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EU favors new cell phone technology - European Union telecommunications ministers provisionally endorsed a draft law designed to replace the current cell phone standard and keep the 15-nation bloc at the cutting edge of technology for the next generation of mobile phones and information devices. [News.com]
 
EU holds millennium bug summit - Experts from across the European Union are trading ideas on preventing computer chaos when the new century dawns. [News.com]
 
EU to take up mobile phones - European Union telecommunications ministers will try Tuesday to agree on a plan to ensure that the 15-nation bloc maintains its lead in developing technology for the next generation of mobile phones. [News.com]
 
Earnings outlook slumps EDS - Shares of Electronic Data Systems tumbled as much as 11 percent today as investors remained skeptical that the world's largest computer services consultant can quickly recover from its weak first-quarter results. [News.com]
 
Economic slump slices NEC profits - Japanese electronics maker NEC said today that its group profits were halved last business year as its computer and telecommunications businesses stumbled due to a domestic economic slump. [News.com]
 
Ellison attacks Microsoft, again - Oracle CEO Larry Ellison accused archrival Microsoft of taking "outrageous" and "tacitly illegal" measures to protect its PC desktop dominance. [News.com]
 
Embedded NT en route - News of a forthcoming version of Microsoft's Windows NT operating system optimized for embedded settings--such as the underlying software to run networking devices--continues to emerge, underscoring the major bet the software giant is making on its cash cow for the new millennium. [News.com]
 
Engines churn out deals - The search rivals--such as Yahoo, Excite, and Lycos--have announced a slew of deals this week, many of which echo each other. [News.com]
 
Ericsson eyes Silicon Valley firms - Swedish telecommunications giant Ericsson today signaled interest in acquisitions in Silicon Valley to stay ahead of the mobile communications revolution. [News.com]
 
Ericsson mum on Bay rumor - Swedish telecom group Ericsson declined to comment on a recurring rumor that it was interested in buying Bay Networks, which rose amid speculation it was the target of a takeover. [News.com]
 
Excite going big with Netscape deal - Excite solidified its position as the No. 2 search engine service today by muscling its way into a two-year, $70 million contract with Netscape Communications. [News.com]
 
Excite owes Intuit $50 million - Excite borrowed $50 million from Intuit last month to fund its major deal with Netscape Communications, a regulatory filing revealed today. [News.com]
 
Excite rejects Zapata's bid - Excite quickly rejected a $72-per-share unsolicited bid it received yesterday afternoon from Zapata. [News.com]
 
Excite to power Netscape search - Netscape Communications today announced that it chose Excite as the much-anticipated partner for its Netscape-branded search engine. [News.com]
 
Excite upgrades search engine - Excite today became the latest Net gateway or "portal" site to return to its roots: search. [News.com]
 
Excite, AT&T do online service - AT&T and search firm Excite today joined the Web-based online service herd, announcing plans to launch "Excite Online Powered by AT&T WorldNet Service." [News.com]
 
Execs file to cash in on bull run - Insiders ranging from @Home executives to Microsoft cofounder Paul Allen are planning to cash in some of their holdings, taking advantage of the seemingly unstoppable bull run the market, and tech stocks in particular, have experienced of late. [News.com]
 
Extras for new PowerBook arrive - While Apple Computer garnered a lot of attention this week with the introduction of new Macintosh notebooks, a number of other companies were busy introducing their own Mac-related products. [News.com]
 
FCC: School funds may fall short - The Federal Communications Commission is warning that schools and libraries may receive less than the $2 billion they requested from the federal government this year under a new program to subsidize Internet connections. [News.com]
 
FTC to update Net ad rules - The Federal Trade Commission is planning to update its advertising rules to insure that Web sites selling fake gold or unproved medical "miracles," for example, post disclaimers that are loud and clear. [News.com]
 
 

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