Latest financial news.
PeopleSoft extends customer refund offer to Dec. 31, 11/19/03
PeopleSoft Wednesday told the U.S. Securities and Exchange Commission that it is extending a disputed customer refund offer aimed at thwarting a takeover attempt by Oracle until Dec. 31.
https://www.nwfusion.com/news/2003/1119peoplexten.html?nl
U.S. tech job losses slow in 2003, AEA says, 11/19/03
Although job losses continue to hit the U.S. technology sector, the rate of the employment decline is slowing, the American Electronics Association Wednesday said.
https://www.nwfusion.com/news/2003/1119ustech.html?nl
Sun to acquire Waveset Technologies, 11/18/03
Sun Tuesday announced it has entered into an agreement to acquire Austin, Texas-based identity management software vendor Waveset Technologies for an undisclosed price.
https://www.nwfusion.com/news/2003/1118wavesetsun.html?nl
SCO to pay lawyers millions for more legal firepower, 11/18/03
Unix developer The SCO Group Tuesday said that it is extending an agreement with its lawyers to defend itself against new copyright issues.
https://www.nwfusion.com/news/2003/1118scotopa.html?nl
SCO CEO: Novell-SuSE breaks SCO contract, 11/18/03
Novell’s $210 million planned acquisition of SuSE Linux will put it in violation of a non-compete agreement the networking vendor has with The SCO Group, and could possibly lead to legal …
https://www.nwfusion.com/news/2003/1118cdxposco.html?nl
3Com-Huawei joint venture begins operations, 11/17/03
A joint venture between 3Com and Huawei Technologies has received approval from the Chinese government and began operations Monday.
https://www.nwfusion.com/news/2003/11173comjoint.html?nl
Tallying the true cost of spam, 11/17/03
Frank Gillman was frustrated that spam had essentially rendered useless the BlackBerries he deployed to 220 lawyers at the Allen Matkins legal firm in Los Angeles.
https://www.nwfusion.com/news/2003/1117spamcost.html?nl
EU could base deal on Windows XP Embedded, 11/17/03
A small but important fact was established last week during a hearing in Microsoft’s long-running anti-trust case in the European Union that could form the basis of a settlement, according to some …
https://www.nwfusion.com/news/2003/1117msantit.html?nl
Salesnet pursues OEM strategy, 11/17/03
In a bid to distinguish itself within the increasingly crowded hosted CRM market, Salesnet has begun pursuing an OEM strategy, signing on partners to offer their own, branded versions of Salesnet’s …
https://www.nwfusion.com/news/2003/1117salespursu.html?nl
EU to probe Oracle’s PeopleSoft bid in depth, 11/17/03
The European Commission has launched an in-depth investigation into Oracle’s hostile $7.3 billion bid to take over rival software maker PeopleSoft, the regulator said in a statement Monday.
https://www.nwfusion.com/news/2003/1117eutopr.html?nl
OSDL to pay for Torvalds’ lawyers, 11/14/03
Open Source Development Labs Friday said that it will pay the legal fees for Linux creator Linus Torvalds and other lab employees who have been ensnared in a lawsuit between IBM and The SCO Group.
https://www.nwfusion.com/news/2003/1114osdltopa.html?nl
Qwest acquires Touch America assets, 11/14/03
Qwest this week said it will purchase frame relay and ATM assets from Touch America, a bankrupt service provider Qwest has been in litigation with.
https://www.nwfusion.com/edge/news/2003/1114qwestbuy.html?nl
