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PeopleSoft extends customer refund offer

Nov 19, 20033 mins

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.

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.

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.

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.

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 …

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.

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.

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 …

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 …

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.

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.

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.