Across the gap; traditional publisher meets Internet upstart: can marriage survive? It's remarkable how little they have in common--except needing the other; looking for word: 'stupid'

Article Abstract:

Harte-Hanks Communications Inc's $400,000 purchase of a 20% interest in SiteSpecific Inc is resulting in a personality clash between the two companies' CEOs. Harte-Hanks made the investment because it needed to develop an Internet strategy. SiteSpecific is a Web site developer that was formed in late 1995 and expects $2 million in revenue for its first year. However, the company expects a $200,000 to $300,000 net loss for the year. The company has tripled its staff and has already relocated its operations. Many of its young employees have never worked in a traditional corporate setting and mixing corporate cultures with the more traditional, established, Harte-Hanks can be stressful. They may not appreciate advice from Harte-Hanks executives on how to handle employees or select new office space. Harte-Hanks executives, on the other hand, find themselves seeking technology advice from people who are their own childrens' age.

Planning, Company investment, Investments, Web site/Web page development, HHS, Company business planning, Harte-Hanks Communications Inc., SiteSpecific Inc.

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MCI WorldCom shuts network over weekend

Article Abstract:

MCI WorldCom Inc.'s weekend network outage affected some 3,000 customers and affecting about 10% of America Online's Internet connections. MCI engineers removed the Lucent Technologies software which might have been the culprit in frame-relay network problems. The Chicago Board of Trade is considering severing ties with MCI, after their electronic-trading system was shut down more than 60% because of outages since August 5. MCI President Bernard J. Ebbers made personal calls of apology to customers.

Product standards, safety, & recalls, Product defects and recalls, Services, Telecommunications services industry, WCOM, Company services, MCI Inc.

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AT&T's earnings exceed expectations

Article Abstract:

AT&T has surprised industry experts by boosting first-quarter revenues by 9.9%. This increase is due, in part, to the wireless and business arms of the company. AT&T has maintained a high profile in the telecommunications industry with their acquisition of both MeidaOne Group and Tele-Communications Inc, two very large cable operators which AT&T intends to run high-speed Internet connections through.

Financial management, Finance, AT&T Corp., T, Company sales and earnings, Company earnings/profit

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