Monday 6 December: Roundup of the IT news from the national and international press.
The Financial Times reports that the government plans to regulate spam emails within the UK. The plans will attempt to curb the number of unsolicited emails sent each year. Systems that will be discussed include either an opt-in option, where users can specify whether they want emails, and an opt-out option, where users can restrict emails.
Granada and Carlton are to invest £25 million in a UK version of US search engine, Ask Jeeves, writes The Guardian. The investment will give the companies a quarter share each, with the remaining half owned by Nasdaq listed Ask Jeeves. The search engine allows surfers to ask a virtual butler for information for him to direct them to a relevant site.
The Times writes that a group of shareholders in Mannesman have reportedly asked for a court injunction to stop the board taking action to prevent the Vodafone hostile takeover bid. Klaus Esser, Mannesmann chief executive, has said he sees no point in further talks with Vodafone as there is no strategic incentive.
The Financial Times reports that the International Monetary Fund is to extend short term financing to countries suffering from Y2K computer problems. The Fund will offer financing to governments hit by difficulties such as shipping, oil or financial interruptions.
The Daily Telegraph reports that United News and Media has joined up with betting company Sporting Index to launch an Internet gaming service, E*Sport. The online site, to launch at the start of next year, will feature fixed odds betting, sports information and fantasy games. The media company will invest £7 million for 45 per cent of E*Sport and 10 per cent of Sporting Index.
Excite At Home has announced that it will sell about $400 million of debt to finance its acquisition of greeting card website Bluemountainarts.com, reports The Wall Street Journal. The company will offer convertible subordinated notes to institutional investors to cover the $350 million cash portion of its $780 million purchase of Bluemountain.
Alexa for Hospitality will link with existing systems so guests can order room service and control the air con
Massive volcanic eruptions could have warmed Mars' surface sufficiently for oceans to form
Examination of fruit flies' brains generated more than one billion data points for scientists to analyse
Hinge-based 'Project V' never got released