PC Magazine Newswatch

Wednesday, March 27, 1996

Today's top news stories:

Apple Reports Mammoth Q2 Losses
MacWEEK, 03/27/96 -- Apple unloaded a bombshell early this morning when chairman and CEO Gilbert Amelio announced that the company would incur a $700 million loss in its second 1996 fiscal quarter ending March 31.

Sun to Reinforce Java Security
PCWEEK, 03/27/96 -- Sun Microsystems is working on adding support for digital signatures to its Java technology to ensure the integrity of applets, officials said.

Start-Up Shows Promising Internet Video
PCWEEK, 03/27/96 -- A Silicon Valley startup has unveiled a new video compression and synchronization technology that promises to deliver advanced video capabilities over the Internet.

H&R Block Sees Big Money in CompuServe IPO
PCWEEK, 03/27/96 -- H&R Block will sell a 17.7 percent stake in its CompuServe online services unit, aiming to earn up to $480 million.

CompuServe Offers Full Online Banking
Inter@ctive Week, 03/27/96 -- CompuServe has aligned with Security First Network Bank FSB, the first Internet bank, to provide FDIC-insured online banking services for CompuServe users.

Apple Looks Again at Computer Games
Inter@ctive Week, 03/27/96 -- Apple Computer, searching for new revenues in its turnaround effort, is putting new emphasis on a market it has largely ignored for years: computer games.

NYNEX Unveils Online Yellow Pages
Inter@ctive Week, 03/27/96 -- Nynex took the wraps off a revamped version of its Web-based interactive Yellow Pages service Tuesday, launching BigYellow, a business directory the company plans to market nationwide.

Bell Atlantic, Ascend in ISDN Deal
Inter@ctive Week, 03/27/96 -- Strengthening its hold on the remote networking equipment market, Ascend Communications entered an agreement with Bell Atlantic Corp. in which the local telephone carrier will resell Ascend's Pipeline product line to its residential Integrated Services Digital Networks, or ISDN, customers.

Debut of TV, Web Simulcasting
Inter@ctive Week, 03/27/96 -- EarthWeb LLC and ACTV Inc. on Wednesday will try to usher in the transmission of World Wide Web information and advertising that will play along with programming being broadcast on television networks.

Germans Hit By Online Comparison Shoppers
The Financial Times, 03/27/96 -- German exporters, battling against a strong currency and high labour costs, have found another cause for their declining share of international markets: the Internet.

Spain-Canada Fish War Continues Online
@Canada, 03/27/96 -- Spanish Ambassador Jose Luis Pardos has posted on the Internet a vitriolic, sarcastic and humorous package of diaries, policy statements and propaganda that disparages the actions of Brian Tobin and Canada in last year's turbot war.

Yesterday's top news stories...