reports that Rupert Murdoch is to invest $1 billion in US online health information network, Healtheon WebMD. His company, News Corp, plans to acquire 10 per cent of Healtheon in a deal to be announced this week.
Cisco Systems is to reveal details about a new approach to wireless communications this week, writes The Washington Post. The company plans to develop a technology that will be a wireless alternative to high speed digital phone lines and to Internet modems.
Electronic cash group Mondex is to seek new investors to help raise £30 million and provide access to new markets, reports The Financial Times. Microsoft and Sun Microsystems are considered possible buyers of Mondex's operating system MultOS.
Microsoft has urged the World Trade Organisation to keep the Internet duty free, reports The San Jose Mercury. Members of the WTO agreed to a temporary ban on customs duties on goods and services transmitted electronically in May last year. A WTO meeting starting next Tuesday will discuss electronic transmissions.
The Guardian reports that officials from Mannesmann will brief City analysts in London about its resistance to Vodafone's takeover bid. Members of the German telecom company's supervisory board said they would not reject Vodafone's hostile offer out of hand if plans for the company were in the interests of shareholders.
According to a report by retail consultancy Verdict, shopping on the Internet will revolutionise the music, video and software industries, writes The Telegraph. Shopping online currently accounts for 1.5 per cent of overall entertainment sale but Verdict predicts that this figure could rose to 20 per cent by 2004.
French Internet company Nart has launched what it claims to be the biggest online auction of major art works, including pieces by artists such as Picasso and Renoir, writes The Wall Street Journal. The auction, called French Eye on Art will include pictures, sculptures and engravings and is valued at around $1.2 million.
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