Tuesday 13 February 2001

Carly Fiorina, chairman and CEO of Hewlett Packard

Napster's dead - long live Napster...

The judgement is in, and it looks like Napster has lost. But as silicon.com's US correspondent Richard Baguley explains, file sharing is bound to remain a thorn in the record industry's side.

Napster: Bertelsmann faces the music

When the history of the Napster case is written, Bertelsmann will go down as the only major music firm to have the intelligence to treat consumers like adults.

Ellison: "If our bodies looked like our computers we'd all be dead"

Larry Ellison, Oracle's chairman, CEO and most outspoken prophet, has once again stated industry heresy by insisting that businesses must fit themselves around the software they use.

Orange flotation goes pear-shaped

Shares in mobile phone company Orange opened below their E10 (£6.40) offer price as the company made its stock market debut in Paris and London.

£30m cash injection to cure broadband woes

The UK government is throwing £30m into a project to put the nation's foundering broadband rollout back on track.

Napster: A gamble too far for Bertelsmann

Bertelsmann could be the biggest loser in yesterday's court ruling against file-sharing site Napster.

Online paedophilia sees seven Britons jailed

Seven British men were today given jail sentences of up to two and a half years after pleading guilty to participating in a worldwide internet porn ring.

Bolt strikes Fonepark deal

New York teen oriented ecommerce network Bolt today announced it has acquired UK SMS text messaging application developer Fonepark.

BT to squeeze more cash out of online SMEs

Up to 10,000 SMEs and sole traders using BT's dial-up internet access products will soon be forced to move to more expensive business tariffs.

UK entrepreneurs in short supply say VCs

Venture funds have too much money to invest and too few deals, according to a leading UK entrepreneur.

Subscription-based reports boost Reuters profit

News and technology group Reuters reported pre-tax profits four per cent up for the year 2000, credited to a strong performance from its internet trading arm.

Mastercard makes a smartcard move for Europay

Mastercard International and electronic payment company Europay are set to merge this summer if shareholders approve the deal.

EMC axe falls on 'unproductive' staff

EMC, the storage giant, has cut approximately three per cent of its workforce.

Scottish plant survives Motorola cuts

US electronics firm Motorola said yesterday it will go ahead with making its mothballed factory in Fife fully operational despite cost-cutting measures announced last week.

Virus update: Anna Kournikova has a Dutch touch

The Kournikova virus is still spreading, although sightings have tailed off a little from this morning's peak.

Crusoe gets onboard the Linux bandwagon

Transmeta, the chip manufacturer behind the Crusoe processor, is to release a version of Linux designed to run on Crusoe devices.

ASP scandal: Hostlogic leaves customers in suspense

ASP Hostlogic has closed its offices and taken down its websites, leaving its customers in the dark and exposing the company to liability payments that could run to millions of dollars.

Bye-bye, sell sell: The rise and fall of online share trading

Online stock trading services could seemingly do no wrong when markets were booming around the world and volumes traded were high. How things have changed. Sonya Rabbitte looks at how some well-known names have been coping...

Lucent credit rating butchered

Lucent Technologies has seen its credit rating cut to a notch above junk-bond status after posting first-quarter operating losses in excess of $1bn and a 26 per cent fall in revenue late yesterday.

Shares tumble as Emulex fails to emulate past success

Data Storage manufacturer Emulex has seen its share price slashed in half less than a month after reporting record turnover and profits.

France Telecom flies as Orange floats

France Telecom has reported a 24 per cent increase in annual revenue on the same day its mobile unit, Orange, floats on the LSE.

Whispers of a Loudcloud deal with Murdoch

Loudcloud, the latest brainchild of Netscape founder Marc Andreesen, has inked a global web infrastructure deal with Rupert Murdoch's News Corp.

Binge buying boosts losses at QXL

European online auctioneer QXL has increased its losses as US rival eBay piles on the pressure this side of the Atlantic.

Kournikova serves up virus warning

Anti-virus specialist MessageLabs is warning of a virus threat posed by a .vbs attachment on an email with the subject line 'Here you have, ;0)'

Orange peels off at low end

Mobile phone company Orange will hit the markets today at the low price of E10 (£6.4) a share, valuing the company at E48.5bn (£31bn)

France Telecom revenue up; Orange share price set

Trading will begin later today for Orange, the mobile phone operator owned by France Telecom.

Napster no more and BT's shrinking world

The music industry is celebrating today after yesterday's US court ruling that Napster is deliberately and illegally distributing music 'it knows or should know' is copyrighted.

Model Management: Man Utd, the Yankees and successfully scoring strategic partnerships

Industry giants can't always pool their resources to make great teams. This week, the team at business management portal FTdynamo.com considers if last week's agreement between sports clubs Manchester United and the New York Yankees really makes commercial sense...