YAHOO! INTRODUCES FREE VOICE SERVICES
Yahoo! will use Net2Phone's Voice over IP network for a suite of free voice services, including telephone access to popular Yahoo! content and e-mail; free voicemail via a 10-digit mailbox number; and free PC-to-phone calling via Yahoo! Messenger.  Text-to-speech technology for the services is provided by SpeechWorks.
http://docs.yahoo.com/docs/pr/release624.html
Yahoo!, October 10, 2000

• Microsoft already integrates Net2Phone's PC-based client software into its MSN Messenger Service 3.0, a free Internet messaging client.  The service includes a new "Call" button that allows users to place PC-to-PC or PC-to-phone calls to any of their online buddies.  
  

• In August, AT&T invested $1.4 billion in Net2Phone, acquiring a 39% voting stake and a 32% economic stake.

YAHOO! REPORTS 185 MILLION USERS, TRAFFIC UP 15% OVER JUNE
Yahoo! reported cumulative registrations for member services grew to a record 185 million, up from 155 million in June.  Overall Yahoo! traffic increased to 780 million page views per day on average during September, compared to an average of 680 million page views per day in June 2000. Yahoo! Japan's traffic, which is included in these page view totals, increased to more than 112 million page views per day during September from more than 85 million per day in June 2000.  Yahoo! Europe's traffic, also included in total page views, reached 41 million page views per day on average in September.

• Yahoo!'s communication platform delivered 6.1 billion messages on Yahoo! Mail, Yahoo! Messenger and eGroups in September, up from 4.4 billion in June.
  

• Voice minutes spent by individuals on Yahoo!'s Chat services doubled to one billion total minutes during September, up from 500 million in June.
  

• Yahoo! hosted and distributed more than 15 million hours of streamed audio and video programming during the month of September, up from 13 million in June.  http://docs.yahoo.com/docs/pr/3q00pr.html
  Yahoo!, October 10, 2000
  

• Separately, Yahoo! appointed Edward R. Kozel to its Board of Directors.  Kozel is currently a managing partner of Open Range Ventures and a member of the Board of Directors of Cisco Systems, where he worked for 11 years in a variety of roles, including chief technology officer and senior vice president of business development.  While at Cisco, Kozel was responsible for more than 22 technology acquisitions and 25 minority investments.

OPTICAL INTERNETWORKING FORUM COMPLETES FIRST 10GBPS SPECIFICATIONS
The Optical Internetworking Forum approved three optical networking specifications, including the first for interfaces within routers operating in 10 Gbps applications.  The approved documents include:

• a recommended interface based on the SATURN Development Group's "POS-PHY 3" specification for the interconnection of OC-48 Physical Layer (PHY) devices to Link Layer devices.
  

• a high-speed packet interface specification for the interconnection of Physical Layer (PHY) devices and Link Layer devices supporting packet and cell transfer over OC-192 SONET/SDH, as well as 10 Gbps Ethernet applications.
  

• a recommended electrical interface specification for the transfer of data between STS-192/STM-64 framers and a Serializer/Deserializer device.

The specifications were developed by the OIF's Physical and Link Layer Working Group.
http://www.oiforum.com/public/technical.html
OIF, October 10, 2000

• The mission of the Optical Internetworking Forum (OIF) is to foster the development and deployment of interoperable products and services for data switching and routing using optical networking technologies.  Over 240 member companies have joined the group since its founding in 1998.  http://www.oiforum.com
  

• In September, the IEEE P802.3ae (10 Gigabit Ethernet) Task Force completed the first draft of the 10 Gigabit Ethernet specification. http://www.10gea.org.
   

• In September, The ATM Forum Technical Committee approved its UTOPIA Level 4 frame-based interface specification, raising the speed of the fastest ATM interface from 2.4 Gbps to 10 Gbps.  http://www.atmforum.com

GTS, COMPAQ AND MICROSOFT LAUNCH EUROPEAN STREAMING MEDIA SERVICE
Global TeleSystems (GTS), Compaq and Microsoft launched a commercial media streaming service for European media and entertainment businesses.  The service provides encoding, asset management, digital rights management, scheduling, publishing management and IT consulting services.  The GTS Ebone network currently reaches 14 on-Net countries and 38 European cities.  http://www.gtsgroup.com/
GTS, October 10, 2000

METROMEDIA FIBER TO ACQUIRE SITESMITH FOR OUTSOURCED WEB DESIGN SERVICES
Metromedia Fiber Network (MFN) agreed to acquire SiteSmith, a provider of Internet infrastructure management services, for $1.36 billion in stock (Oct 9 prices). SiteSmith provides corporate customers with outsourced Web design, hardware and software installation, co-location and management services. MFN's AboveNet Communications subsidiary operates Internet data centers.  http://www.mmfn.com  http://www.sitesmith.com/
MFN, October 10, 2000

CACHEFLOW TO ACQUIRE ENTERA FOR ITS STREAMING CONTENT DISTRIBUTION
CacheFlow agreed to acquire Entera, a start-up developing streaming content distribution technologies, for approximately $440 million in stock.  Entera's caching servers dynamically replicate active Internet content and standard web content from its origin source, moving it closer to its requestors.  CacheFlow will integrate Entera's technology into its own line of caching appliances. http://www.cacheflow.com/news/press/2000/entera.cfm
CacheFlow, October 10, 2000

• Entera's software caches multiple protocols including QuickTime RTSP/RTP, RealNetworks RTSP/RDT, and HTTP.  The company was founded in 1997 and is based in Fremont, California.

