A Week in Tech summarises the major stories in technology and is broken down by country and sector.
A week in Japanese tech
- Nippon Telegraph and Telephone Corp. will lower capital spending by Y400 billion $3.1 billion to Y2.2 trillion $16.9 billion from fiscal 2001 to fiscal 2004. It intends to reduce debt by Y1.3 trillion yen $10 billion to Y6.4 trillion $49.1 billion and will cut 17,000 jobs, or 7.8% of its work force. NTTC is also considering a share buy-back for the first time. NTTC plans to strengthen its broadband businesses, and expand the areas offering fiber-optic communications services for households. ISP services currently offered separately by group firms will be...