White House proposes liberalized rules for export sales of encryption software

Article Abstract:

The Clinton administration has acquiesced to the technology sector and will change laws that allow encryption technology to be sold without a license to foreign corporations. The industry beef was that they wanted to make sales to companies tied to foreign governments. Rules on publishing encryption research were also removed. The laws still require licenses to sell directly to foreign governments. Privacy advocates were also happy with the new rules.

author: Simpson, Glenn R.
Publisher: Dow Jones & Company, Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
Government regulation, Radio & TV communications equipment, Encryption/Decryption Equip, Other Communications Equipment Manufacturing, Laws, regulations and rules, Data encryption, International trade, Clinton, Bill, Exports, Government trade agreement and tariff regulation, Economic policy, Cryptographic equipment

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Cisco and ex-customers engage in seamy dispute

Article Abstract:

. Cisco Systems Inc. is tangled in a legal dispute with two former customers who allege that Cisco salesmen were engaged in extortion, conflicts of interest and making death threats. Two companies set up by former Cisco salesmen, Kevin Bennett and Vincent Rotondo, allegedly received $2.5 million apiece last year in 'distributions' from Worldwide Web Systems Inc. Cisco alleges that the funds have to do with a big sale of equipment to a third firm, American MetroComm Inc., arranged in part by Mr. Bennett and Mr. Rotondo, and financed with loans from Cisco Capital. It is alleged that each time Cisco Capital made a big loan to American MetroComm, within a few days, Worldwide Web Systems made a big 'distribution' to Mr. Bennett, Mr. Rotondo and other shareholders. Worldwide owner Frank Valdez alleges that when, in 1999, he tried to terminate the arrangement, the two threatened him and his family with physical violence. Cisco has filed suit against Worldwide and MetroComm, seeking repayment of the loans, and has filed arbitration claims against Mr. Bennett and Mr. Rotondo.

author: Simpson, Glenn R.
Publisher: Dow Jones & Company, Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
Data Communications Equip, Computer network equipment industry, Network hardware industry, Cases, Data communications equipment, Cisco Systems Inc., CSCO, Extortion, Worldwide Web Systems Inc., American MetroComm Inc.

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Net2Phone shifts to marketing software

Article Abstract:

Concluding that the Internet long-distance calling business is too crowded and unprofitable, Net2Phone Inc. is switching business lines, and will offer telephone network management software for large long-distance phone carriers like AT&T, which will be its first customer.

author: Rewick, Jennifer
Publisher: Dow Jones & Company, Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 2000
Telegraph & other communications, Telephone Management Systems, Management, Services, Internet service providers, Equipment and supplies, Computer-telephone integration, Computer telephony, Telecommunications equipment industry, Net2Phone Inc., Telephone management software, Telephone management device

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subjects list: United States, Computer software industry, Software industry, Software, Telecommunications services industry, Telecommunications industry
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