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BROADCAST

Japan Earth Observation Satellite Abandoned After Mystery Failure
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Japan's National Space Development Agency of Japan (NASDA) has announced the loss of a less-than one year old, $500-million, earth observation satellite. The organization was alerted to trouble yesterday morning and had declared it lost by the end of the day.

 

BUSINESS

Earnings Update - Sanctuary Woods' Loss
SAN MATEO, CALIFORNIA, U.S.A., 1997 JUL 1 (NB) -- By Newsbytes Staff. Sanctuary Woods Multimedia Corp. [OTC:SWMC] said it reported a year end net loss of $3,677,011 or $3.30 per share on sales of $4,749,351 for the fiscal year ended March 31, 1997 as compared to a net loss of $18,698,441 or $22.16 per share for the year ended December 31, 1995 on revenues of $10,981,097.

Earnings Update - Pinnacle Micro In Financial Trouble
IRVINE, CALIFORNIA, U.S.A., 1997 JUL 1 (NB) -- By Newsbytes Staff. Pinnacle Micro, Inc. [NASDAQ:PNCL] said it anticipates its second quarter fiscal 1997 revenues will be approximately $11 million, which is lower than the revenues reported for the first quarter of fiscal 1997. Officials said it is dealing with creditors and looking for a financial partner or cash.

Gandalf On Verge Of Collapse?
OTTAWA, ONTARIO, CANADA, 1997 JUL 1 (NB) -- By Grant Buckler. Only days after a nervous landlord locked its headquarters and factory for a day, Gandalf Technologies Inc. [TSE:GAN][NASDAQ:GANDF] has admitted its search for a buyer has so far been fruitless, further short-term financing is unlikely to turn up, and the company may have to enter bankruptcy or receivership.

 

CHIPS

Cyrix, Motorola Introduce New Processors
CHICAGO, ILLINOIS, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Bob Woods. Motorola [NYSE:MOT] and Cyrix [NASDAQ:CYRX] separately introduced new processors Monday morning. Cyrix added to its MediaGX line; Motorola expanded its reduced instruction set computing (RISC) processor that is made by a new manufacturing process.

Motorola DRAM Just A Memory
AUSTIN, TEXAS, U.S.A., 1997 JUL 1 (NB) -- By Bob Woods. Motorola's [NYSE:MOT] Semiconductor Products Sector (SPS) group said it will phase out its dynamic random access memory (DRAM) efforts to concentrate on other memory technologies. Company officials also said Motorola will take a pre-tax charge of an estimated $170 million to write down both equipment and technology costs in the second quarter associated with its DRAM exit.

France - SGS Thomson Develops Consumer PC On A Chip
PARIS, FRANCE, 1997 JUL 1 (NB) -- By Sylvia Dennis. SGS-Thomson has announced it has integrated a consumer PC -- minus monitor and casing, plus power supply -- down to a single chipset. Known as the ST PC Consumer, the chip is billed as "integrating a high performance processor with all the functions needed to develop low-cost, PC-based consumer systems."

 

EDUCATION

Pennsylvania's Education Network Goes Global
HARRISBURG, PENNSYLVANIA, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Bill Pietrucha. Pennsylvania's Education Network (PEN) isn't just for Pennsylvanians any more. The network's Digital Object Repository (PEN-DOR), which today selected Object Design Inc.'s [NASDAQ:ODIS] ObjectStore database to provide multimedia education materials to the Keystone State's teachers and students over the World Wide Web, also will be integrated into the Global Information Network in Education (GINIE).

Intel Plan To Improve Computer Literacy In India
NEW DELHI, INDIA, 1997 JUL 1 (NB) -- By C. T. Mahabharat. When Craig R. Barrett, Intel Corp.'s [NASDAQ:INTC] new president and COO, visited India recently, it was a relatively quiet affair, bereft of the media hype that surrounded the visit of Microsoft chief Bill Gates earlier this year and yet, it was no less important. The company unveiled a four-point charter to improve computer literacy in India.

