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Wednesday November 27 1:59 PM EST
Reuters Technology Summary
Filmmakers Object To Digital TV Accord -
A group representing hundreds of filmmakers has sent a letter to
Federal Trade Commissioner Susan Ness objecting to an agreement in
principle on a broadcast standard for a new generation of
high-definition digital TV. The Coalition of Film Makers says it is
dismayed that the accord did not provide for transmission in the
digital world of the original aspect ration of motion pictures.
U.S. Durable Goods Orders Edge Up In October -
The Commerce Department says a surge in demand for electronic
equipment boosted orders for costly manufactured items in October,
offsetting widespread weakness in orders for most other goods. Total
new orders gained 0.1 percent last month. The slim rise was contrary
to Wall Street economists' forecasts for a 2 percent drop in October
orders and was entirely due to a record jump in orders for electronic
and communications equipment.
TI, Samsung Set $1 Billion Pact -
Texas Instruments says it has set a licensing pact with Samsung
Electronics of Korea that will generate royalty payments of more than
$1 billion over 10 years. In exchanged, each side has agreed to drop
pending patent infringement lawsuits against each other. Texas
Instruments, the Dallas-based maker of computer chips, notebook
computer and other electronic products, says the agreement replaces a
previous five-year deal that expired at the end of 1995.
APEC: Triumph For Asian Way -
Despite President Clinton's direct personal lobbying efforts,
leaders of the Asia-Pacific Economic Cooperation forum failed to
deliver unequivocal endorsement of a U.S. proposal for a united APEC
front in information technology products. While the 18 leaders agreed
to back efforts to achieve tariff-freed trade in computer and
software by 2000 at the World Trade Organization, they also ensured
they had a get-out clause by emphasizing the need for "flexibility."
Bell To Buy Milgray -
Bell Industries says it will acquire Milgray Electronics, another
distributor of electronic components, for about $100 million. Under
the agreement, Bell will launch a cash tender offer of $14.77 a share
for Milgray's stock within five business days. Bell says it will
retain Milgray's management team and selling organization, and the
electronics distribution organizations of both companies will
continue to operate independently until the merger is completed in
early 1997.
BellSouth Gets Atlanta Cable Franchise -
The Atlanta Journal Constitution reports that BellSouth has won a
15-year cable television franchise for DeKalb County, one of the more
populous communities of the metropolitan Atlanta area. The franchise,
which sets the stage for a battle with cable TV operators MediaOne
and Scripps-Howard, was approved unanimously by the DeKalb County
commission. The BellSouth franchise would cover an area with a
population of 500,000.
IBM Wins Incentives For Thai Plants -
Thailand's Board of Investment says it has decided to grant tax
incentives to IBM to invest over 14 billion baht ($560 million) in to
hard disk drive plants. BoI deputy secretary general Chackchai
Panichapat told reporters he expects the planned IBM plants, in
eastern Thailand, to start production in late 1997.
U.S. Robotics Launches Mac Pilot -
U.S. Robotics is launching its Pilot Macintosh desktop software
and connectivity pack, enabling users of the organizer to connect
with either Macintosh or Windows computers. Pilot is a handheld
computer designed to work as a companion to a desktop or laptop
computer, helping users manage schedules and personal information
when they do not have access to their principal computer.
Microsoft Launches China Server Software -
Microsoft says it is launching a Chinese version of its messaging
system Exchange Server 4.0. Microsoft began shipping the messaging
platform in the U.S. in April. The software provides direct and
secure access to the Internet, enabling corporate workgroups to share
electronic mail, databases and documents. In a statement, Far East
corporate vice president Charles Stevens said the U.S. software giant
aims to develop simultaneous Chinese versions of all of its products.
Novell Not For Sale -
Novell Chief Financial Officer Jim Tolonen says the giant
software company is not for sale and sees its future course as an
independent one. Tolonen says Novell chairman John Young told
analysts immediately following the company's release of fourth
quarter earnings that Novell believes the best way to provide value
for customers and shareholders is to follow an independent course.
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