eDivision launches radio bid site
The world’s first online exchange for radio frequency spectrum rights was launched last week by the eDivision e-commerce incubator of Australia’s Macquarie Bank Ltd. Operating initially in the Australian market, the Spectrum Desk Web site will accommodate auctions between anonymous buyers and sellers, charging brokerage fees based on the value of completed transactions.
Divorce for Blockbuster, Enron
Blockbuster and Enron Broadband Services terminated the 20-year deal they announced last year to deliver on demand movies to TV sets over high-speed Internet connections. They say they plan to seek similar deals with other partners.
Motorola trimming 7,000 jobs
Motorola will ax 7,000 more jobs from its personal communications sector (wireless hand-held devices), bringing the total number of planned cuts to the sector to 12,000 since December. Last month, the company also announced it was eliminating 4,000 jobs from its semiconductor business.