 

GENERAL

NewsPix Bulletin For Newsbytes Publishers
MINNEAPOLIS, MINNESOTA, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Nick Gorski. Newspix Updates will be posted each Wednesday and Friday to reflect any picture additions for republishers. The updates will in turn become part of the main NewsPix Bulletin issued on Monday.

Personnel Update - Claris Corp.
SANTA CLARA, CALIFORNIA, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. Claris Corp. has promoted Jeffrey H. Orloff to director of K-12 education sales and marketing.

Personnel Update - Electronic Arts
SAN MATEO, CALIFORNIA, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. Electronic Arts [NASDAQ:ERTS] has promoted four key senior executives. Stan McKee, Nancy Smith, Mark Lewis, and Don Mattrick will become executive vice presidents.

Personnel Update - Eastman Kodak Co.
ROCHESTER, NEW YORK, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. Eastman Kodak Company [NYSE:EK] has made new appointments in its European, African, and Middle Eastern region, and in the company's French subsidiaries.

Combined E-Cash/Credit Card Trial Planned For Kobe
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Daiei Inc., a major Japanese retailer based in Kobe, is planning to begin testing an electronic money system that used a multi-function smart card. The integrated circuit card will be able to be used as a conventional credit card or electronic wallet.

Sharp Planning Solar Battery Plant In West Japan
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Sharp Corporation [TOKYO:6753] is planning to build one of the world's largest solar cell plants in West Japan. The new factory, scheduled to begin operations in April 1998, will produce thin-film solar cells for use on house roofs and those for use as power sources on satellites.

Personnel Update - Tandem Computers
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Tandem Computers Inc. has named Peter Ciceri to the position of vice president and managing director for its Asia-Pacific region.

Newsbytes Daily Summary
MINNEAPOLIS, MINNESOTA, U.S.A., 1997 JUL 1 (NB) -- These are capsules of all today's news stories:

 

NETWORK

European Intranet Survey Shows Boardroom Ignorance
BRACKNELL, BERKSHIRE, ENGLAND, 1997 JUL 1 (NB) -- By Steve Gold. Novell Inc. [NASDAQ:NOVL] has released the results of pan-European research into the use of intranets. The research claims to confirm the compelling benefits of intranets, but shows confusion over their cost, and "ignorance" in the boardroom,

Croatian Bank Installs Ascom Timeplex WAN
ZAGREB, CROATIA, 1997 JUL 1 (NB) -- By Sylvia Dennis. Privredna banka Zagreb (PBZ), the largest bank in Croatia, with more than 200 branch offices throughout the country, has installed a wide area network (WAN) supplied by Ascom Timeplex.

 

ONLINE

Internet Update
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. This is a roundup of new and updated resources and services on the global Internet including: Internet live - radio from California; count your cookies; system vulnerability database; Visual Basic Web magazine; Web publishing resource; Thai Government online; focusing on the struggles of refugees; something to make you think.

NTT Develops Image Distribution System For The Internet
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Nippon Telegraph and Telephone Corporation (NTT) [TOKYO:9432] says it has developed a system for distributing copyright images on computer networks like the Internet. Not only does the system embeds a unique identification number in the image, but it also allows users to see partially encoded images before buying the decoding key.

Fujitsu's G-Search To Offer Teikoku Databank Database
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. G-Search Ltd., a business database and online provider affiliated with Fujitsu Ltd. [TOKYO:6702], says it is to begin offering access to Teikoku Databank's corporate executive database. The new resource will be available from tomorrow to G-Search customers.

UK - Pentactive Claims Largest Insurance Web Site
KINGSTON-UPON-THAMES, SURREY, ENGLAND, 1997 JUL 1 (NB) -- By Steve Gold. Pentactive claims that it has created the world's largest Web insurance site, for The Winchester Group's Global Reinsurance operation.

New HotWired Launches With Extreme Splashes Of Color
SAN FRANCISCO, CALIFORNIA, U.S.A., 1997 JUL 1 (NB) -- By Bob Woods. From the brightly colored faces that flash in the Web browser with urgency to the uniquely formatted pages, you know that the new version of the HotWired World Wide Web site is not your father's HotWired. In fact, chances are if you're reading this article, you're just the type of person HotWired wants in its corner of cyberspace.

