Thursday 18 November: Roundup of the IT news from the national and international press.
The conviction against the former head of Compuserve of failing to block customers' access to child pornography sites was overturned yesterday, writes the Financial Times. Felix Somm was convicted in 1998 of complicity in 13 cases of distributing illegal pornography, but the conviction was reversed after claims the verdict was flawed.
Bell Atlantic will not enter a bidding war for German telecoms company Mannesmann, but will support a takeover bid from Vodafone Airtouch, reports USA Today. Vodafone is expected to make a new bid for Mannesmann on Friday.
Barclays has predicted that online banking is set to boom, with up to ten million people expected to use the Internet to bank in the next year, The Guardian reports. Barclays, which claims that one in 10 of its customers will be using online banking in a year, introduced its first Internet-only product offer yesterday to mortgage customers.
The San Jose Mercury reports that Swedish firm Letsbuyit.com thinks it can be one of the biggest European companies. The Internet shopping site offers shoppers a range of consumer goods at huge discounts by placing bulk orders. Sales are expected to leap from $4 million in 1999 to $53 million in 2000. The firm has set up domestic sites in Sweden, Finland, Norway, Denmark, Germany and the UK.
The Financial Times writes that Warwick University is to link up with a leading US university to create a £24 million Internet training centre. Carnegie-Mellon University, renowned for its robotics and computer aided design, will work with Warwick in developing the new E2 Institute funded by US company Parametric Technology.
Deutsche Telekom acquired France's third largest fixed-line carrier, Siris, for 700 million euro yesterday, writes The Wall Street Journal. Siris expects revenue of 800 million French francs this year. Deutsche Telekom, which now has holdings in both the UK and French markets, will look to Italy for further investments.
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