Colt to cut 500 jobs and close seven web-hosting centres
Colt Telecom yesterday announced plans to axe 500 jobs across Europe and close seven of its 18 web hosting centres, writes Richard Wray.
Blockbusters are music to Vivendi ears
Blockbusting box-office performances from Jurassic Park III and The Mummy Returns enabled Vivendi Universal to reiterate its ambitious growth forecasts, writes John Cassy.
BT opens hypertext case
BT today begins a court battle in the US lawsuit to prove it owns the technology that web surfers use to move between pages or sites with the click of a mouse. By Simon Bowers.
BT fights to boost broadband service
BT will this week attempt to revitalise Britain's attempt to become one of the European leaders in the provision of broadband internet services. By Richard Wray.
AOL Time Warner’s losses deepen
4.15pm: The world's largest media company has written off £1.2bn on US investments, reports Owen Gibson.
Winnie the Pooh heads for court
Lawyers representing the family that owns the merchandising rights to Winnie the Pooh are stepping up their fight with Walt Disney, writes David Teather.
Baltimore loses £680m on sale
Irish internet security specialist Baltimore Technologies yesterday disposed of an email company it bought just two years ago at a loss of £680m. By John Cassy.
In 1960 Ben Hur swept the Oscars. Now it’s up for sale at $7bn
MGM, the movie studio behind the James Bond films and Ben Hur, has reportedly been put up for sale for £4.8bn. By David Teather.
AOL assumes no recovery and digs in for a frugal year
AOL Time Warner yesterday said it assumed there would be no recovery in the advertising market during 2002. By David Teather.
Cuts help Disney make internet arm profitable
Walt Disney yesterday said the aggressive scaling back of its internet operations would allow them to reach profitability in 2002. By David Teather.
$72bn deal creates new No 1 in US broadband
The largest broadband company in the world will be created after AT&T agreed to merge its cable TV business with Comcast in a £50bn deal. By David Teather.
Levin: ‘The world is not the same any more’
11.30am: September 11 proved a catalyst to Gerald Levin's shock decision to quit AOL Time Warner, writes Dan Milmo.
Chrysalis seeks safety in 365 link
The shake-out of internet companies continued yesterday when four of the dot.com boom's best known brands sought mergers, writes John Cassy.
‘Broadband fiasco’ looms
Telecoms watchdog Oftel has left Britain in danger of becoming 'the broadband sick man of Europe'. By Richard Wray.
Gates sees a handwritten future as the tablets are taken to Las Vegas
The future lies in pen and ink, says Bill Gates, the co-founder and chairman of the world's biggest software company. By Jack Schofield.