NewsHosting news - 19 Apr 2002 - Listing Page: 3479

The webhost industry: week review - 📅 Apr 19, 2002 - There were plenty of mergers, acquisitions and bankruptcies to report this week, as the Web hosting industry, which had stayed fairly quiet this month, suddenly became very active.

On Thursday, managed Web hosting and Internet services firm AppliedTheory Corp. filed for bankruptcy protection, two days after it warned in its annual report that it might be forced to file for Chapter 11.

In conjunction with the filing, the company said it had agreed to sell its network ...

Qwest Plans to Cut 2,000 Jobs - 📅 Apr 19, 2002 - Qwest Communications International Inc. today announced that it expects to reduce its workforce by an additional 2,000 employees through attrition, continued business process improvements and layoffs, bringing the total employee count to 53,000 by September 30, 2002. The decision comes after Qwest received revised financial guidance for the full year 2002.



Qwest forcasts total revenue in the range of $18.0 to $18.4 billion, adjusted EBITDA in the range of $6.4 to $6.6 billion, ...

ServerVault Acquired by Financial Firm - 📅 Apr 19, 2002 - Fort Washington Capital Partners, a Cincinnati-based financial firm, said this week it had acquired the assets of Dulles, Virginia-based ServerVault (ServerVault.com -> q.com), a secure managed hosting provider.



Fort Washington said the investment was made in partnership with the current ServerVault management team and employees. Aside from now being ServerVault's sole outside equity investors, the financial firm said it would be able to bring "significant financial resources" to ...

Modwest Now Offers Spam And Virus Filter - 📅 Apr 19, 2002 - Modwest Inc., a hosting services provider, today announced that new spam and virus filtering services are available to their customers. Both services are included free with all Modwest's shared hosting plans.





A natural addition to the virus filtering software, the spam filtering was engineered because the company recognized the need to eliminate unsolicited commercial email. Now, Modwest (modwest.com 👉 Total Reviews: 2
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MFN Further Delays Annual Report Filing - 📅 Apr 18, 2002 - Metromedia Fiber Network Inc. (mfn.com), a leading provider of digital communications infrastructure, announced on Wednesday that it has further delayed the filing of its annual report on Form 10-K for the year ended December 31, 2001 with the Securities and Exchange Commission. The company had originally announced that it intended to file the report by April 16, 2002, the extended due date for filing according to SEC rules.





The company also announced that along with KPMG ...

Red Hat Appoints New Vice President of Sales for the Americas - 📅 Apr 18, 2002 - Red Hat, Inc, an open source and Linux provider, today announced the appointment of Patrick Kerrigan as vice president of sales for the Americas. A veteran of the high tech industry, Kerrigan boasts many years experience exceeding sales revenue targets for a diverse group of technology companies. Promoting Red Hat's (redhat.com) recently released enterprise-class product line in North and South America, Kerrigan will draw upon his experience executing sales initiatives. ...

Q9 Networks Selects Bioscrypt For Fingerprint Security Technology - 📅 Apr 18, 2002 - Bioscrypt Inc., a fingerprint technology provider, announced today that Q9 Networks has signed a license for Bioscrypt Core, the company's fingerprint pattern recognition engine.



Q9 Networks, a managed Internet infrastructure services provider, operates data centers that feature Bioscrypt fingerprint readers in their security systems. Delivering the highest levels of security, the combination of fingerprint biometrics and other security measures enable Q9's (Q9.com -> equinix.com) customers ...

PRIMUS Telecommunications Forecasts positive First Quarter Growth - 📅 Apr 18, 2002 - PRIMUS Telecommunications Group, Incorporated, a facilities-based Total Service Provider, today released updated financial guidance for the first quarter of 2002. The company predicts that it will report positive EBITDA (earnings before interest, taxes, depreciation and amortization) for the first quarter of 2002.



?We are pleased to confirm that the Company expects to in the range of $18 million to $20 million,? said K. Paul Singh, Chairman and Chief Executive Officer of ...

VeriSign Locates Domain Server in Terremark NAP - 📅 Apr 18, 2002 - Terremark Worldwide Inc. (terremark.com 👉 Total Reviews: 3
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👈 Official Responses: 0 -> akamai.com), a carrier-neutral operator of a Tier-1 network access point and provider of infrastructure and managed services, announced on Thursday that digital trust provider VeriSign will relocate one of its generic top level domain name (gTLD) servers to the NAP of the Americas.





Owned and operated by Terremark, says the company, NAP of the Americas is one of five Tier-1 network access points in the world.



The move, says ...

Turillion Releases Security Software - 📅 Apr 18, 2002 - Turillion Software Technologies Inc. today unveils its eServer SecureManager 1.0 Beta software under a limited term and use beta license agreement. Designed to manage 100 or more eServer Secure protected servers, the eServer is operated from a single console.





Turillion's (turillion.com) new software enables Web administrators, security administrators, integrators and other IT professionals to control of their ebusiness infrastructure in real time. Viewing statistics, ...