IOMEGA AS A TAKEOVER TARGET

Jan 20, 2003 | business, hardware

Iomega never recovered from the double blow of manufacturing defective Zip drives and failing to foresee the world of cheap, ubiquitous recordable CDs. It has no growth products and no new ideas. Apparently it’s been hoarding cash and cutting costs. According to this...

SBC TELEMARKETING

Jan 15, 2003 | business

It took me a while to figure out what the recording meant when calling Pacific Bell – the one where they asked permission to “access your records.” Most people reacted the way I did – you’re calling for something related to your account, of course they can access your...

FCC TO PERMIT TELECOM, MEDIA CONSOLIDATION

Jan 3, 2003 | broadband, business, law, news

An article in today’s Washington Post reviews some of the major decisions the Federal Communications Commission will be making in the next few months, moves that could fundamentally rewrite the rules for the broadcast media and Internet service providers. The...

XO COMMUNICATIONS UPDATE

Dec 28, 2002 | broadband, business

XO Communications may yet survive. It is on schedule to emerge from bankruptcy proceedings as a going concern, with a manageable debt load and Carl Icahn holding more than 80% of the stock. Here’s an article with more details.

XMAS BLUES

Dec 6, 2002 | business

Interesting wrapup from a newsletter sent by Windows & .NET Magazine. ”There are signs of recovery in the tech sector. Technology research firm IDC reports that 2003 worldwide PC shipments will jump by more than 8 percent to 136 million units; portable computers...

COREL DEATHWATCH CONTINUES

Nov 6, 2002 | business

Canadian news is reporting that Corel is laying off 22% of its remaining workforce in another last-ditch effort to stay alive. That leaves Corel with a grand total of 769 employees worldwide. Corel has zero momentum in any market. Attorneys, if you’re clinging to...