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Qwest Hits Jackpot
- The Denver-based long-distance carrier wins a US$1 billion contract to upgrade the Treasury Department's communications system. Left in the dust: Sprint, AT&T, and GTE. [Wired News]
Qwest Seeks US West, Frontier
- The Internet communications company squelches Global Crossing's aspirations to become a major telecom player by trumping its bids for the two phone companies. [Wired News]
Qwest Sweetens Bid for Telcos
- The fourth-largest long-distance company in the United States raises its offering price for local phone company US West and fiber-optic network builder Frontier. [Wired News]
RIAA May Sue Lycos over MP3
- The Recording Industry Association of America said it may take legal action against the search engine that links to MP3 files. [Wired News]
Rally Sputters, Stocks Mixed
- Wall Street cools its heels following Monday's run into the record books. Investors decide to pocket some cash, and cast a wary eye toward Yugoslavia. By David Lazarus. [Wired News]
Rate Worries Slam Tech Stocks
- It's getting a little tiresome, but no amount of Prozac is able to deter investors from fretting about a hike in interest rates. Share prices reflect the level of anxiety. By David Lazarus. [Wired News]
Rates Steady, Dow Retreats
- Surprising no one, the Fed opts to leave interest rates as they are. But blue-chip stocks lose ground while shaking off the effects of their 10K run. By David Lazarus. [Wired News]
Rates Unchanged, Stocks Surge
- As expected, the Fed opts to leave interest rates alone -- for now. Investors breathe a sigh of relief and promptly go on a shopping spree. By David Lazarus. [Wired News]
Reading Reuters News? Pay Up
- Reuters, the world's biggest news agency, turns to Reciprocal for software to track and bill people who use its products. [Wired News]
Real's Latest Does Slide Shows
- Free, downloadable software will also come bundled with Adobe's Photoshop products. Also: Sought-after Frontier warns of lower profits.... Xerox looks to go commercial with electronic paper.... BT, AT T deal backed by Justice Department.... And more. [Wired News]
RealMedia on Parade
- At its developers convention in San Francisco, RealNetworks draws a road map for the delivery of integrated, interactive media over the Web. By Christopher Jones. [Wired News]
Reality Check for RealityMan
- RealityMan, one of the two developers of the Nintendo 64 emulator that had Nintendo threatening to sue, says he's tired of the hassles and is calling it quits. By Polly Sprenger. [Wired News]
Record Stores Keep on Spinning
- What will music distributors do when consumers get all their music off the Net? Plenty, they say, but don't hold your breath until then. Chris Oakes reports from New York. [Wired News]
Red Hat Linux on Dell PCs
- Dell buys a stake in Red Hat, agrees to install Linux on some of its PCs, and sells a bunch of Linux boxes to a big corporate customer. Is this the beginning of the end for Windows? [Wired News]
Red Hat Offers Street Salve
- Shares of the leading bundler of the Linux OS soared shortly after its Wall Street debut on Wednesday, proving that investors still like tech IPOs. By Jennifer Sullivan. [Wired News]
Red Hat Stock Soars High, Higher
- Shares of the Linux OS distributor surged into the rarified atmosphere analysts call "nosebleed territory" a day after the company's IPO. Is the summit in sight? [Wired News]
Red Hat: Still Soaring
- Shares of the Linux distributor continued to climb three days after its IPO. Also: Sony says it will sell tunes online by year's end, but it doesn't say how.... A portal for black users.... Lucent will buy Xedia. [Wired News]
Red, Hot, and Hyperlinked
- With a bilingual version of WebTV and the possibility of building an ambitious fiber-optic link, the island of Cuba may soon be fully connected. By Vito Echevarria. [Wired News]
Relieved Stock Markets Surge
- The Federal Reserve raises interest rates -- normally, a bad thing for stocks. It also says it likely won't raise them again for a while -- a very good thing for stocks. Wall Street celebrated. [Wired News]
Reorganization in Redmond
- Microsoft President Steve Ballmer is planning a major corporate shift.... Also: The software superpower considers an alliance with British wireless company Orange.... Bill Gates gives US$3.3 billion to charity. [Wired News]
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