Caron Carlson

The NASDAQ National Market notified WorldCom Inc. that its securities will be delisted at the opening of business July 5 unless the company requests a hearing to stay the delisting. The notification follows last weeks disclosure by WorldCom that it improperly reported more than $3.8 billion in expenses as assets. According to WorldCom, NASDAQ said […]

To inculcate a sense of urgency about government spending on information security, the Business Software Alliance last week said most IT security professionals believe there will be a major cyber-attack against the government in the next 12 months. In its survey of 395 IT professionals early last month, the alliance did not seek an underlying […]

As WorldCom Inc. faces intense legal scrutiny, customers who depend on the carrier for services ranging from voice and data connectivity to Web hosting are being warned to seek alternate providers. The warnings follow last weeks fraud charges filed by the Securities and Exchange Commission against WorldCom after the Clinton, Miss., company disclosed about $3.8 […]

When is it acceptable to tolerate a noticeable satellite-based delay in a telephone conversation? When theres no terrestrial alternative. Intelsat Ltd. is testing VOIP (voice-over-IP) gateways for carrier customers with the goal of enabling them to integrate voice and data over its satellite system and providing new—theoretically cheaper—calling services. A former intergovernmental satellite organization, the […]

In the latest and most spectacular corporate financial scandal of this recession, WorldCom Inc. said last night that it improperly accounted for $3.8 billion in expenses in 2001 and 2002. The Clinton, Miss., telecommunications carrier said it plans to maintain business as usual despite the imminent layoff of 17,000 employees, but industry observers widely predict […]

To foment a sense of urgency regarding government spending on information security, the Business Software Alliance said last week that the majority of IT security professionals believe there will be a major cyber-attack against the government in the next 12 months. In a survey of 395 IT professionals in early June, the alliance did not […]

With Microsoft Corp.s rejection of a federal judges last-minute call for compromise last week, the embattled software maker has signaled that it will likely appeal any decision in its drawn-out antitrust battle, court watchers say. In what many observers saw as a rebuff to U.S. District Judge Colleen Kollar-Kotelly, Microsoft lead attorney John Warden in […]

At a meeting with Flatrock Inc. officials in Portland, Ore., earlier this month, Special Advisor to the President for Cyberspace Security Richard Clarke was so impressed by the companys network security technology that Clarke turned over a list of potential buyers at federal agencies on the spot—something the nations top security evangelist is reportedly doing […]

WASHINGTON–Attorneys for the states seeking tough penalties for Microsoft Corp.s antitrust actions have backed off of a demand for a modular version of the Windows operating system, saying information sharing is more important than dismantling the Redmond, Wash., software makers flagship product. The statement from attorney Steven Kuney came at the beginning of closing arguments […]

Attorneys for Microsoft Corp. and the nine states suing it for strict antitrust sanctions were told to offer the court potential modifications to each others proposals, in an effort to lead to a remedy more acceptable to both sides. The states suggested several areas for change in their own proposal and the federal settlement crafted […]