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Digex Shrinks Staff, European Operations
Thursday, August 29, 2002
Digex Inc., a Laurel-based Web hosting company, pared its international workforce this month and consolidated its data-center operations in Europe, pulling out of facilities it leased from bankrupt WorldCom Inc., as part of its cost-cutting efforts.
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Judge Approves XO Restructuring Plan
Tuesday, August 27, 2002
A bankruptcy judge approved a plan for Reston-based telecommunications firm XO Communications Inc. to reorganize and emerge from Chapter 11 bankruptcy with $800 million in new funding from Forstmann Little & Co. and Telefonos de Mexico, despite second thoughts from those firms.
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Study Predicts Internet Hosting Companies Targeting SMBs, Web Services to Brighten
Wednesday, August 14, 2002
Study Predicts Internet Hosting Companies Targeting SMBs, Web Services to Brighten, Grow Weak U.S. Economy
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