ONEPATH NETWORKS SECURES $40 MILLION FOR ITS FTTH ARCHITECTURE
OnePath Networks, a start-up based in Princeton, New Jersey, secured $40 million in its latest round of financing.  The company is developing optical access solutions for delivering high-speed data (10 Mbps) as well as CATV and DBS entertainment video into a home.  Investors include Aurum-SBC Investments, Patricof & Co. Ventures and Geneva Merchant Banking Partners, CIBC World Markets, Israel Seed and Apax Partners (Israel).  http://www.onepathnet.com
OnePath Networks, October 10, 2000

• OnePath (formerly known as Foxcom) is pursuing a Passive Optical Network (PON) system architecture that would allow the ability to add or drop services dynamically.  The company has its R&D operations in Jerusalem, Israel. 

TRUESAN OUTLINES MASSIVELY SCALABLE, MODULAR STORAGE ARCHITECTURE
TrueSAN, a start-up based in San Jose, California, introduced its Paladin Storage Network System Architecture designed for massive scalability.   The architecture features a distributed and parallel design capable of delivering up to 128GB/sec of non-blocking bandwidth, 32GB of cache, and up to 50TB of storage capacity on a single system.  TrueSAN will use a pool of high-performance Fibre Channel disk storage modules with embedded hardware RAID functionality interconnected through a MetaFabric subsystem. The platform will incorporate storage virtualization, snapshot copy, and active resource management as standard features.  Outgoing connections will include Fibre Channel, ATM and WDM optical.  http://www.truesan.com/
TrueSAN, October 10, 2000

QUSION TECHNOLOGIES TARGETS INTEGRATED OPTICAL DEVICES
Qusion Technologies, a start-up based in Princeton, New Jersey, announced its entrance into the market for integrated optical modules.  The company is developing manufacturing techniques and materials to integrate multiple components into a single photonic circuit.  Qusion's first product will incorporated optical switches and modulators.  http://www.qusiontech.com
Qusion Technologies , October 10, 2000

INTEL INVESTS IN ACCORDION NETWORKS FOR ITS MTU SERVICE DELIVERY PLATFORM
The Intel Communications Fund made an undisclosed equity investment in Accordion Networks, a start-up based in Newark, California.  Accordion is developing a service delivery platform that will inter-operate with a variety of access technologies including xDSL, Broadband, Wireless, Metro DWDM, and cable modem. The platform will use the Intel Internet Exchange Architecture (IXA).   http://www.accordionnet.com
Accordion Networks, October 10, 2000

BROADBAND USERS IN SINGAPORE REACH 250K
Singapore now has more than 250,000 broadband Internet users, according to recent reports by the Infocomm Development Authority of Singapore (iDA).  Redback Networks said Singapore Telecom is deploying its Subscriber Management System at multiple exchanges island-wide to manage large numbers of users and to deliver access bandwidth to multiple service providers for resale.  http://www.redback.com/
Redback Networks, October 10, 2000

• The Infocomm Development Authority of Singapore announcement :
  http://www.ida.gov.sg/Website/IDAhome.nsf/Home?OpenForm

NEC INTRODUCES NEW IP TELEPHONY EXCHANGE PLATFORM
NEC America will introduce an IP eXchange (IPX) telecommunications platform designed to support existing PBX functions as well as IP telephony.  The NEAX 2400 IPX supports IP on both the trunk and station side, using traditional switching methodologies to provide and enhance the features and functionality offered by previous generations of NEC PBXs. http://www.cng.nec.com
NEC America, October 10, 2000

2WIRE SIGNS RESIDENTIAL GATEWAY AGREEMENT WITH DELL, FLASHCOM
2Wire announced an exclusive PC OEM relationship with Dell covering its HomePortal 100 and HomePortal 1500 residential gateways.  The HomePortal 1500 features an ADSL modem, HomePNA, USB, an Ethernet, router, firewall and value-added software.  Separately, Flashcom, a leading DSL service provider, agreed to distribute 2Wire's gateways to residential customers.  http://www.2Wire.com
2Wire, October 10, 2000

LUCENT TO MISS REVENUE TARGETS AGAIN
Lucent Technologies expects earnings for its fourth fiscal quarter of 2000 to be lower than expectations and in the range of $0.17 to $0.18 cents per share. The company expects revenues from continuing operations in the range of $9.3 billion to $9.4 billion for the quarter, a 14 percent to 15 percent increase over last year.  Lucent attributed the shortfall to lower than expected revenues and gross margins in its optical systems business; credit concerns and bad debt in the emerging service provider market; and greater than anticipated decline in circuit switching sales and margins (now at 39% to 40%).
http://www.lucent.com/press/1000/001010.coa.html
Lucent Technologies, October 10, 2000