NewsHosting news - 05 Oct 2001 - Listing Page: 3599

Public Web Hosts - The Week in Review - 📅 Oct 5, 2001 - Tech stocks had a relatively strong week, thanks largely in part to good news from companies like bellwethers Dell Computer and another Fed cut.

The Nasdaq enjoyed positive trading sessions three days in a row before faltering Friday after warnings from Sun and AMD.

But despite an impressive market run, a number of Web hosting companies cut jobs, closed offices and lowered expectations this week.

On Tuesday, WorldCom said it would lay off 1,000 employees from its ...

XO Cuts Jobs, Comments on 3Q Expectations - 📅 Oct 4, 2001 - XO Communications, Inc. (xo.com 👉 Total Reviews: 5
🙌 Average Rating: 1 / 10
👍 Good Reviews: 0
👎 Bad Reviews: 5
👈 Official Responses: 0 -> akamai.com), said that it remains intent
on achieving EBITDA positive status in the first half of 2002 and will trim
expenses by reducing its workforce by approximately 600 employees
representing about eight percent of the total XO employee base.



Additionally, XO reiterated that it would meet previously announced
estimates for the company's third quarter 2001 revenue and EBITDA.

The workforce reduction will occur primarily in staff support ...

News Corporation Names Sun Preferred UNIX Vendor, Awards $100M Sourcing Contract - 📅 Oct 4, 2001 - Sun Microsystems announced that News Corporation (newscorp.com), one of the world's largest media companies, has awarded the company with a two-year $100M global sourcing pact. Under the terms of the agreement, Sun is named the preferred vendor for UNIX systems, and is granted first right of refusal to sell UNIX-based servers and related products throughout News Corporation's affiliated companies worldwide.



"We chose Sun to supply our UNIX-based servers for the quality and ...

Verizon Reports on WTC Restoration Efforts, Previews 3Q Growth - 📅 Oct 4, 2001 - Ivan Seidenberg, president and co-CEO of Verizon Communications (verizon.com), yesterday described progress the company has made in network recovery efforts following the recent terrorist attacks and also gave a preview of certain key third-quarter operating statistics.



Seidenberg made his remarks to analysts at the Goldman Sachs Communacopia X
conference in New York City. "We continue to focus on growth drivers in the
wireless, DSL and long-distance markets," Seidenberg ...

Qwest Announces SLAs for Off-Net Performance - 📅 Oct 4, 2001 - Qwest Communications International Inc. (qwest.com 👉 Total Reviews: 1
🙌 Average Rating: 1 / 10
👍 Good Reviews: 0
👎 Bad Reviews: 1
👈 Official Responses: 0 -> lumen.com) has
announced that it offers two new service-level agreement guarantees to its
dedicated Internet access and virtual private network customers: The
industry's first-ever service-level guarantee for traffic that extends
beyond the Qwest network, and the new standard for traditional on-network
service performance.



"No other service provider is offering customers such an aggressive range of
performance and reliability ...

NetNation to Direct all Global Sales Efforts from North America - 📅 Oct 4, 2001 - NetNation Communications, Inc. (netnation.com 👉 Total Reviews: 3
🙌 Average Rating: 2 / 10
👍 Good Reviews: 0
👎 Bad Reviews: 3
👈 Official Responses: 0 -> hostway.com) announced
today that it will direct all sales efforts from North America starting on
December 1, 2001, closing its London four person sales office. A review of
operations concluded with the company's decision to close its London, UK
sales office. All of NetNation's clients are already technically serviced
and supported within the company's North American data facility and sales of
the company's products in the European marketplace can be ...

NxtWave Secures $12.5M in Funding Round - 📅 Oct 4, 2001 - NxtWave Communications Inc. (nxtwavecomm.com), which designs
and markets broadband-communications integrated circuits, announced that it
has concluded the first tranche of its fourth equity round, in which $12.5
million in venture capital was raised.



The investment round included additional investment by its preceding
equity-round investors Anadigics Inc., C.E. Unterberg Towbin Capital
Partners, Intel Capital, Millennium Technology Venture Partners, ...

Global Crossing Selects Nortel to Deliver Global IP Services - 📅 Oct 4, 2001 - Nortel Networks (nortelnetworks.com) announced yesterday that it has been selected by Global Crossing Ltd. (globalcrossing.com) to provide
Internet Protocol service management software for Global Crossing's
worldwide deployment of next generation IP and ATM services.




Based on a software licensing agreement, Nortel Networks will deliver
provisioning software capabilities designed to help Global Crossing
accelerate the delivery of IP-based services. These Operational ...

ISP Market Survey Evaluates Adoption of xSP Services - 📅 Oct 4, 2001 - According to a recently published survey, the Internet services industry has undergone dramatic changes over the past three years. The introduction of new Internet-based services provided by ASPs, HSPs, MSPs, SSPs, MSSPs and other xSPs has created an opportunity for businesses to outsource IT functions and an opportunity for traditional ISPs to expand their offerings.



The new ISP Market LLC (isp-market.com) report shows that the original xSP, Internet Service Providers, have ...

Akamai and IBM Introduce E-Business Infrastructure Services - 📅 Oct 4, 2001 - Akamai Technologies, Inc. (akamai.com) and IBM (ibm.com) announced next-generation Internet infrastructure services that will combine IBM's WebSphere e-infrastructure software, Web-hosting and content delivery for enterprises that use Akamai's globally distributed network of nearly 12,000 servers at the Internet's edge.



Specifically, Akamai and IBM plan to collaborate on ways to use IBM's
WebSphere e-infrastructure software to manage high-volume transactions and
speed ...