You could almost see it happen: After Enron, the next company to implode was WorldCom, which went spectacularly bankrupt, costing shareholders and employees billions and resulting in federal probes that ultimately led to a 25-year prison sentence for founder Bernie Ebbers.
Bernie Ebbers resigns WorldCom
Easy come, not so easy go for Ebbers, his stockholders and employees.
WorldCom files for bankruptcyannounces the amount of WorldCom was up to $9 billion.
Two months later, it
Critics decry spread of ‘scumware’ on the Web
Spyware pops its ugly head up.
Fall Interop succumbs to industry malaise
No more trips to Atlanta as yet another trade show closes forever.
American Express hands over its IT operations to IBM in an outsourcing deal valued at $4 billionmight be on the way out, but outsourcing lives forever (EDS landed a $4.5 billion deal from Bank of America).
ASPs
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Early users laud 802.11a LANs
Federal judge approves Microsoft anti-trust settlement
