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More cuts at Gateway
News PC maker Gateway on Thursday confirmed a steep drop in fourth-quarter sales, announced more job cuts and store closures, and said it would reduce PC prices. The PC maker said earlier this month that it would meet its goal of profitability for the...
[January 25, 2002, 8:35]
Vignette to cut work force on lowered outlook
News Software maker Vignette said Thursday it plans to shut some offices and trim its work force by approximately 15 percent to reduce expenses as it looks toward weaker earnings. For the quarter ended Dec.the software maker posted net income of $649...
[January 18, 2001, 14:20]
Corel agrees to sell out for £64m
News Struggling software maker Corel announced on Thursday that it's likely to accept a buyout offer from one of the company's largest shareholders. While the software maker made a number of high-profile customer wins for WordPerfect last year, analysts...
[June 6, 2003, 10:46]
Lenovo restructures, cuts 11pc of workforce
News Chinese PC maker Lenovo confirmed on Thursday it is carrying out a restructuring exercise, which involves the company letting go of 2,500 employees — about 11 percent of its workforce. The announcement comes after a report surfaced earlier this...
[January 8, 2009, 17:15]
Court cracks down on file-swapping company
News A Dutch court on Thursday ordered file-swapping software maker Kazaa to prevent people using its product from engaging in copyright infringement or face thousands of dollars in fines. The software maker has counter-sued, charging Buma/Stemra with...
[November 30, 2001, 10:37]
Fiorina resigns from Cisco board
News Networking-gear maker Cisco Systems said on Thursday that Hewlett-Packard chief executive Carly Fiorina plans to step down from its board of directors later this year. Fiorina has also served previously on the boards of breakfast-cereal giant...
[September 19, 2003, 10:45]
Online sales help Dell in Q3
News On Thursday, the direct sales computer maker reported net income of $483m (£299m), or 18 cents a share, on sales of $6.78bn. First Call consensus expected the PC maker to earn 18 cents a share in the quarter, although most analysts originally...
[November 12, 1999, 10:09]
Microsoft makes Massive bet on in-game ads
News As expected, the software maker announced it is buying Massive, a company that serves up advertising into video games. Earlier in the day, the software maker gave details of plans to transform its new AdCenter engine from a paid search tool into a...
[May 5, 2006, 15:20]
Apple slices off a small number of jobs
News Separately, Apple on Thursday said it has acquired Zayante, a maker of chips and software related to FireWire, a high-speed method of connecting computers and add-ons such as video cameras and hard drives.
[April 5, 2002, 13:47]
AMD jumps on upgrade, Gateway prospects
News The chip maker got an upgrade from an AMD critic Thursday just as Gateway said it can't get enough Intel chips, and could go back to AMD. The chip maker trimmed its losses in the third quarter and overcame the production problems that have ruined...
[January 7, 2000, 9:05]
AMD chips win broader Dell approval
News As expected, the world's largest PC maker announced on Thursday that it will ship Dimension desktops and two-processor servers equipped with AMD's chips by the end of the year. In its second fiscal quarter, ended 4 August, the PC maker's revenue...
[August 18, 2006, 8:45]
3Com warns, discontinues cable, DSL
News The network equipment maker, which has announced warnings for three straight quarters, said it expects revenue of $450m (£326m) to $475m for the fourth quarter ended June 1. French network equipment maker Alcatel sold its DSL business to Thomson...
[June 8, 2001, 8:52]
Microsoft makes Longhorn Server security promises
News On Thursday, the software maker shared some details on a few of the security and identity management features it has in store for the Windows Server, code-named Longhorn, which is due in 2007. The system can fix itself on the fly if there is a bad...
[September 16, 2005, 9:35]
Sun lights the way for virtual servers
News The Santa Clara, California-based server maker announced its N1 initiative in February but has offered little detail since. As previously reported, the server maker is working on N1 partnerships with BMC, Oracle, PeopleSoft, i2 and SAP for software...
[September 18, 2002, 8:07]
Microsoft revenue takes a tumble
News The software maker said fiscal third-quarter sales totalled $13.65bn (£9.33bn), down six percent compared with $14.45bn in the same quarter a year ago. The software maker has been pushing to have Windows 7 out in time to be on PCs by this Christmas...
[April 24, 2009, 8:30]
Ericsson's Redback CEO leaves executive role
News Kevin DeNuccio, the head of telecom equipment maker Ericsson's Redback Networks is leaving his executive position to become vice chairman of the unit, Redback's chairman said on Thursday. The news also follows speculation Ericsson could take a...
[February 1, 2008, 9:22]
Qualcomm to support Linux
News Qualcomm joins number two handset maker Motorola, Japanese mobile phone operator NTT DoCoMo and other major wireless companies in endorsing Linux. The mobile phone industry generally yawned in 2003 when number one handset maker Nokia began a push...
[May 5, 2005, 17:50]
iMac delay will leave shelves bare
News Apple confirmed on Thursday that it is working on an all-new iMac but that the machine won't be ready until September, well after the Mac maker runs out of stock on the old model. Kay said he could not think of a time when a major computer maker...
[July 2, 2004, 8:35]
Legal costs depress Microsoft's bottom line
News The software maker said it earned $1.32bn (£740m), or 12 cents per share, on revenue of $9.18bn, for the three months ended 31 March. Those figures are roughly in line with what analysts had been expecting from the software maker.
[April 23, 2004, 8:40]
Gateway cuts its losses
News The PC maker reported a loss of $59m, or 16 cents per share, for the quarter ended 30 September. The PC maker, which acquired eMachines in March, has been working since then to implement a new business strategy centred on selling larger numbers of...
[October 29, 2004, 9:29]
