NetFlash: Seagate buys Maxtor; Google buys 5% of AOL; AT&T teleworks; Nortel loses exec

Last night I watched footage of commuters hoofing it across the Brooklyn Bridge to get to work despite the transit strike in New York – a clear reminder of why teleworking can be so valuable. This week we take a closer look at AT&T’s telework program, which has yielded all sorts of benefits – including $30 million in cost savings and better retention of employees. Telework thrives at AT&T http://www.networkworld.com/net.worker/news/2005/121905-att-telework.html?net&story=121905-att-telework

Last night I watched footage of commuters hoofing it across the Brooklyn Bridge to get to work despite the transit strike in New York – a clear reminder of why teleworking can be so valuable. This week we take a closer look at AT&T’s telework program, which has yielded all sorts of benefits – including $30 million in cost savings and better retention of employees.

Telework thrives at AT&T

http://www.networkworld.com/net.worker/news/2005/121905-att-telework.html?net&story=121905-att-telework

Nortel to lose another executive

The Nortel press release says it is losing its chief marketing officer for personal reasons. But the executive’s departure comes soon after some other major changes at the top.

http://www.networkworld.com/news/2005/122005-nortet-exec.html?net&story=122005-nortet-exec

Seagate to buy Maxtor for $1.9 billion in stock

Hard disk drive manufacturer Seagate Technology will acquire Maxtor in an all-stock transaction worth around $1.9 billion, the companies announced Thursday.

http://www.networkworld.com/news/2005/122105-seagate-maxtor.html?net&story=122105-seagate-maxtor

Google pays $1 billion for 5% of AOL

After flirting for months with Google competitors, AOL Tuesday reached a deal with the Mountain View, Calif., search-engine giant that expands their years-long technology and advertising partnership and ends advances from suitors, particularly Microsoft.

http://www.networkworld.com/news/2005/122105-google-aol.html?net&story=122105-google-aol

Former Qwest CEO Nacchio indicted on insider trading

Joseph Nacchio, the former co-chairman and CEO at Qwest, was indicted Tuesday on 42 counts of insider trading.

http://www.networkworld.com/news/2005/122005-qwest-nacchio.html?net&story=122005-qwest-nacchio

IBM acquires Bowstreet

IBM Tuesday announced it bought portal software maker Bowstreet for an undisclosed amount.

http://www.networkworld.com/news/2005/122005-ibm-bowstreet.html?net&story=122005-ibm-bowstreet

Help Desk: Networking a military field unit overseas

Ron Nutter helps a 140-person Army Field Artillery Company in Iraq address its network issues.

http://www.networkworld.com/columnists/2005/121905nutter.html?net&story=121905nutter

Today on Layer 8: Quitcher bitchin’ about outsourcin’

Ooh, is David Patterson steamed! He’s had just enough about people complaining about losing their IT jobs to India. Read why.

http://www.networkworld.com/weblogs/layer8/010669.html?net&story=layer8