NewsHosting news - 08 Apr 2002 - Listing Page: 3495

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Compaq Executive Says Storage Sales Supassed Expectations - 📅 - Mike Winkler, the executive vice president of Compaq Computer Corp., announced today that the company's data storage system sales exceeded forecasts in the last six months. He argued that customers had not abandoned Compaq despite the uncertainty over its plan to merge with Hewlett-Packard Co. and said Compaq would improve its product line if the deal would go through.



With sales of data storage devices about a third higher than expected for the end of last year, Compaq ...
Red Hat Transfers Credit Suisse First Boston's Global Trading Architecture From Unix To Linux - 📅 - Red Hat, Inc., the original open source and Linux provider, today announced that it has migrated a component of the Credit Suisse First Boston (CSFB) worldwide financial trading architecture from Unix to Red Hat Linux. A leading global investment bank, CSFB serves institutional, corporate, government and individual clients with its Agora (Greek for marketplace) application. Agora, which performs financial transactions such as basket trading, time slicing and institutional order flow, is able ...
Genuity, Verizon Exit Fiber Deals With Metromedia - 📅 - Metromedia Fiber Network (mfn.com), which provides fiber-optic Internet connectivity to high-end clients, said over the weekend that the company had received notices from both Verizon Global Networks and Genuity Solutions terminating their fiber optic agreements with MFN.

Under the agreements, MFN leased capacity on its fiber optic network to Verizon Global Networks, a division of telecommunications firm Verizon, and Genuity, an infrastructure firm, for $350 million and $200 million ...
WorldCom Selected To Manage F.N.B. Corp.'s Online Financial Services - 📅 - WorldCom today announced that F.N.B. Corporation, a diversified financial services company, has selected WorldCom to host, manage and streamline its expanding Web operations.




Serving banking, trust, insurance and consumer finance customers through community banking affiliates and other financial services companies, the Florida-based F.N.B. Corp. has full-service offices located in Florida, Pennsylvania, Ohio and Tennessee.


Through an outsourcing agreement with ...
Advisory Concerning Deceptive Notices from "XChange Dispute Resolution" - 📅 - Summary. ICANN has recently received many reports of domain-name
registrants receiving "Domain Dispute Notification" mailings
from an entity identifying itself as "XChange Dispute Resolution."
The mailings falsely state that XChange is an "ICANN authorized arbitrator"
and that the registrant must mail in a "security deposit fee"
to defend "ownership of the domain ...
ViaWest Announces Profitability In 2001 - 📅 - ViaWest Internet Services, Inc., a regional Denver-based ISP, announced today that it has achieved profitability, effective March 31, 2002. A major milestone for ViaWest, the company has reached the profit aim within two and a half years of initial venture capital funding.



With revenue increasing 39 percent in 2001 from 2000, ViaWest (ViaWest.net -> viawest.com -> flexential.com) saw a 58 percent increase in annual recurring revenue. The company expects a continued annual revenue growth rate of ...
WorldCom Makes A Case To The FCC About Renewing Its Competition Commitment - 📅 - WorldCom, a communications provider, today announced its plea to the FCC to renew its weakening commitment to telecom competition as part of its ?triennial review? of 1996 Telecommunications Act requirements. In a statement filed with the FCC, WorldCom called on the Commission to resist pressure from its Bell to limit the range of unbundled network elements (UNEs). As part of the FCC's mandatory review of existing rules that require the Bells to open their networks to competitors, WorldCom ...
The webhost industry: week review - 📅 - It was another tough week for the telecom sector, as a number of companies announced staff layoffs, filed for bankruptcy or revealed other financial difficulties.



One of the biggest announcements of the week came from telecommunications firm WorldCom, which confirmed Thursday after a day of rumors that it would lay off 3,700 employees in the United States, or six per cent of it U.S. workforce, in an effort to meet its growth targets.

"The reduction is being taken to ...
Sprint Announces Pre-Configured Service Bundle Offerings - 📅 - Sprint, a telecommunications company, today announced a new offering of pre-configured managed services and hosting-service bundles. Enabling mid-sized businesses to deploy e-commerce applications, enterprise portals and e-mail solutions, Sprint's bundles come with managed and/or collocated hardware and software capabilities, managed network services and IT consulting services.



Enabling customers to establish professional online sales channels, four of the bundles include a ...
SEC Steps Up Qwest Investigation - 📅 - Qwest Communications International Inc. said late Thursday afternoon that the US Securities and Exchange Commission informed the company of the approval of a formal order of investigation.



The formal investigation gives the SEC the power to subpoena information from Qwest, one of the largest local telephone carriers in the US.



Qwest said in March that it had received requests from the SEC for the voluntary submission of certain documents relating to the company's ...