BEA sees a turnaround ahead
News The poor financial results "should be a wake-up call" to BEA's management, Rymer says. The disappointing financial results revived some long-standing questions about BEA's ability to thrive, but analysts say the company's advantages include...
[May 20, 2004, 11:10]
Yahoo shuts up enterprise-software shop
News The dissolution of the enterprise solutions divisions is the culmination of years of financial uncertainty. For many financial quarters, Yahoo offered glimpses of the enterprise division's woes. Yahoo will continue to sell products formerly under...
[November 3, 2003, 9:00]
Oracle wants to curtail Microsoft advance
News During a briefing with financial analysts, Oracle provided more details on the technical features and business goals of the Oracle 10g database, which is an update to the company's flagship database product, and the 10g Application Server, both...
[November 7, 2003, 11:05]
Study: IT spending increases profits
News The average profit of organisations that spent heavily on ICT was 9.1 per cent, compared to 6.7 per cent for organisations that failed to make a significant financial commitment. Although investment was the most influential factor in delivering...
[October 10, 2002, 16:26]
Intel to cut 1,000 manager jobs
News Kariithi estimated that the revenue per Intel employee dropped from $408,175 in the fourth quarter of 2005 to $371,075 in the first quarter of 2006, but he expects another layoff to be announced during the financial results announcement.
[July 14, 2006, 8:35]
Oversea-Chinese Banking Corporation Limited Saves Time and Streamlines Customer Service
White Papers Oversea-Chinese Banking Corporation Limited (OCBC Bank), a financial services group with a long history in Singapore, vigorously responded to the new competitive realities by revamping its customer strategy and marketing a broad range of financial...
[January 19, 2007, 0:00]
Tech world mourns loss of colleagues
News Netegrity, an e-business software management company, said its chief financial officer, James Hayden, 47, was among the passengers killed when United Flight 175 hit the World Trade Center. Netegrity said Hayden was instrumental in establishing and...
[September 13, 2001, 11:56]
Gateway founder Waitt back in as chief executive
News At the time, the company was recovering from financial losses in the third quarter of 1997. Although Gateway's financial dilemma has been public knowledge, Kumar said, Weitzen's departure comes as a surprise.
[January 30, 2001, 8:18]
Google speeds ahead of rival Yahoo
News The contrast between the financial results announced last week for the two top search engine companies couldn't have been starker. Google, once again, blew away Wall Street expectations, while financial analysts openly wondered how long Yahoo chief...
[April 24, 2007, 12:06]
Software upgrades find favour with frugal firms
News Consequently they have invested in upgrades and complementary products," said Sage, announcing its full-year financial results. Company chairman Michael Jackson said that performance in the new financial year since 1 October has been encouraging...
[December 2, 2003, 14:00]
PeopleSoft board says no to Oracle
News PeopleSoft consulted with financial professionals at Citigroup Global Markets and Goldman Sachs on its decision to reject the offer, the company said. The key to improving its financial picture, executives said, is a plan to introduce new products...
[November 11, 2004, 8:07]
Outsourcers play on vertical strengths
News Schaefer pointed to financial services as one area where users are particularly concerned that their outsourcing provider understands regulations and policies before handing over critical operations management.
[July 22, 2003, 10:04]
Is Yang right to run Yahoo?
News Decker may be the "strategic powerhouse" and "financial wizard" that Semel said she is during a conference call discussing the changes, but Yang brings the technological know-how that neither Semel nor Decker have, observers noted.
[June 19, 2007, 12:54]
BIBLE: Best of British
News Interactive Investor International is one of the oldest financial Web sites, having started out life in 1995. The site relaunched earlier this year and has recently splashed out on slick adverts pushing its message of financial empowerment.
[November 10, 1999, 13:40]
Novell faces massive changes
News Novell is expected to initiate a major round of layoffs that could cut 1,000 or more jobs in an attempt to restore the software company's financial strength, according to employees familiar with the plan.
[October 24, 2005, 9:20]
Yahoo to cut over 1,400 jobs as profits slump
News Yahoo said the layoff are the centerpiece of a new financial goal to cut its current annualised expenses of $3.9bn by $400m by the end of 2008. The balance of cost containment and weakening advertising showed chief financial officer Blake Jorgensen...
[October 22, 2008, 8:46]
Novell close to e-commerce launch
News Novell officials told financial analysts on Thursday that the company will launch its i-Chain commerce framework -- which will be based on a new Novell certificate server -- before the year is out. Novell's goal is to grow its directory-enabled...
[August 20, 1999, 14:21]
Satyam 'bullish' under new governance model
News In the UK and Ireland, Satyam's existing clientele had signed $2.5m (£1.5m) worth of contracts with the company during the first quarter of financial year 2009, Satyam's UK and Ireland head noted earlier this month.
[July 6, 2009, 9:32]
SCO receives funding to pursue Linux litigation
News He has "acted as a principal financial adviser to Prince Alwaleed bin Talal Al Saud of Kingdom Holding Company in structuring and negotiating the re-capitalisation of Citibank" and worked on "the offer by a major Saudi Arabian investment firm for...
[February 15, 2008, 9:20]
How outsourcing saved one catering company
News Since starting the project, the company says it has recognised improvements in the speed of financial and accounting role performance. Following the successful introduction of telecommunications outsourcing with Telstra on an Asia-wide scale...
[January 7, 2005, 10:25]



