Friday 15 October: VNU Newswire's roundup of the IT news from the national and international press.
Vauxhall will sell cars on the Internet, saving customers up to £1,000 and delivering them within a week, reports The Daily Telegraph. ISP Totalise has also launched a website offering cut-price imported right-hand-drive cars online.
The Daily Telegraph writes that Vodafone Airtouch will increase its holding in Polish mobile operator, Polkomtel, which has 1.3 million customers. Vodafone will take a 5.5 per cent stake for $145 million (£90 million), increasing its total share to 24.75 per cent. Vodafone also announced that it borrowed euro 1.5 billion (£1 billion) yesterday through the international bond markets.
Microsoft has announced partnerships with book publishers in the UK, France and Italy to create and distribute titles on CD-Rom and the Internet, writes USA Today. Penguin Books will produce over 1,000 titles on CD-Rom from its Penguin Classics.
The San Jose Mercury reports that car maker Volkswagen has filed a counter lawsuit against ISP Virtual Works accusing it of extortion and cyberpiracy. The car maker is also requesting a preliminary injunction against the company selling or using the domain name www.vw.net. Virtual Works had earlier filed a lawsuit seeking $1 million in damages from VW and the right to retain the Web address.
The Financial Times reports that city broker Cazenove will outsource its IT services to IBM for ten years in what is believed to be the largest outsourcing deal yet in the City. IBM will cover the broker's securities and fund management operations in five countries and about 100 staff and contractors will transfer from the broker.
ISP Affinity Internet has increased its subscriber base by nearly 50 per cent in the past three months reports The Times. The company said it is gaining up to 70,000 new customers a month and now has more than 600,000 users. Affinity provides Internet access on behalf of organisations such as Arsenal FC, Tiny Computers and Royal Bank of Scotland.
Latest Tesla news: Tesla stock price tanks amid reports of 'widening probe' by SEC and claims the base Model 3 loses money
SEC 'probe' takes its toll on Tesla as new research suggests that Tesla loses $6,000 on every $35,000 Model 3
10nm Cannon Lake Core i3-8121U CPUs make a rare outing with Intel's NUC mini PC
'Notorious' Australian child hacker thought he had executed 'flawless' hack
The former employee says that Tesla fired him for bringing the accusations to management internally