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Netscape launches Web market
- Hoping to cash in on holiday sales, Netscape Communications (NSCP) today launched an online shop as part of its Netcenter Web site. [News.com]
$100 million gamble on AOL
- Tel-Save Holdings said it signed up about 27,000 phone lines for 23,000 long distance customers in a 24-hour promotion on America Online (AOL) yesterday, and it called the results "better than expected." [News.com]
16 plead guilty in resales case
- A five-and-a-half-year investigation that discovered theft of computer parts, fraud, and illegal resales ended as a California company pleaded guilty to money laundering, federal prosecutors said yesterday. [News.com]
1997 IPOs sputter, then pick up
- It took five months and one online bookseller to restart the flagging tech IPO market this year. [News.com]
300-MHz Pentium II box for $1,999
- Computer prices took another dive this week as a major retailer started selling 300-MHz Pentium II systems for under $2,000. [News.com]
3Com profits drop 87 percent
- 3Com (COMS) reported an 87 percent drop today in second-quarter profits, attributed to excess inventory from its modem business and moving to a new product line. [News.com]
3Com to cut inventory levels
- Networking company 3Com (COMS) is cutting the cord on inventory levels, a move that it expects will cut into profits for its upcoming quarterly results. [News.com]
3Com, U.S. Robotics face trouble
- 3Com (COMS) and U.S. Robotics are newlyweds, but the lack of a modem standard, international financial turmoil, and a pending shareholder lawsuit announced today have put a damper on the honeymoon. [News.com]
@Home teams with Microsoft
- Barely two years ago, @Home and Netscape forged a strategic partnership to make Netscape products a "foundation" of the @Home Network that would "define" cable-based Internet services to the home. [News.com]
@Home to offer access in hotels
- @Home today will announce a pact with 4th Network to offer high-speed Internet access to hotels, another attempt to profit from the wired business traveler. [News.com]
A V-chip in every PC?
- Although the prospect remains distant, the computer industry and civil libertarians are scrambling to make sure the "V-chip" is not installed in personal computers where it could block racy material. [News.com]
A fiscal shortfall for Cabletron
- Network equipment maker Cabletron Systems (CS) said today that it would not meet fiscal third-quarter earnings expectations. [News.com]
AMD releases low-power flash memory
- Advanced Micro Devices (AMD) today released a new generation of flash memory chips that run on only 1.8 volts in power, the least power-hungry chips yet in this highly competitive market. [News.com]
AOL books on Barnes & Noble
- When Barnes & Noble signed the deal to pay America Online (AOL) $40 million to be the exclusive bookseller on the online service, it upped the ante in the ongoing online book wars. [News.com]
AOL cuts chat police
- America Online (AOL) today eliminated the ability to summon live guides to report chat rule violators in all but the "Kids Only" chat areas on the system. [News.com]
AOL debuts new site, software
- As expected, America Online (AOL) executives today briefed the press about the company's expanded Web presence and upgraded software at the Internet World trade show. [News.com]
AOL gets $200 million infusion
- America Online (AOL) today announced that it has secured a two-year, $200 million line of credit. [News.com]
AOL hits 1 million abroad
- America Online (AOL) today announced it has reached what it considers a major milestone: it now has 1 million members outside the United States. [News.com]
AOL hits 1 million mark outside U.S.
- America Online expects to announce in the next few weeks that it has 1 million subscribers outside the United States, chairman and chief executive Stephen Case said today. [News.com]
AOL joins women's site trend
- If anyone doubts that the gender gap on the Net is closing, and closing fast, they need only take a quick surf. Just a year ago, women who wanted to find information aimed directly at their own interests had slim pickings. [News.com]
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