Latest financial news.
HP Forum: HP pledges to connect better with customers, 09/18/06
HP president and CEO Mark Hurd, speaking at a user conference Monday in Houston, told customers the company’s goal is to listen to them more and respond to their needs more quickly.
EMC buys Network Intelligence, 09/18/06
EMC will spend $175 million to acquire security information provider Network Intelligence.
AT&T buys into the ASP market by acquiring Usi, 09/18/06
AT&T announced today that it is acquiring USinternetworking for about $300 million in cash.
Reports: HP probe included physical, e-mail tracking, 09/18/06
HP board members and journalists were under physical surveillance by investigators trying to find out who was providing information to reporters, and private investigators tried to put tracking software on a journalist’s computer to keep tabs on e- …
Customers, analysts say HP needs to rise above board scandal, 09/18/06
Improving financials have brightened HP’s outlook, but a scandal that has resulted in the resignation of the company’s chairman of the board, as well as state and federal investigations could seriously tarnish HP’s reputation as it seeks to stabilize …
Telecom Italia to acquire AOL’s German ISP for $853.5 million, 09/17/06
Telecom Italia will acquire the Internet access unit of AOL in Germany for €675 million ($853.5 million) in cash, the two companies announced Sunday.
Company sues Microsoft over ‘Forefront’ name, 09/15/06
Microsoft may have thought it was being original when it decided to brand its security portfolio “Forefront” in July, but a Seattle software company begs to differ.
PC revenue decline in 2006 continues, Gartner says, 09/15/06
Even as PC sales continue double-digit growth, industry revenue is likely to decline 2.5% to $198.5 billion in 2006, according to a forecast released Friday by Gartner. Worldwide PC shipments are scheduled to rise 10.5% over last year, reaching 233.7 …
Gartner says Vista to have little impact on PC growth, 09/15/06
Gartner analysts expect the release of Windows Vista next year will have little impact on boosting PC sales.
Caspian Networks may be acquired, 09/15/06
Caspian Networks, a one-time core router start-up that today makes devices to improve network performance, is on the block.
BlackBerry continues expansion by launching in Taiwan, 09/14/06
One of Taiwan’s largest mobile phone network operators launched the popular BlackBerry service Thursday, continuing Research In Motion’s expansion into Asia.
Dell to open manufacturing plant in India, 09/14/06
Dell has selected Chennai, the capital city of Tamil Nadu in southern India, as the location for its first PC manufacturing plant in the country.
Former Novell head Messman quits board early, 09/14/06
Novell’s former Chairman and CEO Jack Messman, who was ousted from those positions in June, has quit the company’s board of directors a month and a half earlier than had been previously announced.
State says it has evidence to charge HP officials, 09/13/06
A day after HP chairman Patricia Dunn promised to step down for her role in a spy scandal, the state of California is continuing to investigate the actions of HP officials and the private investigators they used.
‘Dell 2.0’ will focus on PC design, overseas factories, 09/13/06
In a bid to reassure nervous investors in the wake of a federal investigation and a battery recall, Dell executives have announced a corporate overhaul dubbed “Dell 2.0.”
Dell, EMC to remain storage sweethearts, 09/12/06
Dell announced today that it is extending its storage products marketing relationship with EMC for another five years.
FAQ: HP board scandal, 09/12/06
While HP has been buoyed by rising financials, the tide has turned in recent days as the industry focuses on a boardroom scandal involving the board chairman, an outside investigative firm and a technique known as “pretexting.” What follows are …
HP’s Dunn, Keyworth to step down, 09/12/06
Patricia Dunn, HP’s embattled chairman, will be relieved of those duties after the board’s Jan. 18, 2007, meeting, but will continue as a director.
Juniper, Symantec join forces to fight security threats, 09/12/06
Juniper Networks and Symantec today announced they’ve agreed to form a broad strategic partnership that includes product development in the areas of unified threat management, intrusion-protection systems and endpoint compliance.
