SBC net income drops, but revenue up 2.4 percent 25 Apr 2005 14:39 GMTSBC Communications on Monday reported net income of $885 million, or $0.27 per share, for the first quarter of 2005, down from $1.94 billion, or $0.58 per share, in the first quarter of 2004.
Source: InfoWorld In Brief: DoubleClick bought for $1.1 billion 25 Apr 2005 13:20 GMTTwo U.S. private equity firms have bought online advertising company DoubleClick for $1.1 billion, DoubleClick announced Monday. The firms, Hellman and Friedman and JMI Equity, expect to complete the deal in the third quarter. JMI Equity, which focuses on the software and business service industries, will hold a minority interest. Hellman and Friedman sees the acquisition of DoubleClick as an opportunity to extend its online advertising and marketing and data businesses, in part though the recognizable DoubleClick brand as well as utilizing its experienced staff, the company said. DoubleClick stockholders will receive $8.50 for each share of DoubleClick common stock. The company's board of directors has approved the deal, which is still subject to shareholder approval and other closing conditions. The company's core business is serving ads to Web sites, a market that has become increasingly competitive with Yahoo, Google, and others entering the fray to drive down prices.
Source: InfoWorld Vendors Push New Wireless, Security Products 25 Apr 2005 13:00 GMTNetworking vendors are getting a jump on next week's NetWorld + Interop show by launching new wireless, networking and security wares this week.
Source: Mobile Pipeline Wi-Fi Captions Empower The Deaf 25 Apr 2005 13:00 GMTFor the hearing impaired, modern cineplexes show only silent moviles and sporting events lack an announcer's commentary. A new system based on wireless technology could change that.
Source: Mobile Pipeline Hackers plot more phishing, mobile viruses 25 Apr 2005 12:25 GMTMass-mailer viruses like Bagle, Netsky, and MyDoom are so passé. Hackers in the know are now concentrating on mobile phone viruses, phishing scams, and exploiting vulnerabilities, according to McAfee. The antivirus vendor is set to release its quarterly report on Internet threats on Monday, with an eye on the dangers that lie ahead.
Source: InfoWorld