19 percent stake in CNET's Snap Internet portal service, and that it will operate the service as a joint venture. [News.com]
NCI sells software to Japan telcos
- Network Computer, Incorporated said yesterday that it has sold software to four Japanese telecommunication companies which plan to offer Internet access to customers through television sets, a sale that shows growing momentum for the company in foreign markets. [News.com]
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