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2000 Articles

  • New EU company law to help pan-European businesses

    21 Dec 2000

    Political agreement was reached yesterday by the EU's Council of Ministers on a new regulation to establish a European Company Statute. If the European Parliament endorses the texts agreed by the Council, the new European Company should reduce the costs...

  • Nasdaq slumps to 21-month low

    21 Dec 2000

    US technology stocks have fallen in value to their lowest level since March 1999. New York’s Nasdaq stock market yesterday fell 7% to 2,332.8, down 53% or $3,312 billion from its high on 10th March 2000.

  • 50 suspended for e-mail abuse

    21 Dec 2000

    A lawyer whose lewd e-mail exchange was forwarded to around one million people has been allowed to keep his job following a disciplinary hearing. However, 50 staff have been suspended at other organisations for breaching e-mail policies.

  • German authorities want to stop Nazi music on Napster

    21 Dec 2000

    The internal security agency of Germany has asked the media company Bertelsmann to help stop Napster being used for the exchange of pro-Nazi music in MP3 files. Bertelsmann recently entered into a deal with Napster which could settle legal disputes between...

  • Singapore aims to become a cashless society

    20 Dec 2000

    Singapore has embraced electronic money and intends to become the first cashless society in the world. The Board of Commissioners of Currency Singapore (BCCS) that controls currency issues has said that the timing will in part depend on public acceptance,...

  • On-line financial services struggle to win consumer acceptance

    20 Dec 2000

    Most internet-based financial services have yet to win acceptance among consumers, according to a study released today by a management consultancy which is warning companies about the risks of on-line business strategies in the brokerage, banking, and...

  • Breathe suffocates

    20 Dec 2000

    Breathe, the fourth largest ISP in the UK has gone into liquidation with estimated losses of between £26 and £50 million, having been unable to find extra funding needed to keep the company afloat. The administrators, PricewaterhouseCoopers,...

  • Is Iraq really playing war games with the PlayStation 2?

    20 Dec 2000

    A leaked US Defence Intelligence Agency (DIA) report suggests that Iraq is importing thousands of powerful Sony PlayStation2 consoles to build military computers. However, the report has already been dismissed in the UK as nonsense, despite pending investigations...

  • Censorship at libraries faces challenge

    19 Dec 2000

    A US federal law was passed on Friday that seeks to censor offensive materials from minors and will require public libraries to install software that blocks pornography from their computers. However, the law is being challenged by privacy organisation...

  • Microsoft calls for investigation

    19 Dec 2000

    Microsoft is calling for US regulators to investigate the dominance by AOL of the internet instant messaging market. It follows the decision by the US Federal Trade Commission to clear the merger of AOL and Time Warner subject to certain conditions.