Intuit Inc. has halted development of new Macintosh versions of Quicken, the premier personal finance software, because of declining sales and shifting resources to the Internet. Although Intuit owns 98 percent of the personal finance software market for the Mac, it accounts for only about 4 percent of Quicken sales, said Chris Le Tocq, senior analyst with Dataquest. About 11 percent of Intuit's total sales are of Mac products, he said. Bill Campbell, Intuit's chief executive officer, said while there would be no Quicken 99, Intuit had not ruled out a future version if Apple Computer Inc.'s Mac sales improved. "We are superoptimistic about Apple and its opportunities," said Campbell, an Apple board member.
Chip quintuples supercomputer speed
ARMONK, N.Y. _ International Business Machines Corp. said it has developed a new microprocessor that will make its supercomputers five times as powerful as Deep Blue, the machine that beat chess champion Garry Kasparov. The new microprocessor runs at 332 megahertz, making it the fastest chip available on the RS/6000 SP. If put into the system that powered Deep Blue, the processor would boost calculating power to 1-billion chess moves per second from 200-million. IBM expects to sell the chip in machines used for electronic commerce, computer-aided design and scientific analysis.
Ruling declares "cyber piracy' illegal
SAN FRANCISCO _ "Cyber piracy" _ registering a company's name as your own Internet domain name, then trying to sell it back to the company _ violates trademark laws, a federal appeals court ruled. The 9th U.S. Circuit Court of Appeals upheld a lower-court order against an Illinois man who registered an Internet Web site as "panavision.com," then offered to relinquish it to Panavision International, a California movie camera equipment company, for $13,000.
Netscape adds free e-mail to site
MOUNTAIN VIEW, Calif. _ Netscape Communications Corp., in the process of renegotiating the fees that search engines pay to be displayed on its high-traffic Web site, is adding free e-mail and other features to make it more competitive with some of its own customers. As part of the 60-day plan, Netscape will offer free e-mail service easily accessible on the front page of its site under an agreement with Internet mail provider USA.net. Financial details of the deal were not disclosed. Netscape's new service, called WebMail, will include other features, such as spell-checking and a personalized in-box displaying a summary of recent messages. Netscape will redesign its home page and add new features, including a Netscape-brand search engine that is being created with or licensed from an as-yet undisclosed partner.
Official: Put poor schools first
WASHINGTON _ The nation's poorest schools and libraries should be the first to get cheap hookups to the Internet, the nation's top telecommunications regulator says. Federal Communications Commission Chairman Bill Kennard expressed his interest in changing the current process, a move that comes in response to pressure from Congress. As it stands, the discounts, to be given out soon, would go to qualified schools and libraries on a first-come, first-served basis. But schools and libraries that filed applications for discounts during a 75-day period that ended April 15 would be treated as though they filed at the same time, FCC officials said.
_ Compiled from Times wires