Hewlett-Packard and Compaq will slash a combined total of 15,000 jobs as part of the planned US$25 billion merger of the two companies, officials said Tuesday morning in a conference with analysts.
Struggling At Home Corp., best known for its Excite@Home brand, suffered its second major setback this week as cable system owners Cox Communications Inc. and Comcast Cable Communications Inc. notified the company that they will terminate their distribution agreements, effective June 4, 2002.
Computer Associates International (CA) shareholders rebuffed Sam Wyly's dramatic bid to shake up the company's board of directors, with more than 75 percent voting to retain the 10 incumbent board members in Wednesday's preliminary vote tabulation. Formal certified election results will be available within the next few weeks, according to CA.
Palm Inc.'s long-awaited new wireless handheld moved one step closer to the market Monday, as the company received regulatory approval for the device.
Until last week, it seemed that Computer Associates International (CA) shareholder Sam Wyly faced impossibly long odds in his battle to shake up the company's board of directors. Analysts said his attempt to oust CA's entire board and install 10 nominees of his own choosing was almost certain to end in failure; a pair of influential investor advisory firms recommended against supporting Wyly's planned coup.
Novell Inc. unveiled a pair of new offerings this week: a software bundle designed to streamline the administration of enterprise applications, and a service and software package for managing employee identity and data-access profiles.
Ailing broadband service provider/portal At Home Corp. (best known for its Excite@Home brand) may not last out the year, the company's auditors said Monday in a report filed with the Securities and Exchange Commission.
America Online Inc. (AOL) named its first instant messaging system interoperability test partner Tuesday: IBM Corp. subsidiary Lotus Development Corp. The two companies said they will begin a trial testing communication between their messaging systems, AOL Instant Messenger (AIM) and Lotus Sametime.
IBM Corp. is merging Lotus Development Corp.'s K-station enterprise portal builder with its WebSphere Portal Sever, the company said Tuesday. IBM is the parent company of Lotus.
The worldwide labor costs associated with cleaning up the Code Red worm and its variants, including the still-rampaging Code Red II, now total more than US$2 billion -- and are rising, according to one research firm tracking the menace.
Twenty years ago next week, IBM unveiled the "IBM Personal Computer." The news was startling: Big Blue, the leading manufacture of pricey mainframes for large corporations, was entering a market generally regarded as a hobbyists' niche. And it would be selling these machines retail, straight from stores to small business users and home computing enthusiasts.
Computer Associates International Inc. (CA) unveiled on Monday a new software suite intended to help small businesses with little IT support infrastructure manage their employees' PCs.
Sun Microsystems Inc. is expanding the range of products available to developers through its Sun Developer Hardware Program, which offers program members discounted hardware and software. The company's Sun Blade 1000 and Sun Fire 280R servers and its complete Sun Cobalt line of server appliances are now included in the program's portfolio, Sun said Friday.
Computer Associates International Inc. (CA) once again posted hard-to-interpret results for its latest fiscal quarter, showing a US$342 million net loss under standard accounting principles, but a $323 million net operating income under its own pro-forma calculations. CA reported Monday for its first fiscal quarter of 2002, ended June 30.
IBM debuted on Friday its new Virtual Help Desk, a Web-based service intended to aid internal IT support staffs at large organizations.