People will always remember what they were doing when news broke of
the September terrorist attacks in the US, but 2001 is memorable in
other ways too. Karl Cushing reports on the key events of a
turbulent opening to the new century
January
IT NEWS: E-tailer Letsbuyit.com and Belgian speech recognition
software firm L&H were early casualties, while Apple slashed
prices on its top-end desktops in an effort to revive flagging
sales and clear stock. Andrew Pinder was confirmed as the new
e-envoy.
GENERAL NEWS: On 26 January, India was hit by the worst
earthquake in its history, measuring 7.9 on the Richter
scale.
FebruaryIT NEWS: Intel and Motorola announced 5,000 and 7,000 UK
redundancies, fuelling fears that the US slowdown would spread to
the UK. The spread of the Kournikova virus was fuelled by users'
seeming inability to turn down the chance to access a free shot of
the tennis-playing temptress.
GENERAL NEWS: Israelis elected hardliner Ariel Sharon as
their new prime minister reducing the chances of long-term peace in
the region.
MarchIT NEWS: Technology stocks bore the brunt of the worldwide
share collapse. The London Stock Exchange fell to its lowest level
since 1997 and the Nasdaq fell through its 2,000 mark. Network
giant Cisco announced 8,000 job cuts.
GENERAL NEWS: A US spy plane made an emergency landing on
Chinese territory after it was damaged in a collision with a
Chinese jet sent to intercept it, kicking off a full-blown
international crisis.
AprilIT NEWS: Cisco Systems wrote off a $2.5bn (£1.7bn) inventory
surplus in its company figures. The Isle of Man's telephone company
Manx Telecom took delivery of the first 3G handset to arrive in
Europe.
GENERAL NEWS: Sophie countess of Wessex and her partner in
the PR company R-JH, Murray Harkin, were caught out by the News of
The World in the "fake sheikh" sting set up to show that the
countess was using her royal connections to drum up business.
Former Serb leader Slobodan Milosevic was arrested for war
crimes.
MayIT NEWS: Microsoft's decision to move to subscription
licensing for software led to alarm at likely cost hikes and
accusations that the company was abusing its market dominance. The
SSP/Computer Weekly recruitment survey showed a fall of 40% in the
number of IT jobs advertised.
GENERAL NEWS: Anti-capitalist protests in London centred on
a theme of monopoly and were less riotous than in previous years.
The Italian general election saw media-magnate Silvio Berlusconi
returned to power, in spite of allegations of corruption that
dogged him throughout the campaign.
JuneIT NEWS: A judge in the US Court of Appeals overturned an
earlier ruling that had called for Microsoft to be split up into
two companies - one selling operating systems and the other selling
applications and services. The UK Government appointed a new
e-minister, Douglas Alexander.
GENERAL NEWS: Labour won the general election which had been
delayed during the foot and mouth epidemic. Ulster Unionist leader
David Trimble resigned as first minister of the power-sharing
Northern Ireland executive in protest at the IRA's failure to put
its weapons "completely and verifiably beyond use". Nepal was
thrown into chaos after crown prince Dipendra massacred most of the
royal family, also killing himself.
JulyIT NEWS: Analyst Richard Holway predicted that the UK IT
services and software sector could make a collective loss for the
first time ever as a result of the slowdown in IT spending. Teenage
hacker Raphael Gray, who stole thousands of credit card details
from Web sites which he later posted on the Internet, was sentenced
to three years' probation and put on a course of psychiatric
treatment by Swansea Crown Court.
GENERAL NEWS: Millionaire peer Jeffrey Archer was convicted
of perjury and perverting the course of justice and jailed for four
years. London mayor Ken Livingstone lost a court battle to block
Government plans to set up a private-public partnership to run
London Underground.
AugustIT NEWS: The Code Red virus, first reported on 12 July,
reappeared - the new variant still exploiting vulnerabilities in
Microsoft Internet Information Server versions 4.0 and 5.0 but
spreading faster and depositing a trojan allowing hackers to
control of systems. The demand for IT professionals hit its lowest
level since the last recession in the early 1990s. The Computer
Weekly/SSP jobs survey showed the number of IT jobs advertised in
the press in the second quarter below 15,000 for the first time.
GENERAL NEWS: A car bomb, believed to have been planted by
the Real IRA, exploded in west London. UN troops were posted to
Macedonia to reinforce the latest cease-fire work and end six
months of conflict. Australia came under pressure to accept a ship
carrying refugees.
SeptemberIT NEWS: Computer Weekly celebrated its 35th anniversary.
The Nimda virus caused havoc in Microsoft systems. The virus spread
by e-mailing itself to all of the addresses in a user's address
book, searching caches for others and even travelling via shared
networks. Users accessing infected Web sites could also be infected
if they had not patched their browsers. Meanwhile, news of the
proposed merger between Hewlett-Packard and Compaq to create a
giant to rival IBM received a lukewarm reception.
GENERAL NEWS: Terrorists destroyed the World Trade Center
killing over 6,000 people on 11 September. Images of two airliners
crashing into the twin towers and ash-covered New Yorkers filled TV
screens and newspapers around the globe. Planes also hit the
Pentagon in Washington. In the UK, Duncan Smith became the new Tory
leader.
OctoberIT NEWS: A busy month for Microsoft: the latest Pocket PC
handheld operating system, the Pocket PC 2002, was hailed for its
corporate potential. Its new operating system, Windows XP, received
a more lukewarm reception, however. Despite claims of record sales,
the reality was different - although the pirated versions which
flooded the Asian market, selling for the price of a pint, did
prove popular.
GENERAL NEWS: Anthrax spores were sent to US media offices
via the postal network. Similar alerts occurred in the UK where
several buildings were evacuated after suspicious white powder was
found.
NovemberIT NEWS: The 50th anniversary of the first business
application to be run "live" on the Lyons Electronic Office system
was marked. Cable & Wireless pulled the plug on its A-Services
ASP partnership plans with Compaq and Microsoft. In a Computer
Weekly/Harvey Nash Big Question, 68% of IT professionals said they
would sit tight to weather the storm next year instead of changing
jobs.
GENERAL NEWS: The conflict in Afghanistan and the campaign
to oust the Taliban dominated the news. Opposition forces swept
south, seized Kabul and by the end of the month had the Taliban
pinned down in Kandahar.
DecemberIT NEWS: IT directors around the world turned their
attention to writing acronym-ridden Christmas wish lists and
enjoying lengthy lunches. Considering the trials and tribulations
of the year this was probably not such a bad idea.
GENERAL NEWS: The crisis in the Middle East worsened
following a spate of suicide bomb attacks and swift Israeli
retaliation. Energy giant Enron became the biggest corporate
failure in US history.