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TODAY'S NEWS
* Inside The Enron Meltdown
* Take Our Survey, Help Improve InternetWeek.com, Win A Chance At A Sony Clie!
* Cable & Wireless To Bail Out Exodus
* MORE NEWS: Bloomingdales.com Cuts Back; TWA.com Shifts Booking; Techs Bottom Out;
BN.com Losses Narrow
* TRANSFORMATION TODAY: Trimac's Million Dollar Payback
* EVALUATEIT: Mission-Critical Management Systems
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WATER COOLER
Which technology do you expect to have the biggest impact on your enterprise in 2002?
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Inside The Enron Meltdown
OPINION: The Internet Didn't Kill Enron
It wasn't the Internet that killed the beast; it was management's insatiable appetite
for expansion and, by all accounts, personal enrichment. --Rob Preston
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UPDATE: EnronOnline Still Trading
While a bankruptcy filing by troubled energy trader Enron Corp. is widely expected,
the company says it continues to trade more than 400 products at its online trading
exchange, EnronOnline.
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DISCUSSION: What Went Wrong at Enron?
Tell us what you think about Enron's failure in this online forum. Do you think it's
an indictment of online marketplaces and their potential to succeed? Or Was Enron's
business model at fault or was this a case of mismanagement?
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Take Our Survey, Help Improve InternetWeek, Win A Chance At A Sony Clie!
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InternetWeek.com. If you have visited and are familiar with our Web site, click on the
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Cable & Wireless To Bail Out Exodus
Exodus Communications Inc., customers are about to gain the one thing they were
lacking from the nation's largest hosting provider--financial stability.
U.K.-based Cable & Wireless said on Friday it is buying some of the assets and most of
the business activities of Exodus for about $850 million, and will invest another $250
million in the company. Exodus had filed for Chapter 11 bankruptcy protection in
September, and William Krause, Exodus CEO was expected to reveal a plan to its board
of directors for the financially troubled company by next week. --Margie Semilof
Read on:
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MORE NEWS: Bloomingdales.com Cuts Back; TWA.com Shifts Booking; Techs Bottom Out;
BN.com Losses Narrow
Bloomingdales.com Scaled Back, IT Staffers Fired
Federated Department Stores will strip the e-commerce functionality from
bloomingdales.com and fire about 100 staffers, including tech support and programming
personnel. --Ted Kemp
http://update.internetweek.com/cgi-bin4/flo?y=eFB10BniTN0V30bdv0AS
TWA.com Shifts Ticket Booking To Parent's AA.com
American Airlines today rolled ticket bookings on TWA.com into its AA.com Web site,
part of a series of moves by American to incorporate Trans World Airlines. American
Airlines acquired TWA's assets last April. --David Lewis
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Economy Shrank Sharply in 3Q; Tech Bottoms Out
The nation's economy contracted more than previously estimated in the third quarter on
a sharper slide in business inventories and company profits, the government said
Friday. --Mary Mosquera
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Barnes & Noble.com Third-Quarter Losses Narrow
Barnes & Noble Inc. reported narrowing losses at its Barnes & Noble.com unit, helping
to propel the No. 1 bookseller to a strong day on Wall Street Thursday. --David Lewis
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Get all this week's news:
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TRANSFORMATION TODAY: Trimac's Million Dollar Payback
In tight times, every penny counts. For Trimac Corp., one the largest bulk truck
carriers in North America, every penny counts even in good times. Shipping bulk
liquids and solids such as chemicals is a notoriously low-margin business, so earlier
this year Trimac turned to a new business intelligence platform to help it run its
operations as efficiently as possible.
The system has already delivered a major payback in the form of $1 million in reduced
costs to date, with an expected overall savings of more than $2 million in its first
full year of operations, according to Ted Barnicoat, Trimac's CIO. The platform cost
Trimac about $400,000, which was mainly spent on software licensing costs, Barnicoat
said. --Richard Karpinski
Read on:
http://update.internetweek.com/cgi-bin4/flo?y=eFB10BniTN0V30bdz0AW
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EVALUATEIT: Mission-Critical Management Systems
Network Management products can help you monitor and maintain your hardware, and keep
an eye on local and wide-area traffic. This week we bring you a selection of powerful
network management tools that can help you pinpoint network failures and even spot
potential trouble before it happens. Compare and Get Quotes from Riversoft, HP, Sun,
and Aprisma.
http://update.internetweek.com/cgi-bin4/flo?y=eFB10BniTN0V30bd10AJ
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=============================================
Virtualize Your Enterprise Architecture!
Access a free online Knowledge Library for strategic enterprise
IT decision-makers. Read expert insights on full-stack virtual
architectures and new models for converged user/provider
e-business infrastructures that really work. Please visit:
http://update.internetweek.com/cgi-bin4/flo?y=eFB10BniTN0V30ZNM0AH
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