Up-To-Date - December 7 - 13, 1998

from the Up-To-Date dept

If you're a good IT worker, than you should be reading this on Tuesday after "striking" against Wassenaar Monday
 Up-To-Date 
The not always serious, 
not always weekly update
on the High-Tech Industry
December 7th - Dececmber 13th, 1998
If you're a good IT worker, than you should be reading this on Tuesday after "striking" against Wassenaar Monday
---------------------
Holiday break time   
---------------------
Another year down.  Let's face it, nothing big happens during the second half of December anyway (am I just asking for it, or what?).  So, for the next few weeks I expect Up-To-Date to be on hiatus while I spend my free time doing a few of the things I've been meaning to get to over the past 365 days.  I wish everyone the best during the holiday season (even the folks I've personally offended at Microsoft) and I'll return in early '99... -Mike
 
--------------------
Say that again...
--------------------
"At the other end of a Web search, is a computer displaying a Web page.  But these discussion groups are different. They are messages from people."
- Eric Hahn, board member of RemarQ Communications (the folks who used to be SuperNews) explaining to the super challenged (i.e., analysts) the "difference" between the web and Usenet, as part of their deal to provide searches to Excite. 

"Justin is an unusual person.  He has, uh, talents."
- Jay Lichtman, former attorney to high profile cracker-on-the-run, Justin Petersen.

"If I sign up people my parents recognize, I've done it wrong."
- Brian Brinkerhoff, new VP of Content Acquisition at GoodNoise, on how he plans to go about signing up bands

------------------------------------------
Earnings Reports, IPOs and the like
------------------------------------------
Mindspring and DoubleClick selling more shares (while the selling is good)... All different numbers flying around concerning the exact number of layoffs at MCI Worldcom, but it's still going to suck for those involved... Xoom.com (that ".com" is recently added, mind you) has a nice IPO, though not quite as nice as others, these days.  Plenty of talk as well about how their "we're better than Geocities" numbers aren't very accurate... Ericsson warned of lower than expected profits and layoffs of 10,000 employees... Priceline.com raises an additional $55 million from folks like Paul Allen, George Soros, and Jim Manzi... Oracle blows away expectations and last year's crappy numbers for their second quarter... Ciena losing more money that in the past, looking sillier than in the past, but at least they beat the estimates... SBC and Ameritech have their shareholders' approval for the merger... TheStreet.com thinking about going public (they've got the .com, but what will they say about themselves?)... iVillage goes for the IPO... 

------------------------------------------------
Rumors, Conspiracies etc. of the week...
------------------------------------------------
IMB to buy AMD (oops, wait, we've heard that one before)... How 'bout IBM to buy Intergraph (SGI in the hunt as well)... AT&T and Time Warner talking about carrying local phone service over Time Warner's cable lines... Handspring is going to be making Pilot-like devices for kids... McNealey and Ellison to make some big announcement Monday morning (what, not striking for Wassenaar?) and let's bet it's got something to do with nothing to do with Microsoft... 

----------------------------------------
News you should have read elsewhere
----------------------------------------
Netscapes ships slimmed down (damn fast) browser "layout engine" and people get excited momentarily... NASDAQ has decided to try out Windows NT, to which most normal people responded "oh God, NOOOOOOOOOOOOOOO"... Microsoft has chosen Barnesandnoble.com to be their premium book supplier on MSN (which really doesn't seem like that big of a deal - Amazon already has quite a bit of brand name recognition, plus they've got the music spot on MSN, and, honestly, do we care that much about MSN?)... AT&T buying IBM networking business, bringing them closer in that area to MCI Worldcom, blah blah blah, big deal, lots of money, etc... 

--------------------------
News you could do without
--------------------------
Folks that Intel laid off in Dupont, Washington, are now being asked to stick around for two extra months... Getting them young: Microsoft certifies a 14-year-old as a systems engineer... FACE Intel not allowed to spam 30,000 ex-coworkers, and he's pissed off... Open Source advocates want the government to consider using Linux (this is news, why?)... Computer companies want to push forward higher bandwidth... Sprint really is planning on rolling out ION (so, it wasn't just a big marketing trick after all?)... Geocities reaches 3 million users... More Y2K problems found in Windows 98... Sun's new JDK is closer to open source... Meanwhile, Sun is also trying to make sure Linux software can run on Solaris (which drew a mixed reaction)... Only half of the counties in the US have Y2K computer plans (now, wouldn't it be funny if those places included all those middle o' nowhere towns that all the Y2K paranoids are running to, in order to hide)... Jim Barksdale to leave @Home's board due to the AOL/Netscape deal... AOL looking to find someone to build devices for AOL TV... eBay goes offline (nothing to do with *the* blackout) and when folks complain, eBay kicks 'em off, permanently (don't mess with eBay, dammit)... Siemens and 3Com in a joint venture to build computer based office telephones... AOL gets over $30 million from Bell Atlantic and GTE to carry their online commercial directories... Cendant is considering selling off its online units, according to company statements... Broadcast.com to webcast earnings conference calls for Nasdaq... Folks are so interested in finding out the sordid details of the FBI's investigation of Frank Sinatra that they completely overwhelm the APB.com web site... Once again the IRS has decided to modernize its computer systems (wait, we've heard that before)... Datek's stock exchange... Iomega fined nearly a million dollars by the FTC... Network Solutions and the company that has Real Names (has *anyone* actually used this service) make a deal... The Times Mirror Company, who has already thrown more money at web ideas that haven't gone far, has announced plans to spend *even* more, next year... All those former Compaq execs can't make up their mind, jumping from one startup to another (the latest is Tricord Systems)... Sun claims the new MS JVM has a bug (will they *never* be satisfied?)... 