Keynote Study Names Fastest, Slowest Internet Backbones
SAN MATEO, CALIFORNIA. U.S.A., 1997 JUL 1 (NB) -- By Jacqueline Emigh. If it seems to you that some Internet backbones perform better than others, your impressions are now corroborated.. According to newly released test results from Keynote Systems, the ten fastest backbones in the US and Canada are: Compuserve, GridNet, AGIS, UUnet, Savvis, Genuity, AT&T WorldNet, GeoNet, IDT, and Istar.

Progress Buys Apptiva, Plans 'Open Application Server'
BEDFORD, MASSACHUSETTS, U.S.A., 1997 JUL 1 (NB) -- By Jacqueline Emigh. Progress Software [NASDAQ:PRGS], a maker of application development tools and databases for World Wide Web and client- server environments, has announced a $13 million acquisition of Apptivity Corp., with plans that include back-end integration between the Progress line-up and the Java-based Apptivity Server.

America Online Acknowledges Slowdown In E-Mail Service
DULLES, VIRGINIA, U.S.A., 1997 JUL 1 (NB) -- By Bob Woods. An America Online [NYSE:AOL] official has confirmed to Newsbytes what we have been hearing from some AOL members: Internet e-mail service from the largest online/Internet service provider has not been the speediest in the past few weeks.

 

PC

UK - Calluna Develops Hardware Anti-Virus Technology
LONDON, ENGLAND, 1997 JUL 1 (NB) -- By Steve Gold. Calluna Technology has launched the Hardwall card, a PC hardware card designed to function as an intelligent hardware-based virus isolator and anti-hacking device.

 

TELECOM

AT&T Reduces Long Distance Rates
WASHINGTON, DC, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Bob Woods. AT&T [NYSE:T] said it would cut its basic rates for US domestic long distance calls by five percent during daytime and evening hours, and 15 percent during night/weekend hours.

Telecom Roundup - Nielsen, Lucent Link In IT Agreement
NEW YORK CITY, NEW YORK, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. Lucent Technologies [NYSE:LU] and Nielsen Media Research announced an agreement where the two will work on advanced information monitoring systems, including the already developed Active/Passive meter for digital television (DTV).

Telecom Roundup - Davox Intros New Call Center Mgmt. System
WESTFORD, MASSACHUSETTS, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. Davox Corp. [NASDAQ:DAVX] said it is making available a new version of its Unison call center management system.

Telecom Roundup - Guam No Longer An International Call From US
AGANA, GUAM, 1997 JUL 1 (NB) -- REPEAT/By Newsbytes Staff. The US territory Guam is located 6,000 miles west of Los Angeles. But that distance is now being bridged by dialing the "671" area code instead of the old way - making the equivalent of a international phone call.

MCI Follows AT&T In Reducing Rates
WASHINGTON, DC, U.S.A., 1997 JUL 1 (NB) -- REPEAT/By Bob Woods. MCI Communications [NASDAQ:MCIC] said it is reducing its domestic long distance phone charges for US residential customers, in response to rate cuts mandated by the US Federal Communications Commission.

Japan Studying Airship Based Wireless Network
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Japan's Ministry of Posts and Telecommunications (MPT) says it is to begin promoting the idea of a nationwide wireless communications network based on relay stations installed in airships. The decision was made after it received a recent report on the feasibility of such a system.

Japan Telecom Begins Frame Relay To ATM Interconnect Service
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Japan Telecom Co. [TOKYO:9434] has begun a new service that allows customers to interconnect frame relay and ATM lines with each other. The new system is designed for corporations that want to deploy ATM on a corporate backbone but link branch offices with frame relay.

Giant Cellular Network Taking Shape In India
NEW DELHI, INDIA, 1997 JUL 1 (NB) -- By C. T. Mahabharat. Birla AT&T Communications Ltd. a joint venture between the Aditya Birla Group (51 percent) and AT&T (49 percent) [NYSE:T], are launching India's largest ever telecom project with financing raised offshore. The US$283 million financing, also India's biggest ever non-recourse external commercial borrowing in the telecom sector, will complete the financing of Birla AT&T's US$ 1.5 billion project to build the country largest cellular network.

