Stories by Clare Haney

Corel Gains Extra Financing, Loses Key Staff

Troubled Canadian applications vendor and Linux distributor Corel Corp. received both good and bad news late today. The company announced some much-needed extra financing, but also the resignations of two senior executives.

Novell reorganises operations amid poor Q2 results

US networking software vendor Novell has announced a dramatic reorganisation of its operations at the same time it released poor second-quarter fiscal 2000 results. The company blames its poor financial performance on plunging sales of its packaged software in the global reseller channel.

Novell Reorganizes Operations Amid Poor Q2 Results

U.S. networking software vendor Novell Inc. today announced a dramatic reorganization of its operations at the same time it released poor second-quarter fiscal 2000 results. The company blames its poor financial performance on plunging sales of its packaged software in the global reseller channel.

CA Says Q4, FY Will Meet Analysts' Expectations

Computer Associates International Inc. (CA) today attempted to put the financial markets' concerns at rest by announcing that its delayed fourth-quarter financial results should meet analysts' expectations. The results were originally due to appear today.

DOJ's Klein Speaks Out on Antitrust Policies

One of the U.S. government's key figures in the ongoing antitrust case against Microsoft Corp. spoke publicly today about whether current U.S. antitrust policies should be rethought for the Internet economy. He also talked about the perceived benefits surrounding a breakup of Microsoft's operations which is the government's remedy to the antitrust case.

Sun Exec: Reorganization All About Integration

Sun Microsystems Inc.'s reorganization of its businesses announced yesterday represents a major push by the U.S. hardware and software to more closely integrate the company's operations, according to a Sun senior executive. The move is also designed to better anticipate the future needs of Sun's customers, he added.

Sun reorganises to focus more on customers

Sun Microsystems yesterday announced a reorganisation of its operations in a bid to better focus on the needs of customers, according to the US hardware and software maker. The moves include the establishment of a customer advocacy function tasked with watching over companywide product quality and availability.

ICANN Kicks Off Search for New CEO, President

Nonprofit Net body the Internet Corporation for Assigned Names and Numbers (ICANN) announced yesterday that it is embarking in earnest on a worldwide hunt for a new chief executive officer and president.

Sun Reorganizes to Focus More on Customers

Sun Microsystems Inc. today announced a reorganization of its operations in a bid to better focus on the needs of customers, according to the U.S. hardware and software maker. The moves include the establishment of a customer advocacy function tasked with watching over companywide product quality and availability.

ASP Gains Powerful Wireless Investors

ASP (application service provider) SkyDesk Inc. today announced it has received a total of US$20 million in funding from two leading wireless technology specialists. Qualcomm Inc., the U.S. evangelist of mobile telecommunications standard CDMA (code division multiple access) and Japanese phone service reseller Hikari Tsushin Inc. have each invested $10 million in SkyDesk, according to the U.S. ASP.

US agency warns of possible May Day DoS attacks

The National Infrastructure Protection Centre (NIPC), a US government agency, cautioned companies late Friday to be on the alert for a possible resumption in DoS (denial of service) attacks. Such attacks might be linked to Global Action Against Capitalism protests and are likely to occur around May 1, NIPC cautioned.

Novell Substantially Lowers Q2 Expectations

Networking software vendor Novell Inc. today issued a profit warning for its second-quarter financial results, saying both revenue and earnings will be substantially lower than the company had previously forecast. The main factor dragging down Novell's results is a major fall in channel sales, the vendor said.

3Com hires new CFO

3Com announced yesterday that the company has hired a new chief financial officer.

U.S. Agency Warns of Possible May Day DoS Attacks

The National Infrastructure Protection Center (NIPC), a U.S. government agency, cautioned companies late Friday to be on the alert for a possible resumption in DoS (denial of service) attacks. Such attacks might be linked to Global Action Against Capitalism protests and are likely to occur around May 1, NIPC cautioned.

Compaq Unveils Storage Management Strategy

Compaq Computer Corp. yesterday took the wraps off its strategy for managing enterprise storage. The modular-based strategy, embracing open SANs (storage area networks) as well as RAID (redundant array of independent disks) systems, will allow users to build up their storage infrastructure as their companies grow, according to Compaq.

[]