LookSmart (Nasdaq: LOOK) will form a joint venture with British Telecom (NYSE: BT) to create and distribute portal services in Europe and Asia. The companies said they also plan to develop services for broadband and wireless application protocol devices.
Latest from ZDNet Editors
AOL's going south Tuesday with the launch of a Portuguese-language Web site with closely held Venezuelan media conglomerate Cisneros Group.
As music industry executives line up to condemn Napster, the music sharing phenomenon being sued by Heavy Metal band Metallica, the controversial service found a friend in British Telecom, kicking off yet another copyright furore. Unlike telecoms providers across the pond, BT has labelled Napster "innovative" and has confirmed it has no plans to block its users from using the service, even though it effectively turns a user's machine into a server.
SINGAPORE -- With an eye for the combined 55 million strong cellular market of Singapore, Hongkong, and South Korea, SingTel Mobile and Virgin Management Ltd (Virgin) have signed a Memorandum of Understanding (MOU) to create a billion dollar venture to offer cellular services throughout most of Asia and Internet services in Singapore. SingTel Mobile and Virgin will negotiate and finalize definitive agreements by August 2000.
The Federal Communications CommissionFriday approved AT&T Corp.'s (NYSE:T) $10 billion global joint venturewith British Telecommunications Plc, allowing the No.
The combination of Lycos and Terra Networkswill be called Terra Lycos Inc., according to peoplefamiliar with the decision.
The 10,000 Web users who agreed to let Virgin Entertainment track their every click in return for a free Web-surfing device and three years of cheap, unlimited service will be facing a blank screen next week.Internet Appliance Network, the closely held Boxborough, Mass.
The wireless phone industrys struggles to find new ways of making money will have a $1 trillion payoff by 2010, a new study suggests.The UMTS Forum, a group of more than 100 telephone service providers and equipment makers led by British carrier Vodafone Group and including NTT DoCoMo, Texas Instruments and Lucent Technologies, is predicting there will be $1 trillion in total revenues for telephone service operators between now and 2010.
Telecommunications in Australia were crippled Friday with a meltdown in the network of one of the country's largest carriers.The main fiber-optic cable used in the Cable & Wireless Optus network was cut, according to reports, severing an important artery between Sydney and Melbourne, and launching networks into chaos.
British Telecommunications Plc is poised to buy out its partners for complete ownershipof German phone and internet joint venture Viag Interkom AG, the Independent newspaper said on Sunday. The paper said BT, which owns 45 percent of the jointventure, is poised to pay $5 billion for the 55 percent stakeit does not already own.