XO ON THE BRINK

It’s almost over for XO Communications. According to this article, XO is weighing a takeover bid by Carl Icahn, and it may file for bankruptcy soon. More telling to me is that XO filed its annual report with the SEC; in it, the accounting firm said it has...

TIME WARNER HATES AOL SOFTWARE

I mentioned a couple of weeks ago that America Online has continued to use Microsoft Internet Explorer as its browser engine, even though it acquired Netscape last year – pretty ironic, eh? Well, an even better commentary on Netscape’s software skills...

XO COMMUNICATIONS TO FILE FOR BANKRUPTCY

It was reported yesterday that XO Communications (the successor to Concentric Networks) expects to file for Chapter 11 bankruptcy within two weeks. No information is available yet on whether this will affect XO’s customers for dialup access, DSL, or web site...

GATEWAY SALES PLUMMET

Gateway continues to fall apart. Steep drop in fourth-quarter sales, another 15% cut in work force, more store closures. The future looks very dim. Interestingly, EMachines is hanging in there. I thought they’d be bankrupt by this time. It’s no longer a...

EXCITE@HOME TO SHUT DOWN

The game of chicken poker is over and the loser is: everybody. AT&T drove Excite@Home into bankruptcy, hoping to pick up its assets for $300 million. The bondholders objected and said the assets were worth $1 billion. The bankruptcy court gave Excite permission to...

EXCITE@HOME CONSPIRACY THEORY

The December 10 issue of Forbes magazine presents an interesting theory to explain how Excite@Home wound up in its current embarrassing predicament. “A new conspiracy theory alleges that AT&T, despite controlling 23% of @Home’s common shares and 74% of...