Topic: General

Posted by : Anonymous on Wednesday, June 02, 2004 - 06:49 AM

SAP AG said it now owns about 90.01 pct of SAP Systems Integration AG as a result of the share buy-back offer that ended on May 27.
SAP spun off the company in 1997 and in March, it offered 20.40 eur per share to buy the outstanding shares.

Posted by : Anonymous on Saturday, May 15, 2004 - 02:25 PM

Communications Inc. president William Daley has resigned and the company named Forrest Miller, currently corporate planning group president, to replace him.The telecommunications company offered no explanation for the abrupt personnel changes in its brief statement.
Miller's title will be Group President-External Affairs and Planning and he will report to SBC chairman and chief executive Edward Whitacre Jr. The group will combine the company's public affairs and planning units

Posted by : Anonymous on Saturday, May 15, 2004 - 02:20 PM

Business software maker Oracle Corp. reduced its hostile takeover bid for rival Peoplesoft Inc. to $7.7 billion Friday, shaving nearly 20 percent, or $1.7 billion, from its previous offer to reflect its prey's wilting market value.
In its surprise move, Oracle revised its nearly year-old bid for PeopleSoft to $21 per share, reversing from the $26 per share, or $9.4 billion cash, that had been on the table.

Posted by : Anonymous on Saturday, May 15, 2004 - 02:17 PM

Weeks after Google made waves with a new service called Gmail, Yahoo has promised an overhaul of its own mail service, including unlimited storage for premium users.
The new Yahoo Mail will roll out in phases this summer, said Jim Brock, Yahoo's senior vice president for consumer services.

Posted by : Anonymous on Thursday, May 13, 2004 - 05:15 PM

Cisco Systems plans to add an additional 1,000 workers this year as U.S. tech spending finally comes back, CEO John Chambers said Tuesday.
Cisco already boosted its staff by 200 in its fiscal third quarter -- the first time in three years that the No. 1 network-gear maker has added jobs. Most of those jobs, plus the 1,000 to come, will be in the USA.
San Jose, Calif.-based Cisco, a key barometer of tech spending, announced the news as it reported better-than-expected earnings for its fiscal third quarter.

Posted by : Anonymous on Thursday, May 13, 2004 - 05:14 PM

Arnold Schwarzenegger, Tiger Woods and Google's thirtysomething founders aren't the only investors likely to make big bucks when Google sells shares to the public this year.
Stanford University, where Google began, could sock away $250 million from stock it owns in the online search engine giant. That could be a record for a university profiting from a campus start-up.

Posted by : trraju on Friday, May 07, 2004 - 01:35 PM

The European Commission has fined Microsoft a record €497m (£280m) for its anti-competitive behaviour in Europe.But the software giant's monopoly is under a potentially far more serious attack, and one that will have a huge impact on the IT skills market.

Posted by : trraju on Tuesday, April 27, 2004 - 09:59 AM

SAN FRANCISCO, Apr 23, 2004 (AFX-UK via COMTEX) -- PeopleSoft shares retreated Friday morning after the business-software company narrowly missed Wall Street's earnings expectations and served notice that it may fall short again in the current quarter. Acknowledging that profits have been dragged down by fighting Oracle's takeover bid, PeopleSoft reported a first-quarter net profit of $24 million, or 7 cents a share, on $643 million in revenue.

Posted by : trraju on Tuesday, April 27, 2004 - 09:57 AM

UK Web developers are throwing their weight behind Zope, an open source application server already popular in the US and Europe, but which has yet to crack Britain. On 19 April, commercial Zope vendors will join forces to launch the Zope Association, which aims to promote open source technology in general and Zope as a development tool. The forum will launch in the House of Commons, with founding members including UK commercial organisations that already use Zope.

Posted by : trraju on Thursday, April 08, 2004 - 09:06 AM

SAN FRANCISCO (AP) - Google Inc. hails its new e-mail service as a breakthrough in online communication, but consumer watchdogs are attacking it as a creepy invasion of privacy that threatens to set a troubling precedent. Although Google's free ``Gmail'' service isn't even available yet, critics already are pressuring the popular search engine maker to drop its plans to electronically scan e-mail content so it can distribute relevant ads alongside incoming messages.