10-4-95. W$Japer: "MasterCard, Backed by IBM and Others, Enters Fight for Internet-Payment Rules." MasterCard said it entered into a collaborative effort with IBM, Netscape, CyberCash and GTE to release a draft of technical requirements for any software companies and financial institutions that want to develop programs for electronic commerce. "Lockheed Plans Satellite System For $4 Billion." Lockheed Martin proposed to build a $4 billion satellite system for two-way global computer networking, videoconferencing and other on-demand services in a challenge to plans by the Hughes unit of GM and the separate Teledesic venture. Lockheed disclosed that it has filed for FCC authority to place nine large satellites in high-altitude orbits by about the year 2000 to form a new system called Astrolink for high-data-rate transmissions. "Morgan Stanley Puts $200 Million In Telecom Venture." In an effort to ride the global telecommunications boom, Morgan Stanley Capital Partners is investing $200 million in Sita Group in a move to allow the world-wide airline cooperative to create a for-profit telecommunications unit. Trinity: FIZ_zle (11 kb)