14:49 ET INDIAN GOVT WITHDRAWS STATEMENT ON ACTION AGAINST MICROSOFT
NEW DELHI, Aug 14, 2000 (AsiaPulse via COMTEX) -- In a curious development, the
overnment withdrew a statement on action against global software giant Microsoft
for alleged unfair trade practices in India, a charge contested by the company.
A late evening official release issued by Press Information Bureau (PIB)
Saturday said "the handout titled Microsoft Corporation (India) faces charges of
Monopolistic and Restrictive Trade Practices Commission (MRTPC) issued earlier
today (on Friday) is hereby withdrawn as cancelled".
"The inconvenience caused is regretted", the release said hours after Microsoft
representatives and its lawyers met the Director General of Investigations and
Registration (DGIR) of MRTPC and contested a charge that the software giant was
facing charges of the Commission.
Earlier in the day a PIB release had said that DGIR of MRTPC has recommended
action against Microsoft Corporation (India) following a preliminary
The release did not name the complainant, who had made allegations of
restrictive trade practises against the company.
Meanwhile, the DGIR in its monthly report for July had informed Law Ministry
that its investigation revealed that the Indian company did not enter into any
agreement with the buyers of the software and imposed restrictions in terms of
End User Licence Agreement (EULA).
"The software products of the US company had been pleaded as `intellectual
properties' and not the products simplicitor," the PIB release in the morning
Microsoft in a statement said the PIB story was factually incorrect.
It said a company delegation in the afternoon met the DGIR who was quoted as
saying that the report of his recommending action by MRTPC against Microsoft
Corp India was "false and factually incorrect".
The controversy had broken out significantly ahead of Microsoft chief Bill
Gates' visit to India in September.
(C) 2000 Asia Pulse Pte Ltd
INDUSTRY KEYWORD: Computers/IT
Regulations / Law
17:19 ET WRAP: BROADCOM TO BUY NEWPORT COMMUNICATIONS FOR $1.24 BILLION
By BridgeNews New York--Aug. 14--Broadcom Corporation, the provider of
integrated circuits enabling high speed broadband communications, said Monday it
has agreed to buy optical communications chip maker NewPort Communications Inc.
in a stock deal worth $1.24 billion, extending Broadcom's reach in the
17:19 ET AMD UNDERCUTS INTEL WITH LATEST CHIP PRICES
Aug 14, 2000 (Tech Web - CMP via COMTEX) -- Advanced Micro Devices Inc. finally
agreed to reduce the price of its 1-GHz Athlon microprocessors, introducing its
1.1-GHz Athlon in the process.
17:19 ET NO STRIDES IN VERIZON STRIKE
New York, Aug 14, 2000 (123Jump via COMTEX) -- As communications company
Verizon (NYSE:VZ) enters its ninth day of strikes, union leaders claim
negotiations are regressing due to Verizon's most recent proposals that union
workers say do not address many key issues that affect Verizon employees.
17:19 ET IBM ADDS LINUX TO THIN-CLIENT COMPUTERS
Aug 14, 2000 (Tech Web - CMP via COMTEX) -- IBM, which recently announced that
it wants to make Linux available throughout its products, has taken the first
steps closer to meeting its goal.
17:19 ET TAIWAN'S CHIP-DESIGN HOUSES SET UP SHOP IN JAPAN
Aug 14, 2000 (Tech Web - CMP via COMTEX) -- HSINCHU, Taiwan -- Faraday
Technology Corp. and two other Taiwanese chip-design houses are planning to
establish offices in Japan to garner business from the world's second-largest
semiconductor manufacturing market.
14:49 ET CA'S FATE RESTS IN KUMAR'S HANDS
Aug 14, 2000 (Tech Web - CMP via COMTEX) -- Computer Associates president and
chief operating officer Sanjay Kumar sensed this meeting was unlike any of the
regular breakfast or lunch meetings he had held over the years with CA founder,
chairman, and CEO Charles Wang.
14:49 ET CHINA TO FOCUS ON SOFTWARE INDUSTRY DEVELOPMENT
BEIJING, Aug 14, 2000 (AsiaPulse via COMTEX) -- China will take measures to
accelerate the development of its software industry over the next five years,
said an official of the Ministry of Science and Technology.