Stories by Stacy Cowley

Wyly just wants to 'have fun,' CA charges

Computer Associates (CA) sent a letter to its shareholders Thursday attacking shareholder Sam Wyly's proxy bid to replace the company's board of directors, and suggesting that his "ill-conceived" plan to overthrow CA's management is little more than a lark.

Jobs debuts faster Macs, previews OS X upgrade

Apple Computer Inc. kicked off this week's Macworld show here with upgrades to its iMac and Power Mac G4 product lines, and a pledge that Mac OS X version 10.1, the first major upgrade to its recently released operating system, will ship in September.

Gartner: IT spending still rising

IT spending isn't growing as rapidly as it has in past years, but it's still rising, research firm Gartner Inc. said Tuesday as it released preliminary results from its annual IT Spending and Staffing Survey report.

Comdisco bankrupt, sells services unit to HP

IT services and equipment leasing firm Comdisco and 50 of its U.S. subsidiaries have filed for Chapter 11 bankruptcy protection. Comdisco's operations outside of the U.S. are not included in the filing.

CA unveils BrightStor storage product line

Computer Associates International Inc. said Tuesday it intends to compete head-to-head with Veritas Software Corp. for market share in the enterprise data backup and storage space, a move expected to yield more choices for users in this market. CA said it is consolidating its storage applications under its new BrightStor brand, and releasing its first BrightStor-branded product, BrightStor Enterprise Backup.

CA strong despite turmoil, analysts say

Computer Associates International Inc. (CA) heads into its annual CA World user conference, beginning this weekend in Orlando, under a cloud of scandal and bad news -- but analysts say the company is fundamentally strong, and that it has recently done an excellent job of developing compelling technologies.

IBM cuts Low Rate Financing program rate

IBM started off its third fiscal quarter Monday by dropping the bottom interest rate available to corporate customers taking advantage of the company's Low Rate Financing program, targeted at mid-size firms shopping for leased servers, software, and other IBM products.

Wyly says CA is suing him to stop takeover bid

Sam Wyly, the Computer Associates (CA) shareholder who is launching a proxy fight in hopes of taking over the company, announced in a conference call Friday that CA has filed suit against him to stop his takeover bid. CA claims that Wyly's bid to replace the company's board of directors and top management is in violation of the non-compete agreement he signed when he sold Sterling Software International to CA in 2000, he said

HP debuts two notebooks, new enterprise package

Hewlett-Packard (HP) kicked off its presence at this week's PC Expo trade show by announcing a host of new products, including a pair of new consumer laptops, a LCD (liquid crystal display) monitor, several wireless accessories and enabling technologies, and an enterprise package designed to streamline corporate PC deployment and maintenance.

Internet appliances have not lived up to hype

At last year's PC Expo, Internet appliances were generating buzz. Next week at the exhibit, which is now part of the Technology Exchange Week New York (TechXNY), participants are apt to be more sober-minded about the devices.

IBM invites Linux fans to come play on its mainframe

IBM is offering Linux developers free access over the Internet to one of its powerful mainframes, the company said Thursday. The move is part of IBM's ongoing embrace of the Linux operating system and the open-source development community.

Lotus updates Domino Extended Search

Lotus Development Corp. Wednesday released Domino Extended Search (DES) 3.5, an add-on product for Domino that handles searching throughout Lotus Notes/Domino domains, stored legacy data and selected Internet sites.

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