Fast Breaks Newsfront: August 6, 2001
IBM is working to make supercomputing resources available to anyone through its work on grid computing, which will deliver computing power much like a power company delivers electricity. The company is working with the British Office of Science and Technology.
BEA Systems will announce this week that Citibank has built and deployed a Web portal based on its WebLogic Server platform to serve more than 3,000 employees. The portal will provide a personalized means to access regulatory information.
Open to Bid
Metricom was expected to shut down its 17-city high-speed wireless data network in advance of an Aug. 16 auction of its assets. The company, which sells Ricochet, serves 521,200 customers, but filed for bankruptcy in July.
The U.S. District Court of Appeals for the District of Columbia rejected Microsofts request to revisit the issue of software "commingling." The court ruled that the company had illegally blended Windows and Internet Explorer code. The case now returns to the U.S. District Court, which could start remedy proceedings as early as Aug. 10.
Rhythms NetConnections is the latest service provider to file for bankruptcy protection in the wake of the implosion of the competitive DSL market. The company promises to give 31 days written notice before disconnecting customers. Lucent Technologies, meanwhile, raised $1.75 billion in a convertible stock offering, as it restructures.
Internet voting got a thumbs-down from the National Commission on Federal Election Reform, which said the practice undermines the institution of a national Election Day, brings technical and security dangers and is rife with the opportunity for fraud.