Citing weak mobile phone and automotive markets, Siemens AG CEO Heinrich von Pierer announced the company would cut an additional 3,500 jobs, bringing the total number of layoffs to 6,100, or 1.5 per cent of its workforce.
Microsoft Corp. credited sales of Windows 2000 Professional and a reorganization of its sales force for helping the software vendor turn in a 14 percent increase in revenue and a 3 percent profit gain during its fiscal third quarter -- results that were slightly above expectations after Microsoft was forced to lower its projections one quarter earlier.
B-to-B e-commerce raises a host of problems that neither business nor government is prepared to solve, according to two information technology leaders scheduled to speak at the U.S. Federal Trade Commission's workshop on competitive practices in business-to-business exchanges that will be held Thursday and Friday..
The U.S. Department of Justice has initiated an investigation to determine whether a business-to-business exchange set up by six of the nation's largest meat producers violates antitrust laws.
Sun Microsystems this week was dealt another small loss in its legal battle with Microsoft over the Java programming language.
Intel Corp. today announced plans to spend $200 million to build a worldwide network of digital broadcast centers designed to deliver content such as training classes, concerts, movies and financial briefings via the Internet.
The U.S. Postal Service has come up with a new way to send mail - by using the Internet.
Computer Associates International Inc.'s announcement yesterday that is was delaying the release of its financial results until May 18 may concern investors, but at least one analyst says that for CA users "this is pretty much a nonevent."
Industry analysts last week praised an announcement by SAP that it will resell customer relationship management (CRM) software made by Nortel Networks's Clarify unit, calling it a sign that the applications vendor now realises it can't try to develop everything in-house.
Analysts and users praised Cisco Systems' move to buy Massachusetts-based high-end switchmaker ArrowPoint Communications for $US5.7 billion.
Analysts and users praised Cisco Systems Inc.'s move to buy Massachusetts-based high-end switchmaker ArrowPoint Communications Inc. for $5.7 billion.
The House Judiciary Committee voted 29-8 Thursday to ask the full House to approve a five-year extension of the current moratorium on Internet sales taxes.
MicroStrategy Inc. yesterday restated its quarterly financial results for last year, leaving the once high-flying maker of data analysis software with losses in each of 1999's four quarters.
The US Supreme Court on Monday let stand a lower court ruling that says Internet service providers (ISP) can't be held liable when a person is defamed in e-mail or online bulletin board messages.
Reflecting its new partnership with Royal Ahold, Peapod Inc. named 38-year-old Marc van Gelder, a veteran of Ahold, as its president and CEO today.