Latest financial news.MCI finds a buyer for wireless assets, 07/01/03Nextel is buying MCI’s fixed wireless service assets for $144 million. MCI, formerly WorldCom, filed a motion with the U.S. Bankruptcy court in the Southern District of New York on Monday that states that wireless service provider Nextel was the top bidder in an auction to sell off MCI’s wireless assets.https://www.nwfusion.com/edge/news/2003/0701nextel.html Hearing delayed in Oracle’s suit against PeopleSoft, 07/02/03A court hearing in Oracle’s lawsuit against PeopleSoft has been postponed following the U.S. government’s request for more information this week regarding Oracle’s unsolicited bid to buy the Pleasanton, Calif., software company. https://www.nwfusion.com/news/2003/0702hearidelay.htmlCourt approves Global Crossing acquisition, 07/02/03The court overseeing the reorganization of bankrupt telecommunications carrier Global Crossing Holdings Ltd. has approved the takeover of the company by Singapore Technologies Telemedia Pte. Ltd. (ST Telemedia), Global Crossing said in a statement Wednesday.https://www.nwfusion.com/news/2003/0702courtappro.htmlCorbis sues Amazon, others over image sales, 07/02/03Retail portals must be aware of their responsibility for the vendors they host, according to photo library Corbis, which is suing Amazon.com over its dealings with a number of poster vendors accused by Corbis of copyright infringement. https://www.nwfusion.com/news/2003/0702corbisues.htmlEx-Intel worker wins e-mail case on appeal, 07/01/03In a closely watched case that’s testing the boundaries of law governing cyberspace, California’s highest court on Monday …https://www.nwfusion.com/news/2003/0701exinworke.html EU’s online sales tax takes effect, 07/01/03A directive requiring companies outside of the EU to start paying value-added tax, or VAT, on sales of electronically delivered goods and services to European customers came into effect Tuesday.https://www.nwfusion.com/news/2003/0701eusonlin.htmlFriskit to sue RealNetworks over patents, 07/01/03San Francisco technology licensing company Friskit Tuesday announced that it filed suit against RealNetworks and Listen. …https://www.nwfusion.com/news/2003/0701frisktosu.htmlCogent buys time, 06/30/03Cogent Communications officials say they have bought themselves more time to turn the company around through debt …https://www.nwfusion.com/news/2003/0630cogent.htmlCEO Kruep leaves Procket, 06/27/03Randall Kruep has resigned as CEO of Procket Networks following a power struggle with founder and chief scientist Tony Li …https://www.nwfusion.com/edge/news/2003/0627procketceo.html Related content news VMware stung by defections and layoffs after Broadcom close Layoffs and executive departures are expected after an acquisition, but there's also concern about VMware customer retention. By Andy Patrizio Nov 30, 2023 3 mins Virtualization Data Center Industry news US will take decades for supply chain independence in chips: Nvidia CEO Jensen Huang pointed out that Nvidia’s latest AI servers have 35,000 parts from all over the world, including Taiwan. By Sam Reynolds Nov 30, 2023 4 mins CPUs and Processors Technology Industry news Why are 5G private networks failing to take off in India? Lack of clarity on spectrum allocation coupled with high capital expenditure are leading to low uptake of 5G-enabled private networks in India. By Gagandeep Kaur Nov 30, 2023 5 mins Private 5G news HPE goes all-in for AI with new hybrid cloud compute, storage products At its annual Discover conference, HPE debuted a range of hybrid cloud offerings designed to allow enterprises to optimize generative AI model development and implementation. By Sascha Brodsky Nov 30, 2023 6 mins CPUs and Processors Flash Storage Generative AI Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe