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Fiorina Takes Quick Action To Right HP

Enderle Group analyst Rob Enderle told the E-Commerce Times the moves have three main goals, including assuring investors and correcting the problem "But the most important is to show the other employees such behavior will not be tolerated," Enderle said. "An executive can't b...

INDUSTRY INSIDER

Reverse Mergers and Shells Under SEC Microscope

In a previous column, [Theodore F. di Stefano, "Finding Dollars for Small-Cap Companies," E-Commerce Times, June 28, 2004], I briefly mentioned that the SEC's new approach "...might prove to be the death knell of reverse mergers." This column explores what appears to be the SEC's present intention toward reverse mergers and public shells...

Google Closes in on IPO

Jackson, whose book on the PayPal IPO and its aftermath, the PayPal Wars, is due out next month, told the E-Commerce Times that opening the doors to thousands of new investors often lets in unintended consequences as well "Fighting the Mafia is easier than going public," Jacks...

INDUSTRY ANALYSIS

Guidelines Evolving on ISP Liability for Users’ Misdeeds

Recently, there have been a number of interesting cases dealing with the liability of an ISP for the misdeeds of a user ...

AMD Makes Modest Market Gains on Intel

The shift toward lower-end PC sales may be a seasonal fluctuation, one that may be reversed by more spending on higher-end machines in the U.S. and elsewhere in the second half of the year, Dean McCarron of Mercury Research told the E-Commerce Times. This has been the pattern in several of the last five second quarters, he noted...

Companies Cautious on Windows XP SP2

"SP2 is somewhere between an upgrade and a whole new version of Windows," Gartner analyst Richard Stiennon told the E-Commerce Times. "For that reason, enterprises are going to want to carefully make sure it's going to work with all the applications they use." Citing the secur...

INDUSTRY ANALYSIS

India Might Undermine Outsourcing with Taxes

10 percent of the income of the foreign firm as indicated on the tax returns by foreign companies in their home jurisdictions. The CBDT's approach to presumptive tax ignores risk and failure scenarios. At my firm, payments for offshoring work are often made on the basis of performance, particularly at the beginning of a business relationship with an overseas facility when very little is known about an offshore entity's actual capabilities. Pay for performance can be used for inbound order processing as well as outbound telemarketing. For inbound work, payment can be made according to the type of transaction completed, with different pay rates used for different types of transactions. For young facilities, pure pay-for-performance contracts may be the only type of work that they can attract. Many facilities begin with outbound business-to-consumer pay-performance work, and then shift to outbound business-to-consumer pay-for-performance work. Some firms never break out of business-to-consumer work and may fail with some or all of the programs that they undertake. Outsourcing projects may be considered to have failed if performance levels are too low for participants to break even. Under presumptive tax schemes, taxes would still be due on payments made in failed projects, exacerbating financial losses for everyone except the federal government in Delhi, also known as the "Centre." Presumptive tax rates will make it harder for new outsourcing service providers to become established in India because the costs for failure may appear to outweigh the rewards or potential for success. American clients can be expected to withhold the 4 percent presumptive tax amount from payments made to Indian facilities, rather than absorbing the 4 percent tax. The alternative is, in effect, to compensate Indian providers at a 4 percent premium over what is paid to providers in other countries. Anthony Mitchell, an E-Commerce Times columnist, has beeninvolved with the Indian IT industry since 1987, specializing through InternationalStaff.net inoffshore process migration, call center program management, turnkeysoftware development and help desk management. ...

Glitches Might Delay Google IPO

Taulli told the E-Commerce Times that expectations have run so high for the Google IPO that it might disappoint investors when it actually happens ...

Yahoo Sued over Message Board Posts

"We are declining to comment on this lawsuit," Yahoo spokesperson MaryOsako told the E-Commerce Times ...

IBM Boosts Open Source with Patent Promise

The timing of IBM's announcement is notable, said Steve Frank, a partner in the patent and intellectual property group of Boston-based law firm Testa Hurwitz & Thibeault. He told The E-Commerce Times that technology companies are more protective of intellectual property concerns now than in the past...

FCC Urges Compromise on Phone Line Lease Rates

FCC spokesperson Rick Chessen told the E-Commerce Times that the chairman did not set a time frame for new rules to be worked out. He noted that the existing rules were frozen in place by a split vote of the commission last month. Chessen said those interim rules contain a pr...

IBM To Build Supercomputer for US Military

"We definitely feel these installments will yield improvements and advances that will benefit our enterprise customers in the future," Holt told the E-Commerce Times. "The lessons we learn through this type of cutting-edge installment help advance our technology." Good News fo...

INDUSTRY ANALYSIS

Outsourcing Could Be Affected by Indian Tax

The Indian government has made various proposals recently to tax foreign firms sending outsourcing work to India and firms that import and resell shrinkwrap software in India. Proposals range from setting a simple 4 percent tax on the value of outsourcing contracts to a more complex system of taxing the global income of corporations with standalone operations in India.

Gates Says Microsoft Will Increase Patent Push

"Owning and controlling intellectual property is a key to their abilityto keep existing customers and attract new ones," Enderle told theE-Commerce Times. Microsoft's claim throughout its antitrust dealingshas been that it won dominance in the operating system and browsermarkets through innovation, he noted.

EXCLUSIVE INTERVIEW

Affinity Internet’s Peter Chambers on the Hosting Industry

Recently, Affinity unveiled its first premium services bundle for ValueWeb clients. The suite includes wizard-based tools and services for Web site creation; tools that let clients enhance their sites; site maintenance, management and support; search engine optimization support tools and assistance, and back-office e-commerce capabilities. The company also plans to further address the specific needs of key vertical markets, such as real estate and restaurants, Chambers told the E-Commerce Times in a recent interview, which follows...

DoubleClick Hit by Hack Attack

DoubleClick spokeswoman Jennifer Blum told the E-Commerce Times that the company knows only that the attack came from "outside sources." Security experts said it appears the attack used hundreds of "zombie" personal computers that had been previously infected with a virus that commanded them to send requests to DoubleClick's server at the same time...

INDUSTRY ANALYSIS

Online Pharmacies: Is the Tide Finally Turning?

U.S. Sen. Judd Gregg, chairman of the Senate Committee on Health, Education, Labor and Pensions, recently introduced the Safe Importing of Medical Products and Rx Therapies Act, a bill that will allow for importation of prescription drugs from Canada and a number of Western European countries. The Act is designed to combat the high cost of prescription drugs. If signed into law, it would allow individuals, pharmacies and wholesalers to safely import cheaper Food and Drug Administration (FDA) approved prescription drugs from these countries...

Microsoft Delays Windows Server, XP Upgrades

Still, Haff told the E-Commerce Times that the postponement of the 64-bit debut is unlikely to cause many defections from Windows, since 64-bit is still far from mainstream "Most Opteron hardware is still being used for high-performance computing, and Intel's 64-bit extensions...

TECHNOLOGY SPECIAL REPORT

First Intelligent, Wireless Consumer Devices About To Hit Market

Simultaneously, vendors have been building compliant products. But before shipping their wares, they will need some assurance that they will conform to the standard, so users can mix and match them. Heile told the E-Commerce Times that the alliance selected National Technical Systems and TUV Rheinland Group to complete this testing...

IBM Lands Navy Supercomputer Deal

Dongarra, who helps compile a semi-annual list of the world's strongest computers, told the E-Commerce Times that IBM is eager to keep its claim to powering more supercomputers than any other company ...

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