Disputing the Internet traffic share figures that WorldCom Inc. has been trumpeting since its troubles erupted earlier this summer, AT&T Corp. is claiming that it handles just as much Internet traffic in the United States as its beleaguered long distance comrade, and that it is capable of absorbing all of WorldComs Internet backbone business if […]
A federal court is still weighing the efficacy of a proposed antitrust settlement signed between Microsoft Corp. and the Department of Justice in November, but the Redmond, Wash., software maker nonetheless must meet several deadlines under the deal this month. As the same court considers whether stricter antitrust penalties are necessary, Microsoft is trumpeting the […]
Its a gamble worthy of any of the Barona Casinos highest high rollers. What started as a simple bingo hall in San Diego 13 years ago is poised to expand into a new Las Vegas-style casino complete with a 396-room resort hotel by years end. To do that, the Barona will need to triple the […]
As former WorldCom Inc. executives were led to court in handcuffs last week charged with conspiring to commit securities fraud, the Federal Communications Commission was combing through its own records to determine whether it should ask some telecommunications carriers to recertify their accounting data. According to FCC sources who asked not to be named, the […]
Attorney General John Ashcroft and FBI Director Robert Mueller will speak publicly this afternoon on corporate crime, following the arrests this morning of former WorldCom Inc. executives Scott Sullivan and David Myers for their alleged participation in accounting fraud at the bankrupt telecommunications carrier. Sullivan, former chief financial officer, and Myers, former controller, at the […]
As increasingly bad news flows daily from the nations largest telecommunications carriers, top telecom cop Michael Powell asked Congress today for more authority to prevent telephone and Internet service interruptions. Powell also told lawmakers that the sector will not recover economically without a restructuring among service providers, but he refused to tip his hand on […]
As congress continued last week to hash out the details of legislation creating a Department of Homeland Security, securing cyberspace took on an increasingly high profile in the debate. While the original proposal contained few provisions related to data networks, the bill now appears unlikely to come to a vote in either chamber without key […]
Two weeks into its bankruptcy and reorganization, WorldCom Inc. still cant seem to avoid attracting more trouble. After company leaders cautioned that WorldCom cannot afford stifling new demands from its suppliers if it is to avoid service disruption during reorganization, RBOCs (Regional Bell Operating Companies), which provide WorldCom with last-mile connections to many of its […]
WASHINGTON—As Congress continued this week to hash out the details of legislation creating a Department of Homeland Security, securing cyberspace took on an increasingly high profile in the debate. While the original proposal contained few provisions related to data networks, the bill now appears unlikely to come to a vote in either chamber without key […]
With a stalwart legacy of selling network management software to the Regional Bell Operating Companies for their nationwide land-line networks, Telcordia Technologies Inc. is planning an onslaught into the RBOC-intensive wireless arena. For wireless users, the enhanced involvement by Telcordia—formerly Bell Communications Research Inc., or Bellcore—could mean improved service coordination but at a price that […]