Finance

Radiant to Upgrade Network Capacity

July 3, 2003 — (WEB HOST INDUSTRY REVIEW) — Radiant Communications (radiant.net) announced yesterday that it is upgrading its network capacity and redundancy due to significant customer growth. Read More

XO Communications COO to Resign

May 27, 2003 — (WEB HOST INDUSTRY REVIEW) — XO Communications (xo.com) announced today that Nate Davis will resign as president and chief operating officer of the company. Read More

Overture Cuts 100 Jobs at Altavista

May 12, 2003 — (WEB HOST INDUSTRY REVIEW) — Paid search firm Overture Services, Inc. (overture.com) said last week at its 2003 meeting with financial analysts that it would eliminate 100 jobs as a result of its acquisition of AltaVista. Read More

Six Flags Selects Cable & Wireless

April 28, 2003 — (WEB HOST INDUSTRY REVIEW) — Cable & Wireless (cw.com) today announced that Six Flags, Inc. (sixflags.com), a theme park company with sites in the United States and Europe, has deployed Cable & Wireless? Content Delivery Network Services (CDNS). Six Flags is leveraging Cable & Wireless CDNS to enhance Web site performance and maintain a Web infrastructure that can scale to meet spikes in site traffic. In addition to the deployment of CDNS, Cable & Wireless will continue to provide Six Flags with Web hosting and streaming services. Six Flags employs a media and feature-rich Web site that includes online ticket sales and streamed videos of park attractions. Read More

RampRate Appoints New CFO, COO

April 24, 2003 — (WEB HOST INDUSTRY REVIEW) — RampRate LLC (ramprate.com) announced on Thursday that it has appointed senior finance and operations executive Mark Smialowicz as the company?s new chief financial officer and chief operating officer. Read More

netASPx Signs Sovereign Bank to ASP Agreement

April 16, 2003 — (WEB HOST INDUSTRY REVIEW) — Sovereign Bank, of Wyomissing, PA has chosen netASPx (netaspx.com) to provide complete Lawson application support, upgrades and infrastructure as part of a multi-year ASP agreement. With the help of netASPx, Sovereign Bank has recently implemented their accounts payable and fixed assets back-office systems on netASPx?s Lawson focused utility. Read More

Long-Haul Bandwidth Industry Reaching Bottom

April 10, 2003 — (WEB HOST INDUSTRY REVIEW) — According to the results of a report released this week by research firm TeleGeography (TeleGeography.com) the struggling long-haul bandwidth industry appears to be reaching bottom after three years of ongoing bad news. Read More

Verio Appoints CFO

April 2, 2003 — (WEB HOST INDUSTRY REVIEW) — Verio (verio.com), a subsidiary of NTT Communications, recently announced the appointment of Calvin Quan to senior vice president and chief financial officer, effective March 31. Read More

Qwest Executives Indicted for Accounting Fraud

February 26, 2003 — (WEB HOST INDUSTRY REVIEW) — Four former executives at Qwest Communications International, a major telecommunications firm, have been indicted on charges relating to corporate accounting fraud, the U.S. Department of Justice said yesterday. Read More

NaviSite Appoints New CEO

February 21, 2003 — (WEB HOST INDUSTRY REVIEW) — Managed applications and infrastructure service provider NaviSite Inc. (NaviSite.com) announced on Friday that it has appointed a new chief executive officer, Arthur Becker, to replace Trish Gilligan, who recently guided the company past several key integration milestones, strategic acquisitions and internal reorganization. Read More

Additional Finance Articles