------------
Surprises:
------------
John Koskinen, chairman of the US Commission in charge of fixing the Y2K problem has announced that he has booked a flight on the last day of 1999 and the first of 2000 to prove that he has confidence in planes being able to fly on those days.  Somehow, I get the feeling he'll have plenty of room to stretch out... South Carolina dropped out of the MS/DOJ lawsuit because of AOL/Netscape, and it makes big news for all of approximately 4 seconds (making even less news is the info that MS apparently donated $20,000 to the SC Republican party)... Marc Andreessen *interviewing* for a job with AOL????... Sun bans benchmark tests, but then claims they won't really (really!) enforce it (unless it's done by someone evil, like Microsoft, I'm sure)... CNN voted as the best news web site, while CondeNet (described succinctly as "god-awful") voted the worst, by Netquide... Sony attempting to rewrite old contracts to guarantee they have the rights to online distribution of musicians' music... Lycos decides to open its own branded store (rather than just extort insane rents from online companies, now they *also* want a piece of every transaction)... Big confidence builder: the British Gov't is warning citizens to hoard food for Y2K... Blue Mountain Arts suing Microsoft for automatically sending email from their domain into the trash for anyone using Exchange... 

-------------------------------
(Mis)Uses of Technology:
-------------------------------
Clarion and Microsoft's AuotPC is on sale in a few test cities now (including here in San Francisco, but I'll pass, thank you)... Russian scientists have developed microbes that will eat astronauts' dirty underwear (this is worthy of being printed, you ask?  AP thought so)... The Paul McCartney web cast... A sitcom about Matt Drudge... 

----------
Studies:
----------
The Yankee Group has gone out on a limb and predicted that Internet sales this year will be bigger than last year (and I'll go out on a limb and predict next year's will be *even* bigger!  Perhaps we should explain to the nice folks at Yankee the term "emerging" market)... Folks at BCG say their study shows that spending this year online increased to three times that of last year... Meanwhile, Marketing Corp. of America sees that nearly 10% of Americans made purchases online in the week following Thanksgiving... PricewaterhouseCoopers (just call it PWC already) has declared that 1999 will be the year of "bandwidth"... A survey from 1-800-Flowers says that 2/3 of customers make online purchases from a home computer, and most are not concerned with security issues... According to our friends at Jupiter (some of whom read the quick news summaries here in Up-To-Date) most folks looking for news online just read quick headlines and summaries, and rely on other media for the details... IDC predicts that computer sales will grow this quarter, thanks mostly to increased European sales... 

-----------
Overhype
-----------
Amazon's "Shop the Web" initiative... The folks at Be Free made big news this week by "anticipating" a patent in a business they're not even in.  The company that helps other companies set up affiliates is thinking about doing very targeted advertising, scaring privacy advocates to no end (talk about free publicity)... Intel licensing Pentium processor design to the US Dept. of Energy to make radiation proof processors... The fact that Lycos has decided to sponsor the first team in the new Collegiate Professional Basketball League (which, from my understanding is not Collegiate, is only borderline professional, and certainly isn't much of a league with only one team)... Stealing cars with PalmPilots made *way* too much news this week considering that (1) the original story about Pilots and cars came out about 3 weeks ago and (2) the fact that the same is true of just about any programmable infrared device such as Universal Remotes and HP calculators.... The new Disney/Infoseek Go.com, and its lack of pornographic advertising... 

--------------
Predictions:
--------------
It's about that time when all the big tech magazine print their predictions for '99 and ignore how badly they missed in '98.  I won't make any big predictions for '99 except that there will continue to be plenty for me to write about.

------------------------
Too much free time:
------------------------
Certainly one of the more useful online tests:
http://www.alienabductions.com/abductalizer/zqframe.html
 

Up To Date is written by Mike Masnick from whatever news he hears from whatever sources they happen to come from.  It is not intended for any uses other than as one of many possible ways to follow what's going on in the hi-tech industry.  I certainly wouldn't rely on it as your only source of info.  And, of course, my comments may not accurately reflect reality. Finally, an explicit warning about investing: I do not, under any circumstance, consider any piece of information in this newsletter "investment advice" and neither should you. 

To subscribe to Up-To-Date type your email address in the box below and press enter: 

Click here to return to the Up-To-Date index.  

Comments are always welcome! 

If you would like to discuss this article with others, feel free to go to the Diner, or to e-mail our discussion list, backstage.
Hide this

Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.

Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.

While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.

–The Techdirt Team


Follow Techdirt
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Discord

The latest chatter on the Techdirt Insider Discord channel...

Loading...
Recent Stories

This site, like most other sites on the web, uses cookies. For more information, see our privacy policy. Got it
Close

Email This

This feature is only available to registered users. Register or sign in to use it.