Last updated:Thursday, March 27, 1997, 8:30 a.m.
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Biggest story of the day: That would be Oracle chief Larry Ellison calling for buyout of Apple Computer and canning the current executives and board of directors.

Apple PowerBook price cuts of $300 to $500 are planned. But hey -- spending on notebooks is up sharply.

A "smart card" alliance between IBM, Netscape, Oracle, Sun and Network Computers Inc. should make it easier to access networks.

An information technology trade pact was signed yesterday by 39 countries. They agreed to scrap tariffs and other duties that restrict trade.

Intel increases the amount of share of its own stock that it will attempt to buy back, to 140 million shares.

First rural America, now the Net: Wal-Mart plans a big expansion of its Internet shopping operations, doubling the number of items that are available.

Information wants to be free...: The U.S. suffered a defeat in its efforts to get other nations to adopt encryption restriction which would allow computer eavesdropping.

...but everyone wants to control it: It's an infowar out there, with hackers trying to break in and institutions like, oh, the Federal Reserve Bank, insisting on impenetrability.

Anyone who's ever read a story to a kid -- over and over and over again -- will grasp the potential for Disney's site for kids. It's in beta testing, but the little nippers have to have Win95, a Pentium processor and 16 megs of RAM.

Rockwell's 56K modems are having some chipset problems, thus delaying shipments. Meanwhile, U.S. Robotics' 56K modems are already in stores.

Design plagiarism is always a risk in cyberspace but you'd think that the pros would have a little self respect.

The "capitalist tool" magazine (that's not commentary, that's their motto) reports that Texas Instruments is poised for a comeback.

InterNIC has put hundreds of active domain names on hold in the past week, infuriating ISPs and disrupting personal accounts.

Database support for Java is coming next week as Oracle, IBM and Tandem team up on the release of the J/SQL specification, as well as detail plans on how the technology provides a high-level interface for easier creation of Java database applications.

21 million online subscribers in the past year, an industry newsletter reports. Much of the gain is attributed to migration from proprietary services to the web.

From Mercury Center:

Oracle CEO hatches plan to "save Apple"
Net phrasemakers seek metaphors
Computer deployment in schools is a tough assignment
3Com plans big expansion
48 female Silicon Valley execs honored