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SEC Head Warns Day, Net Traders
- The chairman of the Securities and Exchange Commission says the ease of Net trading may be giving do-it-yourselfers a false sense of security. [Wired News]
SEC Targets Securities Fraud
- Online investors have proven just as susceptible as their analog brethren to falling for a phony securities pitch. The SEC is using the Net to hunt down the perpetrators. [Wired News]
SEC Warns Web Stock Traders
- The SEC cracks down on fraudulent stock traders and issues a warning against online "pump and dump" schemers. [Wired News]
SEC: Free Stock Is a Crock
- The Securities and Exchange Commission cracks down on four companies that illegally offered free stock to drum up interest in their businesses. By Chris Gaither. [Wired News]
SGI Doubles Job Cuts
- Last month, SGI said it would slash 1,500 jobs as part of a broad restructuring. Make that 3,000 jobs, it said Tuesday. [Wired News]
SGI Slashes Workforce
- Silicon Graphics makes another go of restructuring, cutting up to 1,500 jobs. The workstation maker wants to focus on Net business and Linux, and may spin off a few divisions. By Leander Kahney. [Wired News]
SRO for Net Stocks
- Pin-striped money managers were so eager to hear presentations about Internet stocks, they didn't mind sitting on the floor at a recent conference on Wall Street. [Wired News]
Sad Song for Net Music Start-Ups
- Once, investors couldn't get enough of the sector. Now they're looking at the bottom line and fleeing. The result: stock prices for MP3.com and others are taking a big tumble. [Wired News]
Sally Rides Onto Space.com
- The first American woman in space is the next president of the Web site created by a former CNN financial news anchor. [Wired News]
Salon IPO Limps Along
- Shares of the online publisher fall about 5 percent on the first day of trading, a rare thing for an Internet company. Then again, Salon took an unusual approach to going public. By Joanna Glasner. [Wired News]
Salon Is Salon.com, at Last
- The Left Coast purveyor of news and commentary buys the URL it's always wanted, and prepares a redesign and nationwide advertising blitz. Also: Yahoo uses Online Anywhere.... Speedy AMD chip challenges Pentium.... And GTE scoops up 20 Ameritech wireless properties. [Wired News]
Salon's Real Swipe at the System
- Sure, Salon is famous for taking the Old Guard to task. But its strongest assault on the establishment may be its democratic approach to an IPO. By Joanna Glasner. [Wired News]
Salon.com Going Public
- Salon.com files for an initial public offering. Also: Go2Net buys auction site. [Wired News]
Samsung Enters MP3 Fray
- Samsung plans to enter the MP3 market with "Yepp." The new digital player is slated to debut in September, but Rio Port makers seem unconcerned. [Wired News]
San Jose Top Tech Town
- There are other pretenders to the throne, but Silicon Valley still reigns supreme as home to high technology, according to a new survey. The surprise is who ranks No. 2. [Wired News]
Satellite Firm Faces Bankruptcy
- ICO Global Communications files for bankruptcy protection after failing to secure a crucial round of financing. The filing comes on the heels of rival Iridium's financial woes. [Wired News]
Satellite Telco Crashing
- The global satellite phone company misses the deadline on two loans, and its future looks bleak. The defaults could also affect Motorola, one of Iridium's key backers. [Wired News]
Satellites for Sale, Barely Used
- There are still lots of ways for Iridium to make money off its US$3 billion satellite network. Here are a few humble suggestions from Wired News. [Wired News]
Save Those Area Codes
- The Federal Communications Commission will review a plan to dole out new area codes more efficiently. Meanwhile, 10-digit phone numbers to call next door are infuriating consumers. [Wired News]
Schools Embrace Net Bookstores
- Here's a new twist on the claim that the Net is burying booksellers: Some schools and small colleges want their students to buy books online, not in campus bookstores. By Katie Dean. [Wired News]
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