NewsHosting news - 22 Jul 2001 - Listing Page: 3614
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VPN Services to Generate $7.5B by 2005, Study Says - 📅 - Internet protocol virtual private networks (VPNs) have
become a mainstream technology, one that so far has proved immune to the
continuing economic woes, according to a recent report by IDC.
The report says that demand for these services has never been higher and is
on the verge of exploding. IDC forecasts revenue generated from IP VPN
equipment will more than triple from $2.3 billion in 2000 to $7.5 billion in
2005.
"IP VPNs are attractive for their low cost, ...
become a mainstream technology, one that so far has proved immune to the
continuing economic woes, according to a recent report by IDC.
The report says that demand for these services has never been higher and is
on the verge of exploding. IDC forecasts revenue generated from IP VPN
equipment will more than triple from $2.3 billion in 2000 to $7.5 billion in
2005.
"IP VPNs are attractive for their low cost, ...
StorageNetworks to Slash One-Third of Staff - 📅 - StorageNetworks, Inc. (storagenetworks.com), a leading
provider of data storage management services, reduce 33 percent of its staff
after reporting a second-quarter loss, due to slowed demand.
The company reported an EBITDA loss (net loss before interest, taxes,
depreciation, amortization and non-cash stock compensation) of $18.2
million, as well as a net loss of $32.2 million, or $0.33 per share.
The company said cutting 220 jobs from its staff of 670 would save ...
provider of data storage management services, reduce 33 percent of its staff
after reporting a second-quarter loss, due to slowed demand.
The company reported an EBITDA loss (net loss before interest, taxes,
depreciation, amortization and non-cash stock compensation) of $18.2
million, as well as a net loss of $32.2 million, or $0.33 per share.
The company said cutting 220 jobs from its staff of 670 would save ...
Metromedia Rebuilds Fire Damaged Network in 36 Hours - 📅 - Metromedia Fiber Network (mmfn.com), a leader in optical IP
Internet infrastructure within key metropolitan areas, replaced its
fiber-optic cable that was affected by the Howard Street tunnel fire in less
than 36 hours.
This effort restores MFN's network to a fully redundant state. MFN's
Internet customers experienced no service interruption due to the damage or
during the repairs as IP traffic had been immediately rerouted following the
incident.
On ...
Internet infrastructure within key metropolitan areas, replaced its
fiber-optic cable that was affected by the Howard Street tunnel fire in less
than 36 hours.
This effort restores MFN's network to a fully redundant state. MFN's
Internet customers experienced no service interruption due to the damage or
during the repairs as IP traffic had been immediately rerouted following the
incident.
On ...
Public Web Hosts - Last Week in Review - 📅 - This week was a write-off for most major markets, particularly for the Nasdaq, which was stuck in the 2000 to 2100 range all week.
There wasn't one particular culprit to blame - rather, a slew of warnings and lousy earnings from the tech sector rained down on investors all week, causing little buying interest in the tech-heavy Nasdaq.
The biggest disappointment of the week came from former tech darling Nortel Networks, who announced Thursday after the bell that the company ...
There wasn't one particular culprit to blame - rather, a slew of warnings and lousy earnings from the tech sector rained down on investors all week, causing little buying interest in the tech-heavy Nasdaq.
The biggest disappointment of the week came from former tech darling Nortel Networks, who announced Thursday after the bell that the company ...
AT&T Board Rejects Comcast Takeover Bid - 📅 - AT&T Corp. (att.com) announced Wednesday that, its Board of Directors had unanimously voted to reject a proposal by Comcast Corporation (comcast.com) proposal to acquire AT&T Broadband.
The board says that after careful review, and based in part on the advice
and analysis of its financial advisors, that Comcast's bid did not reflect
the full value of AT&T Broadband.
The company said that its Board has directed management to explore financial
and strategic ...
The board says that after careful review, and based in part on the advice
and analysis of its financial advisors, that Comcast's bid did not reflect
the full value of AT&T Broadband.
The company said that its Board has directed management to explore financial
and strategic ...
Carlson Wagonlit Selects Diveo as Hosting Provider - 📅 - Diveo Broadband Networks, Inc. (diveo.net), a leading provider of Internet infrastructure and broadband services in Latin America, announced yesterday that Carlson Wagonlit, one of the world's largest travel agency networks selected Diveo to manage and host their latest business-to-business initiative.
Carlson Wagonlit has developed a B2B portal that facilitates online travel
arrangements and transactions for its corporate customers throughout the
Brazil, named the Smart ...
Carlson Wagonlit has developed a B2B portal that facilitates online travel
arrangements and transactions for its corporate customers throughout the
Brazil, named the Smart ...
Stull, Stull & Brody Announces Class Action Suit against Exodus - 📅 - The law firm of Stull, Stull & Brody (secfraud.com) filed aclass action complaint yesterday on behalf of all persons who acquired
Exodus Communications, Inc. (exodus.net) securities between March 20, 2001 and June 20, 2001. The complaint charges Exodus, a leading managed hosting provider, and its senior executives, with violations of the Securities Exchange Act of 1934.
The complaint alleges that during the Exodus' executives devised a plan to
stop the decline of the ...
Inktomi Unveils New Software for Enterprises and Service Providers - 📅 - Inktomi Corp (inktomi.com) yesterday announced a range of new infrastructure software applications meant to significantly improve the flow, access and management of information across global networks.
"In today's environment, companies are looking for ways to leverage their technology capital expenditures for return on investment in the fastest amount of time," said David Peterschmidt, president and CEO of Inktomi. "Inktomi's new media, networking and search infrastructure ...
"In today's environment, companies are looking for ways to leverage their technology capital expenditures for return on investment in the fastest amount of time," said David Peterschmidt, president and CEO of Inktomi. "Inktomi's new media, networking and search infrastructure ...
Kurant Partners with Dialtone Internet to Provide E-Biz Solutions - 📅 - Kurant Corporation (kurant.com), a leading provider of e-business software and services, today announced it has partnered with Dialtone Internet (dialtoneinternet.com), a leading global provider of dedicated hosting and co-location services.
Kurant's flagship e-business platform StoreSense is now available to Dialtone customers as a pre-installed solution in a wide selection of platforms including Linux IBM servers, Linux Value Servers, Windows IBM Servers and Sun Cobalt RaQ ...
Kurant's flagship e-business platform StoreSense is now available to Dialtone customers as a pre-installed solution in a wide selection of platforms including Linux IBM servers, Linux Value Servers, Windows IBM Servers and Sun Cobalt RaQ ...
Level 3 Announces Broadband Services Agreement with Japan Telecom America - 📅 - Level 3 Communications, Inc. (level3.com), a global communications and information services company, today announced it has signed an agreement to provide broadband services to Japan Telecom America, Inc. (jt-america.com), a wholly owned subsidiary of Japan Telecom Co., Ltd., one of Japan's largest communications companies.Specifically, Japan Telecom America has purchased intercity transmission
capacity from Level 3 in North America using Level 3's (3)Link Private ...