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AOL buys Mailblocks in spam-fighting effort

Aug 04, 20043 mins

Latest financial news.

AOL buys Mailblocks in spam-fighting effort, 08/04/04

America Online has snapped up Web-based e-mail company Mailblocks in an effort to bolster its own e-mail services with greater anti-spam protection, mail management and interface improvements, it said Wednesday.

Business Objects says it could face SEC charges, 08/04/04

Business information software company Business Objects has received a notice from the U.S. Securities and Exchange Commission that the federal regulator intends to recommend a civil action against the company for possible violation of U.S. securities law.

Avaya buys conferencing vendor Spectel, 08/03/04

Avaya purchased audio-conference vendor Spectel this week for $103 million, with plans to add converged audio/video/Web conferencing to its enterprise VoIP platforms.

Enterprise competition drives down Qwest’s earnings, 08/03/04

Qwest lost $776 million in the second quarter of 2004, the company reported this week.

Cebit America 2005 canceled, low revenue cited, 08/03/04

Although the Cebit America Web site continues to enthusiastically suggest that visitors “Save the date!” for the 2005 edition of the IT trade show next June in New York, organizers Monday announced …

Microsoft settles New Mexico class action, 08/03/04

Continuing a string of settlements, Microsoft on Tuesday said it will make available as much as $31.5 million in vouchers to end a class-action lawsuit in New Mexico.

Fiscal crunch raises questions at Nortel, 08/02/04

Industry watchers say Nortel might be best served by selling the enterprise group to help hit the profit targets the company last week said it is missing.

Terra Lycos sells Lycos to Daum for $105 million, 08/02/04

Terra Lycos has sold its U.S. subsidiary, Lycos, to the South Korean Internet portal company Daum Communications in a deal valued at $105 million, Terra Lycos announced Monday.

SCO tries to revive Unix System Labs name, 07/30/04

The SCO Group is trying to revive the name of the AT&T subsidiary that once owned the rights to the Unix operating system and, in the process, stirring up controversy with the industry group that …

Siemens to merge its communications units, 07/29/04

Siemens is merging its mobile and fixed communications businesses into a single group called Siemens Communications, adapting itself to a changing market in which wireless and wireline …

Newsletter: Network General emerges from former Network Associates, 07/29/04

Network General made its debut last week as it prepared Sniffer products recently split from McAfee to face the network management world on their own.

IBM acquires Cyanea, 07/29/04

IBM Thursday announced it has acquired for an undisclosed amount application monitoring software maker Cyanea Systems.

Alcatel sees rising demand for telecom equipment, 07/29/04

Alcatel sees demand for its telecommunications equipment returning, with second-quarter sales from continuing operations growing 7.2% year-on-year, excluding the effect of exchange rate …

Siemens reports strong Q3; raises outlook, 07/29/04

Siemens Thursday reported strong growth for its fiscal third quarter, citing positive performance from its automation and drive, power and lighting divisions, prompting the Munich company to predict …