IN THE PAPERS
In the papers 26 February
26-02-2008
by Sylvia Leatham
Network Solutions faces LA lawsuit | eBay names new head of Skype
The Irish Times reports that Digiweb is to invest EUR30 million in the UK market over the next five years, having won two national wireless broadband licences there. Read more on this story on ENN.
The paper also says Take-Two Interactive posted a record gain in Nasdaq trading on Monday after Electronic Arts made a USD2 billion takeover offer for the company. Read more on ENN.
The Wall Street Journal reports that a Los Angeles law firm has filed a suit against Network Solutions, one of the biggest sellers of domain names, alleging the company improperly profits from the way it reserves a domain name after a potential customer searches for it. The suit also named the Internet Corporation for Assigned Names and Numbers (ICANN), a non-profit body that coordinates key facets of the internet's domain name system.
The paper also says that IBM is launching the next generation of its mainframe computer line, which analysts expect to provide a boost to the company's hardware and software sales. IBM executives predict that the new Z10 mainframe, which goes on sale on Tuesday with a base price of USD1 million, may take away some market share from low-end servers. The company says customers can consolidate computing jobs on the mainframe, which the company says is more energy-efficient and takes up less floor space in crowded corporate computer rooms.
According to the Financial Times, VMware has struck a deal to install its virtualisation software on some servers shipped by Dell, Hewlett-Packard, IBM and other suppliers of computer equipment to big companies. The move marks an attempt to steal a march on Microsoft, which is preparing its own move into the fast-growing virtualisation market. By pre-installing its software on the servers, VMware hopes to gain a distribution advantage.
The paper also says that eBay has tapped an e-commerce veteran to take charge of Skype, the internet telephony service it bought in 2005. Josh Silverman, head of eBay's Shopping.com website, will replace Michael van Swaaij, who became Skype's interim head in October following the departure of Niklas Zennstrom, the group's co-founder and original chief executive. eBay said van Swaaij would remain with the company.
Caped Koala Studios has built a virtual world for kids, combining education and social networking 