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TradeSpark, the online energy exchange that was nearly decimated by the Sept. 11 attack on the World Trade Center, will begin electronic trading again this week, says one of the exchanges chief backers. TradeSpark, launched in September 2000 by securities firm Cantor Fitzgerald, its technology subsidiary, eSpeed, and five large U.S. energy companies, has become […]
Proof that the Internet will continue to play a key role in mobilizing Americans and serving as a virtual gathering hub in the aftermath of the recent terrorist attacks came from an unlikely source last week: President George W. Bush. Bush — whose administration has given low priority to Internet industry issues and offered little […]
I-managers eager to make use of business data obtained through Web analytics are increasingly outsourcing the task to save time and money. Analytics firms, including Coremetrics, digiMine and NetIQs WebTrends, said they are seeing a surge in demand for services provided on the model of application service providers. And I-managers contracting with the firms said […]
Within hours of the world trade centers collapse, Sun Microsystems put trucks on the road loaded with server systems to help its New York customers restore their operations. A few days later, it decided to go ahead with a scheduled Sept. 25 product announcement at the Millennium Broadway Hotel in midtown Manhattan: CEO Scott McNealy […]
In lower Manhattan last week, a noisy buzzing sound emanated from the office buildings deep in New York Citys financial district. That sound, the combined hum of hundreds of diesel power generators towed into the city to get businesses back online, signaled that people were going back to work. Multex.com, a global financial services and […]
While Verizon labored to restore telephone service to 10,000 businesses in lower Manhattan this week, the Federal Communications Commission quietly approved its application to compete for long-distance customers in Pennsylvania. The FCC approval means Verizon now can deliver long-distance to 40 states. They include the 36 states that werent in the old Bell Atlantics region, […]
Search engine Google on Thursday announced that it will buy the intellectual property assets of Outride, an online information retrieval technologies developer that was spun off from Xeroxs Palo Alto Research Center. Financial terms of the deal were not disclosed. In the deal Google will acquire Outrides patent rights, source code, trademarks and associated domain […]
NextWave Communications and the government appear to be near a settlement on $17-billion worth of hotly contested wireless licenses. According to published reports, NextWave has tentatively agreed to sell most of its “third generation” wireless licenses to Verizon, AT&T, Sprint and several other large telephone companies for between $5 and $7 billion. The companies would […]
Verizon Communications latest regulatory approval to sell long-distance services in Pennsylvania gives the regional Bell about half of the lines it needs to take over Web hosting and IT outsourcing firm Genuity. Under the terms of the merger of Bell Atlantic and GTE that created Verizon, Genuity – formerly known as GTE Internetworking – had […]
Think of how your automated teller machine card works: You need cash, so you go to the nearest bank. Doesnt make a difference that you may not have an account there. If the bank is part of that network of banks that link their ATMs – such as the Cirrus network – then your ATM […]