CDMA-based Systems Set To Storm Indian Telecom
NEW DELHI, INDIA, 1997 JUL 1 (NB) -- By C. T. Mahabharat. Code Division Multiple Access (CDMA)-based wireless in local loop (WILL) systems are set to storm the Indian basic telecom market. Five of the eight companies holding letters of intent to operate basic telecom services in 12 circles are in advanced stages of discussions with CDMA-based WILL system manufacturers. Leading them is Bharti Telenet of Madhya Pradesh, one of the companies which has signed the licence and interconnect agreements with the Department of Telecommunications (DOT), which has shortlisted Qualcomm [NASDAQ:QCOM] and Motorola [NYSE:MOT] for supply of the WILL and radio transmission equipment for its basic telecom network.

SWIFT To Use SITA/Equant Network For X.25 Links
LONDON, ENGLAND, 1997 JUL 1 (NB) -- By Sylvia Dennis. SWIFT, the Society for Worldwide and International Financial Transactions, has signed an agreement with Equant, formerly known as the Scitor/SITA network, for the provision of data network services in a number of countries around the world.

Bell South Taking Dual Market Approach To Business
ATLANTA, GEORGIA, U.S.A., 1997 JUL 1 (NB) -- By Bill Pietrucha. "One company, two markets," is Bell South's [NYSE:BLS] new corporate strategy for the future. In a realignment announced this morning, Bell South's two-tiered approach will let the company concentrate on its regular residential and business customers, while at the same time focus on providing service to its competitors in the rapidly opening local telecom markets.

 

TRENDS

UK - Paxdata Unveils ISDN Retail Systems
HEMEL HEMPSTEAD, HERTFORDSHIRE, ENGLAND, 1997 JUL 1 (NB) -- By Sylvia Dennis. While British Telecom's (BT's) relatively high pricing has meant that ISDN (integrated services digital network) lines are still very much a business service in the UK, Paxdata Networks, a British company specializing in development of ISDN technology, has unveiled ATACS, an retail store ISDN communications system designed to handle all phone calls, faxes, and credit verification communications over one high speed connection.

Web Addresses Changing To Networds
ARLINGTON, VIRGINIA, U.S.A., 1997 JUL 1 (NB) -- By Patrick McKenna. The World Wide Web is filled with information and entertainment, but finding a Web site often requires remembering a long universal resource locator (URL) address or keeping a long list of stored URLs as "bookmarks" for use with a browser. Netword LLC, a start-up Internet utility developer, says the days of URLs are numbered.

Year 2000 Development Deadline Imminent
LONDON, ENGLAND, 1997 JUL 1 (NB) -- By Steve Gold. Software Migrations Limited (SML) has announced that any company that has not started work on its mainframe assembler code by September 1 risks not achieving compliance in time.

Power Computing Files For IPO, Plans Intel-Based PCs
AUSTIN, TEXAS, U.S.A., 1997 JUL 1 (NB) -- By Patrick McKenna. Apple Macintosh clone manufacturer and marketer, Power Computing has confirmed the company filed documentation with the US Securities and Exchange Commission (SEC) to take the company public through an initial public offering (IPO). All inquiries are directed to SEC documentation as the clone-maker remains silent on the details.

 

WINDOWS

Mercury Interactive Announce Japanese Applications
TOKYO, JAPAN, 1997 JUL 1 (NB) -- By Martyn Williams. Mercury Interactive Japan K.K., the Japanese unit of Mercury Interactive Corp. [NASDAQ:MERQ], has released localized versions of its WinRunner for SAP's R/3 and LoadRunner for SAP's R/3. The applications enable users to predict system performance, verify functionality, and test scalability as additional application modules and users are added to R/3 systems.

 

 

Top Stories | Daily Summary | Week in Review | About Newsbytes
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