FiberCore Inc. saw its losses widen in its fourth quarter even as they narrowed for the year overall. The optical fiber maker reported a net loss of $3.3 million, or 5 cents a diluted share, for the fourth quarter, compared with a net profit of about $2.3 million, or 4 cents a diluted share a year ago.
Copyright 2002 Warren Publishing, Inc. Communications Daily…04/02/2002 From LexisNexis The Ninth U.S. Appeals Court, San Francisco, won a lottery Monday to hear a federal challenge to the Federal Communications Commission's declaratory ruling that cable modem service is interstate "information service.
In what could be considered a watershed event, broadband surfing in January 2002 accounted for more than half of all time spent on the Internet, reported Nielsen//NetRatings. That marked the first time that broadband usage outpaced narrowband usage (see accompanying chart). NetRatings also found that about 21.
Falling prey to market and financial pressures that have hit scores of broadband and technology start-ups, Incanta Inc. is down to a skeleton crew while the broadband content company attempts to raise more cash to stay afloat. Atlanta, Ga.-based Incanta is now down to six staffers, down from about 37 last week, a company spokesman said.
Expanding its telecommunications billing footprint, Denver-based CSG Systems International has closed its deal to acquire the billing and customer care assets of Lucent Technologies for roughly $260 million. Lucent originally obtained those assets, including software products and consulting services, via its purchase of Kenan Systems Corp.
Shifting its focus beyond off-the-shelf gaming titles for the PlayStation2, Sony Computer Entertainment Inc. said it will take advantage of the console's high-speed capabilities with a new broadband, multiplayer service. Set to launch this month in Japan, the PS2 broadband service will require users to have a DSL or cable modem connection and buy or rent a special "Broadband Navigator" ad...
Aiming to boost cable's upstream capacity, Com21 Inc. said it has become the first vendor to feature Broadcom Corp.'s Propane accelerator software for DOCSIS and EuroDOCSIS systems. For starters, Com21 will use Propane in its recently unveiled DOXcontroller XB system, including the Dox-controller cable modem termination system.
Intertainer has launched Demand E.S.P., a patent-pending platform designed to help broadband operators and content owners manage, program, distribute and track on-demand content. Intertainer's VOD content tool is comprised of seven modules: asset management and production, programming and scheduling, distribution management, usage reporting, royalty management, IP VOD services and profess...
VT Media Technologies has launched a new Linux-based set-top, the VT100, claiming the unit price on the box will be less than $150 in "OEM quantities." Code-named "The Edge," VT Media's box leverages a Linux-based operating system to enable multiple data streams, including Ethernet 10/100, to be converted to composite analog RF data streams or S-Video data streams.
In a move that could pit Philips in the highly competitive middleware market, Philips Softworks has teamed with silicon vendor STMicroelectronics to develop "solutions" for applying Multimedia Home Platform (MHP) technology in set-top boxes and digital televisions. Under the agreement, both companies will develop and market "pre-integrated" versions of the Philips MHP 1.
Rising like a Phoenix from the ashes, Ricochet Networks has launched a technical trial of its high-speed, wireless Internet access network in Denver. Aerie Networks acquired Ricochet Networks from bankrupt Metricom Inc. for $8.25 million.Ricochet said the Denver test is the first step toward re-deploying the service and its patented MicroCellular Data Network.
Despite a splashy coming-out party at January's Consumer Electronics Show, apparently not all sailing is smooth at Moxi Digital Inc. For starters, Steve Perlman, former co-founder of WebTV, stepped down as Moxi's CEO to become vice chairman and "devote more time for creative projects at Rearden Steel Studios," the company said.
Digital home entertainment start-up Ucentric Systems said it has completed its initial phase of service operator trials, and is preparing a third-generation of its software platform for cable deployments in the second half of this year. Though Ucentric's focus is on software for set-top boxes and media servers, the company has supplied prototype hardware to trial participants, including C...
No longer is the television the only domain of digital video recording technology and functionality. Fremont, Calif.-based InterVideo is adding DVR functions to PCs via WinDVR, a software bundle that allows users to pause, rewind and fast-forward video they are watching on PCs equipped with TV tuners.
Fiber-to-the-home and business equipment vendor Wave7 Optics said it raised $23 million in a second round of funding led by Advanced Technology. New investors included Mellon Ventures and Armada Ventures. Founding investors Morgenthaler and Lucent Ventures partners also participated in the round.