Latest financial news.
XO spins off wireline to go wireless, 11/08/05
XO Communications this week said it is spinning off its wireline assets to focus on fixed broadband wireless service to businesses and service providers.
http://www.networkworld.com/news/2005/110805-xo-spinoff.html?nl
Oracle CFO resigns after a short stint, 11/03/05
Oracle has lost its CFO for the second time this year. The company said late Thursday that Greg Maffei will leave later this month.
http://www.networkworld.com/news/2005/110305-oracle-cfo.html?nl
Novell to lay off 10% in restructuring, 11/02/05
Novell will eliminate about 600 jobs, or more than 10% of its workforce, as part of a restructuring in which the company will refocus on Linux and open-source opportunities as well as the identity and resource management markets.
http://www.networkworld.com/news/2005/110205-novell-cuts.html?nl
