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AT&T outlines CEO's compensation
- C. Michael Armstrong received $300,000 for his first few months of employment and a $15 million award for agreeing to depart Hughes Electronics to become chairman and chief executive of AT&T (T), according to proxy materials filed by AT&T yesterday. [News.com]
AT&T tests access time limits
- In the latest instance of Internet service providers placing limits on so-called unlimited access, AT&T WorldNet acknowledged that it has been cutting off users after three hours during peak times. [News.com]
Acer to focus on stability in Asia
- Acer Computer International (ACI), a subsidiary of Taiwan's Acer Computer, will focus on stable markets within the economically troubled Asian region. [News.com]
Adobe's numbers come up short
- Adobe Systems (ADBE) today posted profits for its first fiscal quarter that fell below Wall Street's expectations, largely caused by a sales slowdown in the Macintosh market and in Asia. [News.com]
Affordable Mac aimed at schools
- Apple Computer (AAPL) introduced a new Macintosh destined for schools, as part of a larger comeback plan to reverse declining share in one of its key markets. [News.com]
Airport hack raises flags
- The Justice Department's case this week against a teenage hacker who temporarily disabled a local airport vividly demonstrated that a lot more than files and funds are at stake in the war against hacking. [News.com]
Alltel to buy 360 Communications
- Alltel (AT) has agreed to acquire 360 Communications (XO) in a stock deal valued at about $4.2 billion, the companies said today. [News.com]
AlphaBlox plans Web tools
- Software start-up AlphaBlox has begun shipping a new set of Web-based analysis applications that can help to open up the deep stores of information processed and housed in most enterprise applications. [News.com]
Alteon, Inktomi cozy on caching
- Two players, each with a different strategy for delving into the emerging market for speedy access to Web data, will join forces next week to tackle the needs of Internet service providers and large corporate networks. [News.com]
AlterNIC founder pleads guilty
- A man trying to set up an alternative to the government-sanctioned Internet naming service pleaded guilty to preventing tens of thousands of users from reaching his competitor. [News.com]
Amex lists new Oracle derivative
- The American Stock Exchange (AMEX) said today that it began trading in a hybrid securities derivative on Oracle (ORCL) shares. [News.com]
Amex, Nasdaq close to merger
- Nasdaq and the American Stock Exchange are close to a merger agreement, people familiar with the plan said today, a move that would challenge the New York Stock Exchange and make trading cheaper for millions of investors. [News.com]
Analyst sees threats to Intel
- One the chip industry's leading pundits today said that Intel (INTC) faces a rash of threats including emerging chip powerhouse IBM and the Federal Trade Commission. [News.com]
Another $100 56-kbps modem here
- Diamond Multimedia (DIMD) has begun shipping a standards-compliant 56-kbps modem for $99.95, as vendors continue to price products aggressively to gain share in the cutthroat modem market. [News.com]
Apple G3 sales solid in Europe
- Struggling manufacturer Apple Computer may be losing out in the cutthroat market for personal computers, but reckons its dominance in the educational and design sectors will pay dividends. [News.com]
Apple cuts prices, unveils servers
- Apple Computer (AAPL) has lowered prices on its popular Power Macintosh G3 machines and released new server computers for the first time in a while. [News.com]
Apple learns to live with Microsoft
- Since Apple Computer (AAPL) first took the forbidden fruit from Microsoft's (MSFT) helping hand, the two companies have developed an intimate--albeit controversial--relationship. [News.com]
Apple plugs QuickTime for Java
- Apple Computer (AAPL) today announced a version of its popular QuickTime multimedia software for the Java platform, bringing important new capabilities to Java at a time when its ability to effectively deliver multimedia content is being questioned. [News.com]
Apple stakes future on new device
- Apple Computer (AAPL) is working on portable and TV set-top entertainment devices that offer Internet access and play everything from music CDs to DVD movies, as the company refashions itself for the convergence of consumer electronics and PC technologies. [News.com]
Apple stakes future on new device
- Apple Computer (AAPL) is working on portable and TV set-top entertainment devices that offer Internet access and play everything from music CDs to DVD movies, as the company refashions itself for the convergence of consumer electronics and PC technologies. [News.com]
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