Thursday 22 December: Roundup of the IT news from the national and international press.
The Financial Times reports that Sage Group has seen its shares rocket 28,000 per cent during the 1990's. AS vnunet.com reported earlier this week, the FT says today that Sage is considering a cash bid for UK rival in the accounting software business, Pegasus.
The government will continue with its plans to auction £3 billion of third generation mobile phone licenses in early March, according to today's Financial Times. The auction could have been delayed by Vodafone Airtouch's proposed takeover of Mannesmann but the auction rules now take this possibility into account, the newspaper says.
The Guardian reports that Internet Indirect, an Internet investment company, soared from its placing price of five pence to 44.5 pence on the London stock market yesterday. The company plans to invest in companies that provide software or content to Internet ventures.
Online directory Scoot.com is to provide a feed to ISP Lineone, said The Guardian today. Lineone users will have access to Scoot's directory service.
The San Jose Mercury reports that Swiss telecoms company Swisscom has selected Siemens AG of Germany and Cisco to modernise the Swiss telecommunications network and integrate voice and data traffic.
The Washington Post reports that Nextel Communications has launched a $8.3 billion hostile bid for Nextwave Telecommunications. The newspaper says Nextwave is expected to resist the bid and try instead to return from its bankrupt status it entered last year.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago