IT News Review - Week ending Monday 18/1/1999

IT News Review - Week ending Monday 18/1/1999

Novell offers a boost to user Y2K effortsNovell last week moved to aid its users' Y2K preparation efforts announcing a suite of Y2K-ready products and Y2K updates and tools downloadable from Novell's Web site.

Available at, Novell offers more than 90 products and updates it reports are designed to identify and fix Y2K problem areas.

Click on the link below for the full story opens e-commerce business to competitionFederal agencies and departments are now able to consider proposals from electronic commerce service providers who compete with Telstra under a new procurement scheme.

The federal Minister for Communications, Information Technology and the Arts, Senator Richard Alston, said the changes freed agencies and departments from having to use Telstra's Transigo service to deliver electronic commerce.

Click on the link below for the full story form global e-commerce policy groupA gaggle of high-powered communications chief executive officers announced yesterday the founding of an "unprecedented" global group that will issue policy recommendations intended to encourage the worldwide growth of electronic commerce.

The group includes such well-known American business luminaries as Steve Case of America Online, Gerald Levin of Time Warner and Jim Barksdale of Netscape Communications, as well as international moguls Thomas Middelhoff, president and CEO of Bertelsmann; Jean-Mare Messier, chairman and CEO of Vivendi; and representatives from Fujitsu, Nokia, NEC and other companies.

Click on the link below for the full story turns up the heatIn 1999, Internet users will be more prone to ask a business for its Web site address than its telephone number, and 25 per cent of all Web surfers will buy something online, according to a London-based electronic commerce group.

Click on the link below for the full story shareholders baulk at Lucent mergerAscend Communications yesterday confirmed that shareholders in the company have filed lawsuits seeking to block Ascend's proposed merger with Lucent Technologies.

The $US20 billion merger was announced on Wednesday, and yesterday Ascend officials said shareholders have filed four lawsuits in Delaware Chancery Court challenging the proposed merger.

Click on the link below for the full story bank heralds internal Y2K complianceThe ANZ Bank has become the first of Australia's largest financial organisations to declare its internal computer systems devoid of the Y2K bug.

Click on the link below for the full story launches $100M venture fundOracle announced yesterday that it has established a $US100 million venture capital fund that will be used to invest in companies that are developing Internet products and services based on the Oracle 8i platform.

By setting up the fund, Oracle hopes to boost the development of Oracle 8i-based products specifically within content management, electronic commerce, business intelligence and other end-to-end Internet solutions, company officials said.

Click on the link below for the full story breaks Telstra monopolyThe Commonwealth Government has announced regulations that will break Telstra's monopoly in providing electronic commerce solutions to government agencies.

Click on the link below for the full story float brings in surplusLast year's float of Cable & Wireless Optus raised about $2.9 billion for the company, $400 million more than projected in the prospectus.

C&W Optus' chief financial officer, Norman Gillespie said the additional funds were raised through the recent subscription for additional shares byCable & Wireless, convertible note holders and through the exercise of the over-allotment option.

Click on the link below for the full story, Canadian electric industry eyes Y2KThe North American electric industry is confident that it will solve year 2000 computer problems with little or no disruption to electricity supplies in the US or Canada, according to the latest industry self-assessment submitted yesterday to the US Department of Energy (DOE).

Although they acknowledged that there is much more work to be done and that some companies in the electricity supply chain will not meet the industry's recommended deadlines for year 2000 readiness, electric industry representatives cited significant progress on year 2000 preparations since the industry's first report to DOE last September. They predicted that any date-related computer glitches that persist into 2000 will be inconsequential.

Click on the link below for the full story may mask hacker attacksThe rash of computer glitches expected in January 2000 may create a golden opportunity for hackers, who tend to thrive when IT attention is focused elsewhere, some security experts warn. But a Computerworld poll of 102 executives found that 90 percent already have considered the possibility and are examining ways to thwart such opportunist hackers.

Of those surveyed, 23 percent said their companies are taking extra security precautions for their computer systems as part of their year 2000 planning. For those who aren't, many said the Internet and electronic commerce posed bigger potential threats.

Click on the link below for the full story players respond to industry reportThe world's largest enterprise application vendors have hit out at claims made in a report on the state of the global ERP (enterprise resource planning) market.

In its annual glance into the market space, AMR Research has listed its top 20 enterprise application suppliers, backing up its rankings with a brief summary of each company's respective strengths and weaknesses.

Click on the link below for the full story

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