• United States

Ethernet access box maker breaks silence, scores funding

Jan 14, 20042 mins

Latest financial news.

Ethernet access box maker breaks silence, scores funding, 01/13/04

To say that World Wide Packets has been quiet of late would be a huge understatement, but the Ethernet access equipment maker is ready to make some noise, starting with news that it has received a third round of venture funding.

Court voids Microsoft claims through Lindows site, 01/13/04

A San Francisco court, siding with Microsoft has ordered the administrator in a $1.1 billion California class-action settlement to reject claims filed through, a Web site run by Linux vendor

Ellison hands Oracle chairmanship to CFO, 01/12/04

Larry Ellison is handing over his position as chairman of Oracle to the company’s CFO, Jeff Henley, Oracle announced Monday in a statement. Ellison will retain his position as CEO of the company.

CA told of possible SEC enforcement action, 01/12/04

Computer Associates International said Monday it has received notice from the U.S. Securities and Exchange Commission (SEC) that the agency is considering civil enforcement action against the company for possible violations stemming from improper revenue recognition.

EDS buys the Feld Group in $89 million deal, 01/12/04

Electronic Data Systems has acquired IT management consultancy the Feld Group, a purchase intended to strengthen EDS’ executive ranks and IT-transformation and business process outsourcing …

IBM CEO challenges Big Blue to move to Linux desktop, 01/08/04

IBM Chairman and CEO Sam Palmisano has challenged his company to move to the Linux desktop over the next two years, according to an internal memo written by IBM CIO Bob Greenberg in November …

IBM trims 400 more jobs, 01/08/04

IBM has cut around 300 U.S. software jobs and 100 positions in its services division, a company spokesman said Thursday.

Report: Google chooses investment banks for IPO, 01/06/04

Internet search leader Google has already chosen some investment banks for its expected initial public offering (IPO), according to a story in the San Francisco Chronicle newspaper.