Friday 1 October: VNU Newswire's roundup of the IT news from the national and international press.
Eckhard Pfeiffer, the former chief executive of Compaq, has said he will become the chairman of Intershop Communications, reports The New York Times. Pfeiffer left Compaq following the company's financial downturn, but will now work as work as an investor, adviser and board member at the Internet software company. Intershop made an initial public share offer on the Frankfurt Stock Exchange in July.
The Guardian reports that Theshare.com, an online share trading company, is to be launched later this year. The company will aim to battle with US retail brokers that are competing in the UK's online trading market. Theshare.com will have financial backing from Goldman Sachs and GE Capital. The number of online consumers trading in the UK is expected to rise as more people try out their stock picking skills over the Internet.
Excite and @Home may split from controlling partner AT&T, reports the San Jose Mercury. The two companies completed a $8.26 billion merger four months ago. It was reported yesterday that the [email protected] board was preparing to split the company into two, with one group providing high speed Internet access and the other supplying information services through the Web. AT&T also issued a statement that it was looking at alternatives for [email protected]
The US government has launched a new Transportation department Web site, www.fly2k.dot.gov, which will provide information about airport and airline Y2K readiness, writes The New York Times. The Web site covers almost 90 countries with direct service to and from the United States and reveals that Canada, Britain and Japan will be fully Y2K ready by the end of the year.
Etrade has launched a pilot version of an after hours trading programme, writes the Financial Times. Customers will be able to trade stocks on Reuters owned Instinet, the electronic communications network. The service is only available to limited numbers at the moment and the company is uncertain when it would extent the service to all customers.
BT Cellnet has banned mobile phone calls to India and Pakistan due to fraud concerns, reports the Financial Times. An investigation was launched after checks revealed a high level of fraudulent activity. The ban is said to be temporary until BT Cellnet gathers more information about the perpetrators.
The Wall Street Journal writes that one of the lead lawyers for the US government in the Microsft anti-trust trial has quit the case and resigned. Stephen Houck's resignation comes just week's before the initial verdict is expected, but isn't expected to affect the trial's outcome.
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